Lafayette, VA housing market
The median sale price was $270,000 in February 2026.
Home values, sales, trends and how Lafayette compares with the towns next door — updated as new data is published.
Lafayette at a glance
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Lafayette and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Lafayette | — | — | $1,120 | $34,596 |
| Elliston | $250K | +3.4% | $1,120 | $47,045 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,120
HUD's Fair Market Rent for a two-bedroom in Lafayette is $1,120 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $840 · 4 bedrooms $1,890
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24087; Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area), 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. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.