Housing in La Fayette, AL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$160,000

Median List Price

$240,000

Price Per Sq Ft

$110

Days on Market

15

Active Inventory

6

Months of Supply

6.0

Balanced market

Price Trends

Source: Redfin
Sale Price 60.0%List Price 14.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

94.2%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
50.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

1

Homes Sold 0.0%New Listings 0.0%Pending 25.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$110

Median List $/SF

$172

Sale $/SF 17.0%List $/SF 34.4%Mar 24Jan 26

La Fayette vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. La Fayette is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$101,300

Median Rent

$540

Total Housing Units

1,323

Vacancy Rate

14.8%

Owner Occupied

64.8%

Renter Occupied

35.2%

Median Property Tax

$418

per year

Monthly Cost (w/ Mortgage)

$602

Housing Types

Single Family
70.2%
Multi-Family
22.8%
Mobile Home
7.0%

The current median sale price in La Fayette, AL is $160,000 according to Redfin data. Homes spend a median of 15 days on the market. 0.0% of homes sold above asking price. The market has 6.0 months of supply. The median price per square foot is $110. The median rent is $540 per month (Census ACS). About 64.8% of housing units are owner-occupied. The median year homes were built is 1976. There are 1,323 total housing units.