Housing Market & Real Estate Update: Lafayette, IN (Feb. 26, 2026)
Lafayette, IN – February 26, 2026 – Sales remained competitive as prices ran higher year over year, inventory hovered near 276 active listings, and the 30-year fixed rate dipped…
Home shoppers are still facing a competitive market, but listings appear to be taking longer to go pending than last year, giving buyers a bit more time to evaluate options.
Top takeaways
- Closed-sale pricing is running about 4% higher year over year (January 2026).
- Activity slowed: 40 homes sold in January, down from 52 a year earlier.
- Supply is moderate: about 276 active listings, with typical rents around $1.3K.
Market snapshot
Redfin’s January 2026 snapshot shows a median sale price around $234K and about 47 days on market. Realtor.com’s market panel lists a median listing price of about $289.5K and 276 active listings, pointing to more choice for buyers, while sellers still benefit from sharp pricing and inspection-ready condition.
What’s for sale nearby (by ZIP)
- 47904: about $203K median listing price
- 47909: about $298K
- 47905: about $315K
Mortgage-rate check
Freddie Mac’s weekly PMMS shows the 30-year fixed rate at 5.98% (as of Feb. 26), down slightly from 6.01% the prior week.