Lafayette, OR housing market
The typical Lafayette home is worth about $457,000, about the same as a year ago, 8% below the Oregon typical home. Homes typically sell in 18 days, close to asking.
Home values, sales, trends and how Lafayette compares with the towns next door — updated as new data is published.
Lafayette at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Lafayette | Oregon |
|---|---|---|
| 2017 | $255,000 | $313,000 |
| 2018 | $284,000 | $337,000 |
| 2019 | $307,000 | $354,000 |
| 2020 | $318,000 | $369,000 |
| 2021 | $365,000 | $411,000 |
| 2022 | $428,000 | $480,000 |
| 2023 | $435,000 | $490,000 |
| 2024 | $446,000 | $495,000 |
| 2025 | $460,000 | $504,000 |
| 2026 | $462,000 | $500,000 |
| August 2026 | $457,000 | $496,000 |
27 new homes permitted in 2025
Builders were permitted 27 new homes in Lafayette in 2025, all single-family houses, worth about $10.1 million to build. That's 6 per 1,000 residents, faster than across Oregon (3.8). Over the past 10 years, Lafayette has permitted 226 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Lafayette gained 681 residents while 181 new homes were permitted: about 3.8 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Oregon: 2.6 new residents per new home.
How Lafayette ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 9 | 9 | 0 | $2.5 million |
| 2025 | 27 | 27 | 0 | $10.1 million |
| 2024 | 36 | 36 | 0 | $12.5 million |
| 2023 | 19 | 19 | 0 | $5.9 million |
| 2022 | 59 | 59 | 0 | $14.6 million |
| 2021 | 13 | 13 | 0 | $1.7 million |
| 2020 | 6 | 2 | 4 | $987,000 |
| 2019 | 6 | 2 | 4 | $974,000 |
| 2018 | 9 | 9 | 0 | $1.7 million |
| 2017 | 8 | 8 | 0 | $1.4 million |
| 2016 | 43 | 43 | 0 | $9.1 million |
| 2015 | 30 | 28 | 2 | $5.8 million |
| 2014 | 44 | 44 | 0 | $8.1 million |
| 2013 | 22 | 22 | 0 | $3.7 million |
| 2012 | 5 | 5 | 0 | $81,000 |
| 2011 | 12 | 12 | 0 | $2.1 million |
| 2010 | 2 | 2 | 0 | $491,000 |
| 2009 | 4 | 4 | 0 | $1.3 million |
| 2008 | 10 | 10 | 0 | $2.5 million |
| 2007 | 54 | 54 | 0 | $8.7 million |
| 2006 | 107 | 107 | 0 | $20.8 million |
| 2005 | 114 | 114 | 0 | $22.2 million |
| 2004 | 18 | 18 | 0 | $1.8 million |
| 2003 | 41 | 41 | 0 | $4.6 million |
| 2002 | 66 | 66 | 0 | $8 million |
| 2001 | 7 | 7 | 0 | $748,000 |
How Lafayette ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.7 years of income
The typical Lafayette home costs about 4.7 years of the town's median household income, less than across Oregon (6 years).
How Lafayette ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,800
HUD's Fair Market Rent for a two-bedroom in Lafayette is $1,800 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lafayette pay a median of $1,181, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $1,470 · 4 bedrooms $2,900
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97127; Portland-Vancouver-Hillsboro, OR-WA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.