Lafayette-area homes for sale drop to $299,950 median price

A normal Tippecanoe County residence mentioned for $299,950 in June, down 4.6% from the former month’s $314,500, an analysis of info from Real estate agent.com displays.

The median list house price in June was up about 12.6% from June 2021. Tippecanoe County’s median residence was 1,936 square feet for a outlined price of $151 per sq. foot.

The Tippecanoe County marketplace was busy, with a median 23 times on market place. A thirty day period previously, residences experienced a median 17 times on sector. The market additional 196 new house listings in June, compared with the 172 additional in June 2021. The industry finished the thirty day period with some 150 listings of households for sale.

The median property prices issued by Realtor.com might exclude substantially, or even most, of a market’s houses. The price and quantity symbolize only residences that are one-relatives households, condominums or townhomes. They contain existing residences, but exclude most new development as effectively as pending and contingent income.