House Prices

House Prices & Home Values La Fayette, IL 2026


Average Data

average house price$74,250
average size per house1176 ft²
average price per ft²64 $ / ft²

06/15/2026 - The value range (VR) for house prices in La Fayette, IL is $63/ sqft to $63/ sqft. An average home with 1176 sqft costs approximately $74,088 to $74,088. La Fayette, IL includes 1 ZIP codes and it is located in Stark county. The lowest prices are found in ZIP 61449, while the highest are in ZIP 61449. The average price per sqare feet is $64. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes La Fayette

6144968 $ / ft²




Historical development of home values in La Fayette

Year Estimated value (USD) Change vs. 2025
2010 $34,483 -53.6%
2011 $33,150 -55.4%
2012 $33,060 -55.5%
2013 $34,296 -53.8%
2014 $36,001 -51.5%
2015 $37,849 -49.0%
2016 $39,824 -46.4%
2017 $41,974 -43.5%
2018 $44,294 -40.3%
2019 $46,348 -37.6%
2020 $48,744 -34.4%
2021 $55,441 -25.3%
2022 $64,632 -13.0%
2023 $68,158 -8.2%
2024 $72,101 -2.9%
2025 $74,250 0.0%

Graph: estimated home values in La Fayette over time (USD)



Example: 100% financing house in La Fayette

Loan amount: $74,250

Interest rate: 6.00%

Fixed monthly payment: $445.17

Breakdown in the 1st month:
Interest portion: $371.25  –  Principal portion: $73.92

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,430.20 $911.80 $73,338.20
2 $4,373.96 $968.04 $72,370.16
3 $4,314.25 $1,027.74 $71,342.42
4 $4,250.86 $1,091.13 $70,251.29
5 $4,183.56 $1,158.43 $69,092.86
6 $4,112.12 $1,229.88 $67,862.98
7 $4,036.26 $1,305.74 $66,557.24
8 $3,955.72 $1,386.27 $65,170.97
9 $3,870.22 $1,471.77 $63,699.20
10 $3,779.45 $1,562.55 $62,136.65
11 $3,683.07 $1,658.92 $60,477.73
12 $3,580.75 $1,761.24 $58,716.48
13 $3,472.12 $1,869.87 $56,846.61
14 $3,356.79 $1,985.20 $54,861.41
15 $3,234.35 $2,107.64 $52,753.77
16 $3,104.36 $2,237.64 $50,516.13
17 $2,966.34 $2,375.65 $48,140.48
18 $2,819.82 $2,522.18 $45,618.30
19 $2,664.26 $2,677.74 $42,940.56
20 $2,499.10 $2,842.90 $40,097.66
21 $2,323.76 $3,018.24 $37,079.42
22 $2,137.60 $3,204.40 $33,875.02
23 $1,939.96 $3,402.04 $30,472.99
24 $1,730.13 $3,611.87 $26,861.12
25 $1,507.35 $3,834.64 $23,026.47
26 $1,270.84 $4,071.15 $18,955.32
27 $1,019.74 $4,322.25 $14,633.07
28 $753.15 $4,588.84 $10,044.23
29 $470.12 $4,871.87 $5,172.36
30 $169.64 $5,172.36 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in La Fayette, IL


1500 sqft3900 sqft
Ø selling price$116,161$247,105
Ø fast selling$105,601$222,394
Ø high price sale$126,721$271,815

In 2026, houses in La Fayette, IL will be offered at an average price of $64 per square foot. A 1,500 sqft home priced at $116,161 is 24.68% more expensive per square foot than a 3,900 sqft home priced at $247,105. Home prices in La Fayette, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $171,072. Sellers who can wait longer may achieve a higher price of up to $209,089.


Discover La Fayette, IL

La Fayette, IL is a quiet village in Stark County known for its rural charm and friendly, small-town atmosphere.

Situated within the greater Peoria metropolitan area, it offers a peaceful base with convenient access to regional employers, shopping, and healthcare.

Location and Community

Surrounded by rich Midwest farmland, La Fayette, Illinois appeals to residents seeking open skies, low traffic, and genuine community connections.

Local events, volunteer opportunities, and nearby city amenities in towns like Toulon and Kewanee keep life balanced and connected.

Things to Do and Lifestyle

Outdoor lovers will find scenic drives, birding spots, and prairie preserves in the region, with seasonal festivals and farmers markets highlighting Stark County?s agricultural heritage.

Families appreciate the slower pace, manageable commutes, and access to parks, libraries, and school districts serving the area.

Housing and Economy

The housing market in La Fayette, IL typically features affordable single-family homes and spacious lots that deliver strong value for first-time buyers and retirees.

Small businesses, agriculture, and trades shape the local economy, while remote workers benefit from dependable utilities and proximity to larger broadband hubs.

Visitor Tips

Weather brings four distinct seasons?warm summers, colorful autumns, snowy winters, and blooming springs?so visitors should pack accordingly and check road conditions in colder months.
Whether you are planning a day trip or searching for real estate, La Fayette, Illinois provides a friendly, authentic slice of rural Illinois with easy connections to the Peoria area.



FAQ – Home Values in La Fayette

What is the median home value in La Fayette in 2026?

In 2026, the typical home value in La Fayette is about $74,250 for an average home size of 1176 square feet. This corresponds to an average price of roughly $64 per square foot.

What is the average cost per square foot in La Fayette?

In 2026, homes in La Fayette sell for an average of around $64 per square foot, with a typical range between $63 and $63 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in La Fayette is about 1176 square feet, with an estimated 2026 value around $74,250.



Locations close to La Fayette, IL

La Harpe, IL72 $ / ft²
Laura, IL71 $ / ft²
Littleton, IL226 $ / ft²
Knoxville, IL67 $ / ft²
Kirkwood, IL50 $ / ft²
Kewanee, IL36 $ / ft²
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