Lafayette, CO—80026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lafayette, CO
As of Oct '25, the median home price in Lafayette, CO is $664,000, with a year-over-year change of -2.8%. This indicates that home prices in Lafayette, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $664,000 | -2.8% |
| Single Family | $698,000 | -2.8% |
| Condos | $421,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $284,000 | -8.7% |
2 Bed | $466,000 | -4.3% |
3 Bed | $617,000 | -3.0% |
4 Bed | $841,000 | -2.4% |
| 5 Bed | $1,118,000 | -3.0% |
% of Housing Stock
Rental Trends — Lafayette, CO
As of July '25, Rentcast reports the average rent in Lafayette, CO is $2,720, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Lafayette, CO is 1-bedrooms: $1,650, 2-bedrooms: $2,290, 3-bedrooms: $2,770, 4-bedrooms: $3,730. The most common rental property sizes in Lafayette, CO are 2-bedroom and 1-bedroom, accounting for 34.9% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,720 | $1,650 |
| 2 Bed Rent | $2,100 | $2,290 |
| 3 Bed Rent | $2,700 | $2,770 |
| 4 Bed Rent | $3,500 | $3,730 |
% of Rental Stock
Property Listings — Lafayette, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Lafayette, CO is 46. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $698,000 | 3.0% |
Listing Count | 145 | -4.0% |
| Listings as % of Homes | 0.4% | -4.0% |
Days on Market | 46 | -5.0% |
Demographics — Lafayette, CO
As of the latest ACS Survey released in 2023, Lafayette, CO has a population of 32,500, which has increased by 10.1% over the past 5 years. Lafayette, CO is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 66.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,500 | 10.1% |
% Under 18 | 21.2% | -5.4% |
% Seniors | 16.0% | 25.0% |
% WFH | 26.4% | 120.0% |
% w/ College Degree | 66.2% | 18.4% |
As of the latest ACS Survey released in 2023, Lafayette, CO is a predominantly white area, with 74.3% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Lafayette, CO is hispanic, making up 15.3% of the population. Foreign-born residents account for 10.0% of the population in Lafayette, CO, and this percentage has increased by 13.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.3% | -5.2% |
% Black | 0.7% | 16.7% |
% Hispanic | 15.3% | 10.9% |
% Asian | 3.7% | 8.8% |
% Foreign Born | 10.0% | 13.6% |
Mortgage and Risk — Lafayette, CO
According to HUD data as of 2023, there were 588 mortgage originations in Lafayette, CO, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Lafayette, CO. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 588 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Lafayette, CO
As of 2024, the percent of homes in Lafayette, CO under the Section 8 program is 8.1%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Lafayette, CO, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 378 |
Total Units Section 8 | 378 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | 93.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,720 | $1,770 |
| 2 Bedroom | $40 | $2,100 | $2,140 |
| 3 Bedroom | $110 | $2,700 | $2,810 |
| 4 Bedroom | -$290 | $3,500 | $3,210 |
Affordability — Lafayette, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $664,000 |
| Median Household Income | $115,000 |