All Reports Monthly Market Report Lafayette • February 2026 • All

Monthly Market Report

Monthly totals, trends, and year-over-year comparisons

 Quick Summary

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Monthly Market ReportLafayetteFebruary 2026

Supply

Inventory

Average daily inventory
February 2026
366
Expected range of 444–491
Month-over-month
+4%
Typical change is about -5%
Year-over-year
+23%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: A listing counts in inventory if its status is active, not pending or sold. Inventory fluctuates constantly, so we calculate the monthly measure as the inventory at the start of each day average across the entire month. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

New Listings

Monthly total by listing date
February 2026
213
Expected range of 150–166
Month-over-month
+26%
Typical change is about +18%
Year-over-year
+20%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: Listings may be posted to an MLS system after their listing date. Historically, 92% of listings are posted within three days and 99% within seven days. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

Sales

Closed Sales

Monthly total of closed sales
February 2026
125
Expected range of 106–117
Month-over-month
+9%
Typical change is about -32%
Year-over-year
+0%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: Sales may be posted to an MLS system after their closing date. Historically, 79% of listings are posted within three days and 96% within seven days. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

New Pending Contracts

Monthly total by pending date
February 2026
158
Expected range of 142–157
Month-over-month
+19%
Typical change is about +18%
Year-over-year
-2%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: While not all pending contracts result in a closed sale, they are a very strong predictor of sales trends five weeks in the future. Pending contracts may be posted to an MLS system after their pending date. Historically, 81% of listings are posted within three days and 92% within seven days. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

Market Momentum

Median Days on Market

Days from listing to pending
February 2026
21
Expected range of 40–45
Month-over-month
-60%
Typical change is about +16%
Year-over-year
+11%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: This is calculated as the difference between listing date and pending date. To filter out erroneous data, this filters out listings with a pending date before 2017. There is delay in entering pending dates, so recent months represent only the portion of sales with a pending date. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

Months of Inventory

Current supply versus 12-month sales average
February 2026
1.9
Expected range of 2.4–2.7
Month-over-month
+4%
Typical change is about -5%
Year-over-year
+17%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: Months of inventory is calculated as the current month's supply ÷ the average sales per month over the previous 12 months. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

Price

Median Sale Price

Median monthly sale price
February 2026
277,000
Expected range of 227,055–250,955
Month-over-month
+9%
Typical change is about -1%
Year-over-year
+5%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: This excludes properties where the sale price is less than half the listing price or greater than twice the listing price, assuming those are errors. The median price represents the middle value of all properties sold. Half of sales had a higher price and half had a lower price. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

Sale Price as Pct. of List Price

Monthly average
February 2026
95.6%
Expected range of 93.6%–95.5%
Month-over-month
+2%
Typical change is about -0%
Year-over-year
+0%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: This excludes properties where the sale price is less than half the listing price or greater than twice the listing price, assuming those are errors. Lafayette includes Benton County, Carroll County, Fountain County, Tippecanoe County, Warren County.

Demographics

Affordability