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All market snapshots / 47909

Lafayette, IN 47909 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lafayette, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.39
ActiveActive listings: 3636PendingPending sales: 1414
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): $312k$312kSoldMedian sold price (last 6 months): $290k$290k
What homes actually sell for in Lafayette, IN
Distribution of 440 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $242k to $370k
$178k to $222k: 53 sales$178k$222k to $267k: 86 sales$267k to $312k: 106 sales106sales$267k$312k to $356k: 52 sales$356k to $401k: 31 sales$356k$401k to $446k: 36 sales$446k to $490k: 20 sales$446k$490k to $535k: 12 salesMedian $290k

What the numbers say

As of September 14, 2026, Resideline is tracking 36 active listings and 14 pending sales in ZIP code 47909. That pending-to-active ratio of 0.39 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $312,500, while the median of the 440 closed sales Resideline tracked over the last six months was $290,000. 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 47909 for 53 days.

Frequently asked questions

What is the median home price in 47909?

The median closed sale price in Lafayette, IN 47909 was $290,000 over the last six months, based on 440 closed sales tracked by Resideline. The middle half of those sales ranged from $242,000 to $369,900.

Is 47909 a buyer's or seller's market?

Resideline is currently tracking 14 pending sales against 36 active listings in 47909, a pending-to-active ratio of 0.39. 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, 47909 currently looks like a competitive market.

Nearby ZIP code market data

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