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All market snapshots / 47906

West Lafayette, IN 47906 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
West Lafayette, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 8787PendingPending sales: 66
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): $390k$390kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in West Lafayette, IN
Distribution of 531 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $322k to $520k
$230k to $295k: 65 sales$230k$295k to $360k: 126 sales126sales$360k to $425k: 103 sales$360k$425k to $490k: 66 sales$490k to $555k: 38 sales$490k$555k to $620k: 35 sales$620k to $685k: 40 sales$620k$685k to $750k: 11 salesMedian $400k

What the numbers say

As of September 14, 2026, Resideline is tracking 87 active listings and 6 pending sales in ZIP code 47906. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $390,000, while the median of the 531 closed sales Resideline tracked over the last six months was $400,000. 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 60 days.

Frequently asked questions

What is the median home price in 47906?

The median closed sale price in West Lafayette, IN 47906 was $400,000 over the last six months, based on 531 closed sales tracked by Resideline. The middle half of those sales ranged from $321,500 to $520,000.

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

Resideline is currently tracking 6 pending sales against 87 active listings in 47906, a pending-to-active ratio of 0.07. 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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