West Lafayette, OH—43845
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Lafayette, OH
As of Oct '25, the median home price in West Lafayette, OH is $165,000, with a year-over-year change of 5.6%. This indicates that home prices in West Lafayette, OH are increasing. 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 | $165,000 | 5.6% |
| Single Family | $165,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | 7.8% |
3 Bed | $186,000 | 6.9% |
4 Bed | $220,000 | 5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Lafayette, OH
West Lafayette, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Lafayette, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in West Lafayette, OH is 66. This is a increase of 25.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | 17.0% |
Listing Count | 12 | 14.0% |
| Listings as % of Homes | 0.2% | 14.0% |
Days on Market | 66 | 25.0% |
Demographics — West Lafayette, OH
As of the latest ACS Survey released in 2023, West Lafayette, OH has a population of 4,780, which has increased by 3.8% over the past 5 years. West Lafayette, OH is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,780 | 3.8% |
% Under 18 | 23.4% | 4.9% |
% Seniors | 20.0% | 6.4% |
% WFH | 3.2% | 357.1% |
% w/ College Degree | 15.1% | 58.9% |
As of the latest ACS Survey released in 2023, West Lafayette, OH is a predominantly white area, with 96.5% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in West Lafayette, OH is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.0% of the population in West Lafayette, OH, and this percentage has decreased by 100.0% 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 | 96.5% | -0.8% |
% Black | 0.7% | ∞% |
% Hispanic | 0.8% | -27.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — West Lafayette, OH
According to HUD data as of 2023, there were 89 mortgage originations in West Lafayette, OH, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in West Lafayette, OH. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 89 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — West Lafayette, OH
West Lafayette, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 83 |
Total Units Section 8 | 82 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — West Lafayette, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $165,000 |
| Median Household Income | $53,900 |