House Prices

House Prices & Home Values Lafayette, MN 2026


Average Data

average house price$119,250
average size per house1848 ft²
average price per ft²65 $ / ft²

04/04/2026 - The value range (VR) for house prices in Lafayette, MN is $65/ sqft to $65/ sqft. An average home with 1848 sqft costs approximately $120,120 to $120,120. Lafayette, MN includes 1 ZIP codes and it is located in Nicollet county. The lowest prices are found in ZIP 56054, while the highest are in ZIP 56054. The average price per sqare feet is $65. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Lafayette

5605463 $ / ft²




Historical development of home values in Lafayette

Year Estimated value (USD) Change vs. 2025
2010 $55,382 -53.6%
2011 $53,240 -55.4%
2012 $53,097 -55.5%
2013 $55,082 -53.8%
2014 $57,820 -51.5%
2015 $60,788 -49.0%
2016 $63,960 -46.4%
2017 $67,412 -43.5%
2018 $71,139 -40.3%
2019 $74,438 -37.6%
2020 $78,286 -34.4%
2021 $89,042 -25.3%
2022 $103,803 -13.0%
2023 $109,465 -8.2%
2024 $115,798 -2.9%
2025 $119,250 0.0%

Graph: estimated home values in Lafayette over time (USD)



Example: 100% financing house in Lafayette

Loan amount: $119,250

Interest rate: 6.00%

Fixed monthly payment: $714.96

Breakdown in the 1st month:
Interest portion: $596.25  –  Principal portion: $118.71

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,115.16 $1,464.40 $117,785.60
2 $7,024.84 $1,554.73 $116,230.87
3 $6,928.95 $1,650.62 $114,580.25
4 $6,827.14 $1,752.42 $112,827.83
5 $6,719.06 $1,860.51 $110,967.32
6 $6,604.31 $1,975.26 $108,992.06
7 $6,482.48 $2,097.09 $106,894.97
8 $6,353.13 $2,226.44 $104,668.53
9 $6,215.81 $2,363.76 $102,304.78
10 $6,070.02 $2,509.55 $99,795.23
11 $5,915.24 $2,664.33 $97,130.90
12 $5,750.91 $2,828.66 $94,302.23
13 $5,576.44 $3,003.13 $91,299.11
14 $5,391.21 $3,188.35 $88,110.75
15 $5,194.56 $3,385.00 $84,725.75
16 $4,985.78 $3,593.78 $81,131.96
17 $4,764.13 $3,815.44 $77,316.52
18 $4,528.80 $4,050.77 $73,265.75
19 $4,278.96 $4,300.61 $68,965.14
20 $4,013.70 $4,565.86 $64,399.28
21 $3,732.09 $4,847.48 $59,551.80
22 $3,433.11 $5,146.46 $54,405.34
23 $3,115.69 $5,463.88 $48,941.46
24 $2,778.69 $5,800.88 $43,140.58
25 $2,420.90 $6,158.67 $36,981.91
26 $2,041.05 $6,538.52 $30,443.39
27 $1,637.77 $6,941.80 $23,501.59
28 $1,209.61 $7,369.96 $16,131.64
29 $755.05 $7,824.52 $8,307.12
30 $272.45 $8,307.12 $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 Lafayette, MN


1500 sqft3900 sqft
Ø selling price$117,976$250,966
Ø fast selling$107,251$225,869
Ø high price sale$128,701$276,062

In 2026, houses in Lafayette, MN will be offered at an average price of $65 per square foot. A 1,500 sqft home priced at $117,976 is 21.94% more expensive per square foot than a 3,900 sqft home priced at $250,966. Home prices in Lafayette, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $173,745. Sellers who can wait longer may achieve a higher price of up to $212,356.

FAQ – Home Values in Lafayette

What is the median home value in Lafayette in 2026?

In 2026, the typical home value in Lafayette is about $119,250 for an average home size of 1848 square feet. This corresponds to an average price of roughly $65 per square foot.

What is the average cost per square foot in Lafayette?

In 2026, homes in Lafayette sell for an average of around $65 per square foot, with a typical range between $65 and $65 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 Lafayette is about 1848 square feet, with an estimated 2026 value around $119,250.



Locations close to Lafayette, MN

Lake Crystal, MN68 $ / ft²
La Salle, MN95 $ / ft²
Le Center, MN87 $ / ft²
Kilkenny, MN99 $ / ft²
Kiester, MN45 $ / ft²
Kasota, MN109 $ / ft²
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