Lafayette, GA—30728
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lafayette, GA
As of Oct '25, the median home price in Lafayette, GA is $218,000, with a year-over-year change of -1.3%. This indicates that home prices in Lafayette, GA are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | -1.3% |
| Single Family | $218,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | -0.6% |
3 Bed | $234,000 | 0.4% |
4 Bed | $298,000 | -0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lafayette, GA
As of July '25, Rentcast reports the average rent in Lafayette, GA is $1,280, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Lafayette, GA is 1-bedrooms: $899, 2-bedrooms: $1,110, 3-bedrooms: $1,940, 4-bedrooms: $1,550. The most common rental property sizes in Lafayette, GA are 2-bedroom and 3-bedroom, accounting for 48.3% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $899 | $899 |
| 2 Bed Rent | $1,100 | $1,110 |
| 3 Bed Rent | $1,700 | $1,940 |
| 4 Bed Rent | $1,550 | $1,550 |
% of Rental Stock
Property Listings — Lafayette, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lafayette, GA is 67. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -5.0% |
Listing Count | 102 | 20.0% |
| Listings as % of Homes | 0.8% | 20.0% |
Days on Market | 67 | 32.0% |
Demographics — Lafayette, GA
As of the latest ACS Survey released in 2023, Lafayette, GA has a population of 19,000, which has decreased by -7.7% over the past 5 years. Lafayette, GA is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,000 | -7.7% |
% Under 18 | 22.2% | -5.1% |
% Seniors | 19.3% | 9.7% |
% WFH | 6.1% | 79.4% |
% w/ College Degree | 12.0% | -2.4% |
As of the latest ACS Survey released in 2023, Lafayette, GA is a predominantly white area, with 89.8% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Lafayette, GA is black, making up 3.4% of the population. Foreign-born residents account for 1.7% of the population in Lafayette, GA, and this percentage has decreased by 19.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.8% | 1.4% |
% Black | 3.4% | -40.4% |
% Hispanic | 2.3% | 91.7% |
% Asian | 1.1% | -42.1% |
% Foreign Born | 1.7% | -19.0% |
Mortgage and Risk — Lafayette, GA
According to HUD data as of 2023, there were 386 mortgage originations in Lafayette, GA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Lafayette, GA. Investor activity is low, as 8.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 386 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Lafayette, GA
As of 2024, the percent of homes in Lafayette, GA under the Section 8 program is 1.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Lafayette, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 323 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 72.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $91 | $899 | $990 |
| 2 Bedroom | $0 | $1,100 | $1,100 |
| 3 Bedroom | -$310 | $1,700 | $1,390 |
| 4 Bedroom | -$50 | $1,550 | $1,500 |
Affordability — Lafayette, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $218,000 |
| Median Household Income | $49,400 |