Lafayette County, FL Home Values & Market Trends

The median home price in Lafayette County, FL is $162,671.78. There were 80 home sales in Lafayette County, FL over the past 12 months. The median residential Lafayette County, FL home value for transactions over the previous year is $90,000. The number of current listings in Lafayette County, FL is 4, and the percentage of properties for sale is 4.00%. The county has 13 foreclosures, 0 bank owned properties, 2 headed for auction, and 4 properties for sale.

Lafayette County, FL Real Estate Market Overview

CityMedian Est. Value
Mayo

$ 238,467

$ 136/sqft

Housing Market Summary for Lafayette County, FL

Apr 2023March 2024Change
Median Listing Price$297K$206.7K-30.42%
Median Sold Price$257.8K$206.7K-19.84%
Homes For Sale7814.29%
Homes Sold6761-8.96%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lafayette County, FL

Lafayette County, FL home values range from $14,422 to $1,330,908. Mayo is the priciest city with a median listing home price of $403,000, and Mayo is most affordable with average house prices of around $403,000.

Foreclosure
There is 1 cities within Lafayette County, FL; within this cities, the median estimated home value for homes in foreclosure ranges from $252,609 in Mayo to the lowest value of $59,819 in Mayo. Foreclosure homes account for 0.00% of properties in Lafayette County, FL with Mayo containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.39% of all residential properties in Lafayette County, FL with Mayo containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within Lafayette County, FL; of that cities, the estimated home value for pre-foreclosure homes ranges from $252,609 in Mayo to the lowest home value of $59,819 in Mayo.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lafayette County, FL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lafayette County, FL. There is 1 cities within Lafayette County, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Mayo has 1 auction properties, the highest number of properties going to auction in a single city in the state of Lafayette County, FL. Auction homes and other auction properties account for 0.07% of all properties in Lafayette County, FL. There is 1 cities within Lafayette County, FL; of that cities, the median estimated home value for homes going to auction ranges from $73,197 in Mayo to the lowest value of $73,197 in Mayo.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Lafayette County, FL with Mayo containing 2 homes for sale, the highest number of listed properties in a single city. There is 1 cities within Lafayette County, FL; homes for sale in that cities, have a range of median values from $238,467 in Mayo to the lowest value of $238,467 in Mayo.
    Sold Homes
    The median value for recently sold homes ranges from $684,883 in Mayo to the lowest price of $31,494 in Mayo. There is 1 cities within Lafayette County, FL. Mayo has 42 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.02% of properties in Lafayette County, FL.

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      Guide for Lafayette County, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Jacksonville, FL: Real Estate Market Trends 2023
      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Recently Listed Homes Lafayette County, FL

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