The Layfayette housing market is very competitive. The median sale price of a home in Layfayette was $411K last month, up 38.2% since last year. The median sale price per square foot in Layfayette is $149, down 24.0% since last year.
What is the housing market like in Layfayette today?
In May 2025, Layfayette home prices were up 38.2% compared to last year, selling for a median price of $411K. On average, homes in Layfayette sell after 14 days on the market compared to 14 days last year. There were 12 homes sold in May this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,500
+38.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Layfayette, VA
$410,500
+38.2%
United States
To compare other locations to the Layfayette and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norfolk add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Layfayette
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Layfayette housing market?
Layfayette is very competitive. Homes sell in 22 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 22 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Layfayette housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Layfayette.
Flood Factor - Moderate
94% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Layfayette has a moderate risk of flooding. 328 properties in Layfayette are likely to be
severely affected
by flooding over the next 30 years. This represents 94% of all properties in Layfayette. Flood risk is increasing faster than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Layfayette has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Layfayette is most at risk from hurricanes. 1,032 properties in Layfayette have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 140 mph.