Is La Fayette, IL 61449 a buyer’s or seller’s market?
La Fayette is a seller’s market. With about 3.2 months of supply and 50% 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 list50%Share of sales, last 3 months
Median sale-to-list104.6%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$84▲ +516.3% vs. last year
Run the numbers for 61449
Nearby markets
Bradford 61421Buyer’s market $208 /sq ftToulon 61483Buyer’s market $110 /sq ftWyoming 61491Seller’s market $75 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology