Lafayette, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 52 transactions over the past year in Lafayette. The median value for residential home transactions that occurred over the previous year is $544,139.64. The number of current listings in Lafayette is 28, and the percentage of properties for sale in the city is 73.68%. Lafayette, NJ currently has 10 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 28 properties for sale.
Lafayette, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07848 | $ 553,499 $ 277/sqft |
Housing Market Summary for Lafayette, NJ
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $624.5K | $395.2K | -36.71% |
| Median Sold Price | $449.7K | $395.2K | -12.11% |
| Homes For Sale | 6 | 27 | 350.00% |
| Homes Sold | 37 | 24 | -35.14% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lafayette, NJ
Browse Homes in Lafayette, NJ
Lafayette home values range from $170,048 to $1,539,266. The median estimated value of a home in Lafayette is $544,139.64. The median list price of a home is 662,000, and the total count of properties in the city is 1,413.
- Pre-ForeclosurePre-foreclosure homes account for 0.64% 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 $999,900 in 07848 to the lowest home value of $325,767 in 07848.
- Bank OwnedThe 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.
- Auctions07848 has 1 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 0.07% 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 $740,749 in 07848 to the lowest value of $740,749 in 07848.