Lafayette Township Housing Market Report May 2025•McKean County, Pennsylvania

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Housing Prices in Lafayette Township, PA

How much do homes in Lafayette Township, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$204,450$145/SqFt
+$37,050
+22.1%

Based on all homes listed in May 2025

Insight

The list price of homes in Lafayette Township has increased by 22.1% since April.

Summary: The median home list price in Lafayette Township was $204,450 in May 2025, up 22.1% from the previous month, and the median price per square foot was $145.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Hamlin Township
+150.0%
Lewis Run
+22.6%
Lafayette Township
+22.1%
Gifford
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1$164.9K$164.9K
0.0%
2$122K$180.5K
+48.0%
3-$249.9K
N/A
4$297.4K$297.4K
0.0%
5--
N/A

Summary: Lafayette Township housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +48.0%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Lafayette Township, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lafayette Township, PA

Housing supply in Lafayette Township, PA

How many homes are available in Lafayette Township, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
6Last MonthMay 2025
42 months agoApr 2025
+50.0 %
Change MoMApr – May

Summary: The Lafayette Township real estate market had 6 homes for sale in May 2025, a 50.0 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
111
0.0%
212
+100.0%
301
+100.0%
422
0.0%
500
0.0%

Summary: Lafayette Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Lafayette Township, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Lafayette Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Lafayette Township in May 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Lafayette Township, PA

How long does it take to sell a home in Lafayette Township, PA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Lafayette Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2025, 1 homes were sold in Lafayette Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
127 DaysLast MonthMay 2025
165 Days1 month agoApr 2025
-23.2 %
Change MoMApr – May

Summary: Homes in Lafayette Township had an average listing age of 127 days in May 2025, down by 23.2% compared to the previous month.

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Newest Listings in Lafayette Township, PA

What homes are available in Lafayette Township, PA?

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Nearby markets

Nearby markets aren't available for Lafayette Township, PA

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MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS, for the period 04/01/2025 - 06/01/2025

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2025, 7:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.