Explore La Fayette, AL - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$122,500

Market Insights

With only 2.5 months of inventory, La Fayette remains a seller's market. Home prices have decreased 38.7% in the past month. With 2.5 months of supply, La Fayette's inventory levels remain relatively tight. Homes are taking about 85 days to sell, which is NaN days longer than this time last year. A significant 60.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the La Fayette market with the affordability index at 274.0. Based on current market indicators, home prices in La Fayette are projected to decrease by approximately 5.3% over the next month.

Demographics market for - La Fayette, AL

Total Population -

2,909

White Population

31%

Black Population

65%

Mexican0%
Puerto Rican9% (0% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan91% (2% of total population)
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 81% (1% of total population)
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - La Fayette, AL

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Real Estate Market Prediction for - La Fayette, AL

City Hotspots
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