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All market snapshots / 47906

West Lafayette, IN 47906 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
West Lafayette, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 9090PendingPending sales: 88
West Lafayette, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $425k$425kSoldMedian sold price (last 6 months): $395k$395k
What homes actually sell for in West Lafayette, IN
Distribution of 516 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $320k to $520k
$230k to $296k: 69 sales$230k$296k to $362k: 128 sales128sales$362k to $428k: 101 sales$362k$428k to $494k: 58 sales$494k to $560k: 39 sales$494k$560k to $626k: 35 sales$626k to $692k: 31 sales$626k$692k to $757k: 11 salesMedian $395k

What the numbers say

As of October 5, 2026, Resideline is tracking 90 active listings and 8 pending sales in ZIP code 47906. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $425,000, while the median of the 516 closed sales Resideline tracked over the last six months was $395,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 47906 for 72 days.

Frequently asked questions

What is the median home price in 47906?

The median closed sale price in West Lafayette, IN 47906 was $395,000 over the last six months, based on 516 closed sales tracked by Resideline. The middle half of those sales ranged from $320,000 to $520,000.

Is 47906 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 90 active listings in 47906, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 47906 currently looks like a balanced market.

Nearby ZIP code market data

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