West Lafayette stands as a beacon of community spirit and educational excellence, thanks in no small part to Purdue University. This vibrant city presents a unique and dynamic real estate market that captivates both locals and newcomers alike. Whether you are a potential homeowner searching for a place to lay down roots, or an investor eyeing the next big opportunity, West Lafayette offers an array of opportunities.
In this post we will discuss current home values with a comparison to years past. Additionally, we will add links to stats in specific neighborhoods, and more. Without further ado, let's dive in and explore the real estate market in West Lafayette, Indiana. West Lafayette Real Estate
So far in 2024 there have been 59 site-built homes sold in West Lafayette. The fast-paced world of real estate hasn't slowed down with homes averaging just 21 days on the market citywide. Prices have ranged from $196,000-$739,000 with an average sale price of $362,157. The average price per square foot has been $186.31. Lastly, the list-to-sale price ratio has been 100.10% which means sellers are accepting offers slightly above their asking price.
During the same time last year (January 1st - March 17th, 2023) there were 68 site-built homes sold in West Lafayette. The 2023 prices ranged from $160,000-$1,100,000 with an average sale price of $379,949. Homes were selling in just 35 days with an average price per square foot of $177.19. The list-to-sale price ratio was 98.52%. 2024 Market Stats (January 1st - March 17th)
2023 Market Stats (January 1st - March 17th)
Want to learn more about home prices in specific neighborhoods? Check out some of our Lafayette and West Lafayette neighborhood pages below.
0 Comments
|
AuthorKirby Parker is a residential real estate broker at Keller Williams Realty with 13+ years of experience. Archives
April 2024
|
RSS Feed
|
|