Is Lafayette, AL 36862 a buyer’s or seller’s market?
Lafayette is a seller’s market. With about 3.2 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list95.9%Sold price ÷ list price
Median days on market191Listing to accepted offer
Median price per sq ft$133▲ +10.8% vs. last year
Run the numbers for 36862
Nearby markets
Cusseta 36852Balanced $168 /sq ftFive Points 36855Buyer’s market $229 /sq ftLanett 36863Seller’s market $118 /sq ftValley 36854Balanced $167 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology