Lafayette, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 49 transactions over the past year in Lafayette. The median value for residential home transactions that occurred over the previous year is $502,617.04. The number of current listings in Lafayette is 18, and the percentage of properties for sale in the city is 66.67%. Lafayette, NJ currently has 9 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 18 properties for sale.

Lafayette, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
07848

$ 477,600

$ 237/sqft

Housing Market Summary for Lafayette, NJ

Mar 2025March 2026Change
Median Listing Price$637K$484.3K-23.97%
Median Sold Price$354.5K$484.3K36.61%
Homes For Sale618200.00%
Homes Sold2725-7.41%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

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Browse Homes in Lafayette, NJ

Lafayette home values range from $152,300 to $994,400. The median estimated value of a home in Lafayette is $502,617.04. The median list price of a home is 589,000, and the total count of properties in the city is 1,332.

Foreclosure
There is 1 zips within Lafayette, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $994,400 in 07848 to the lowest value of $392,200 in 07848. Foreclosure homes account for 0.00% of properties in Lafayette, NJ with 07848 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.68% of all residential properties in Lafayette, NJ with 07848 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lafayette, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $994,400 in 07848 to the lowest home value of $392,200 in 07848.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lafayette, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lafayette, NJ. There is 1 zips within Lafayette, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lafayette, NJ. Auction homes and other auction properties account for 0% of all properties in Lafayette, NJ. There is 1 zips within Lafayette, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.35% of residential properties in Lafayette, NJ with 07848 containing 18 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lafayette, NJ; homes for sale in that zips, have a range of median values from $959,300 in 07848 to the lowest value of $269,700 in 07848.
    Sold Homes
    The median value for recently sold homes ranges from $874,600 in 07848 to the lowest price of $216,200 in 07848. There is 1 zips within Lafayette, NJ. 07848 has 29 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.18% of properties in Lafayette, NJ.

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