Lafayette, OR—97127
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lafayette, OR
As of Oct '25, the median home price in Lafayette, OR is $458,000, with a year-over-year change of 0.5%. This indicates that home prices in Lafayette, OR are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $458,000 | 0.5% |
| Single Family | $458,000 | 0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $447,000 | 0.4% |
4 Bed | $491,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lafayette, OR
As of July '25, Rentcast reports the average rent in Lafayette, OR is $2,300, with a year-over-year rent change of -8.4%. Per bedroom, the median rent as of July '25 in Lafayette, OR is 2-bedrooms: $2,200, 3-bedrooms: $2,450, 4-bedrooms: $2,250. The most common rental property sizes in Lafayette, OR are 2-bedroom and 3-bedroom, accounting for 59.0% and 41.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,200 | $2,200 |
| 3 Bed Rent | $2,450 | $2,450 |
| 4 Bed Rent | $2,250 | $2,250 |
% of Rental Stock
Property Listings — Lafayette, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Lafayette, OR is 63. This is a decrease of -42.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $471,000 | -7.0% |
Listing Count | 41 | 6.0% |
| Listings as % of Homes | 1.5% | 6.0% |
Days on Market | 63 | -42.0% |
Demographics — Lafayette, OR
As of the latest ACS Survey released in 2023, Lafayette, OR has a population of 4,430, which has increased by 7.9% over the past 5 years. Lafayette, OR is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,430 | 7.9% |
% Under 18 | 25.2% | -4.5% |
% Seniors | 11.3% | 39.5% |
% WFH | 7.0% | 118.8% |
% w/ College Degree | 16.1% | 15.8% |
As of the latest ACS Survey released in 2023, Lafayette, OR is a predominantly white area, with 68.0% of the population identifying as white. The white population has grown by 10.0% in the last 5 years. The second most common race or ethnicity in Lafayette, OR is hispanic, making up 26.2% of the population. Foreign-born residents account for 9.5% of the population in Lafayette, OR, and this percentage has decreased by 45.1% 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 | 68.0% | 10.0% |
% Black | 0.0% | N/A |
% Hispanic | 26.2% | -18.9% |
% Asian | 0.4% | -60.0% |
% Foreign Born | 9.5% | -45.1% |
Mortgage and Risk — Lafayette, OR
According to HUD data as of 2023, there were 157 mortgage originations in Lafayette, OR, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Lafayette, OR. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 157 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Lafayette, OR
Lafayette, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 22.4% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,600 |
| 2 Bedroom | -$370 | $2,200 | $1,830 |
| 3 Bedroom | $80 | $2,450 | $2,530 |
| 4 Bedroom | $680 | $2,250 | $2,930 |
Affordability — Lafayette, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $458,000 |
| Median Household Income | $96,400 |