Lafayette, CA, 94549 2021 Real Estate Market Appreciation & Housing Market Trends
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The average homes sell for about 12% above list price and go pending in around 15 days. The average homes sell for about 1% above list price and go pending in around 11 days. Relative to Louisiana, our data show that Lafayette's latest annual appreciation rate is lower than 90% of the other cities and towns in Louisiana. The average homes sell for about 1% below list price and go pending in around 23 days. The average homes sell for about 3% below list price and go pending in around 49 days.
Despite skyrocketing home prices in the last few years, the inflation-adjusted cost of buying a home remains below the peak of the housing bubble. Most Expensive Home This home is 99% higher than the average home in this area. Across the nation, 1% of homebuyers searched to move into Lafayette from outside metros. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire.
What is the Zillow Home Values Index?
Median home prices in Solano County were less than half the regional average at around $300,000 in 2015. Antioch and Pittsburg in eastern Contra Costa County have similar home prices. Lower incomes can leave homeowners in these locations paying higher shares of income on housing than in more expensive, but more affluent parts of the region.
In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lafayette were at 1.84%, which equates to an annual appreciation rate of 7.55%. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. Single-family detached homes are the single most common housing type in Lafayette, accounting for 65.67% of the city's housing units. As of June 7th, 2009 there are currently 113 properties on the market in Lafayette CA.
Zip Codes in Lafayette, LA
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Lafayette is a quiet area with great shops, lots of open space and large estate. Even though it boasts quick access to the highway, in a matter of moments you find yourself among the trees and open space. Lafayette is a city in Contra Costa County, California, United States. It was named after the Marquis de La Fayette, a French military hero of the American Revolutionary War. Today Lafayette is known for its pastoral rolling hills, good schools, and wealthy inhabitants. In 2016, the median household income in Lafayette was over $140,000, more than twice the statewide average and about two and half times the national median.
Metro Comparison for Home Prices
Some of the hottest neighborhoods near Lafayette, CA are Buena Vista Area, Reliez Valley Area, Upper Happy Valley, Trails, Downtown Lafayette. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included.
The region’s home prices are approximately triple those of Miami, Philadelphia, Chicago, Dallas and Atlanta. The Bay Area is truly in a league of its own when it comes to the affordability of buying a home. The average sale price of a home in Lafayette was $618K last month, up 6.9% since last year. The average sale price per square foot in Lafayette is $300, down 1.5% since last year. Find out by comparing median home prices in Lafayette over the past three years with our interactive graph, or get a weekly glance with the table view. View Lafayette median home price data from the past 6 months, 1 year, or 3 years by using the toggle buttons in the top-right corner of the graph.
Subdivision in Lafayette, CA
Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S.
Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates. Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data.
Real estate appreciation rates in Lafayette's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 4.92% during the period. Currently, there are 146 homes listed in Lafayette which include 25 condos, 0 foreclosures. Get started by checking out the most popular home & the most saved home by Better Homes and Gardens® Real Estate homebuyers in the last 30 days. When you are ready to explore homes, read what Better Homes and Gardens® Real Estate agents have to say about Lafayette and discover homes for sale in Lafayette. Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days. When you are ready to explore homes, read what Coldwell Banker agents have to say about Lafayette and discover homes for sale in Lafayette.
ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies. Can sell for about 2% above list price and go pending in around 12 days. Can sell for about 27% above list price and go pending in around 13 days. Can sell for about 4% above list price and go pending in around 6 days. Check out Lafayette, CA HUD homes for sale, which may include auction properties, for sale by owner, and more.
Flood risk in Lafayette is increasing slower than the national average. Across the nation, 3% of homebuyers searched to move into Lafayette from outside metros. Discover and understand more about what you can expect for Lafayette, CA in terms of weather, education levels, income levels and more to get a better feel for the city.
Click on the risks below to learn which exist in Lafayette today and how they’ll change by 2050. Sacramento was the most popular destination among Lafayette homebuyers followed by Los Angeles and Seattle. 76% of Lafayette homebuyers searched to stay within the Lafayette metropolitan area. Chicago homebuyers searched to move into Lafayette more than any other metro followed by Kalamazoo and Pullman. In Sep '22 - Nov '22, 24% of Lafayette homebuyers searched to move out of Lafayette, while 76% looked to stay within the metropolitan area.
Nearby Cities
The average homes sell for about 2% below list price and go pending in around 42 days. In November 2022, Lafayette home prices were up 6.5% compared to last year, selling for a median price of $618K. On average, homes in Lafayette sell after 49 days on the market compared to 30 days last year. There were 19 homes sold in November this year, down from 47 last year. The average homes sell for about 1% below list price and go pending in around 28 days.
It has a vibrant shopping area located on the main strip known as Mt Diablo Blvd with plenty of palate pleasing restaurants. Many of the residence and nearby cities enjoy the Reservoir and you can find them walking, running, holding a family get-together, and taking family pictures from dusk to dawn. Most Expensive Home This home is priced higher than nearby homes.
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