The Lafayette Park housing market is somewhat competitive. The median sale price of a home in Lafayette Park was $110K last month, down 29.0% since last year. The median sale price per square foot in Lafayette Park is $148, up 51.0% since last year.
What is the housing market like in Lafayette Park today?
In October 2024, Lafayette Park home prices were down 29.0% compared to last year, selling for a median price of $110K. On average, homes in Lafayette Park sell after 66 days on the market compared to 75 days last year. There were 13 homes sold in October this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$110,000
-29.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lafayette Park, MI
$110,000
-29.0%
United States
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How hot is the Lafayette Park housing market?
Lafayette Park is somewhat competitive. Homes sell in 57.5 days.
0
100
43
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 32 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 Lafayette Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lafayette Park.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lafayette Park has a minor risk of flooding. 13 properties in Lafayette Park are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lafayette Park. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lafayette Park has a moderate risk of wildfire. There are 5 properties in Lafayette Park that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Lafayette Park.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lafayette Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lafayette Park is most at risk from severe storms. 275 properties in Lafayette Park have some risk of being in a severe wind event within the next 30 years.