Lafayette MN Multi Family for Sale

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Lafayette Real Estate

The median home value in Lafayette, MN is $214,000. This is lower than the county median home value of $264,300. The national median home value is $338,100. The average price of homes sold in Lafayette, MN is $214,000. Approximately 75.11% of Lafayette homes are owned, compared to 12.02% rented, while 12.88% are vacant. Lafayette real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lafayette real estate agent to arrange a tour today!

Lafayette, Minnesota 56054 has a population of 586. Lafayette 56054 is more family-centric than the surrounding county with 39.18% of the households containing married families with children. The county average for households married with children is 30.55%.

The median household income in Lafayette, Minnesota 56054 is $78,646. The median household income for the surrounding county is $74,317 compared to the national median of $69,021. The median age of people living in Lafayette 56054 is 35.4 years.

Lafayette Weather

The average high temperature in July is 82.6 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 31.1 inches per year, with 41.6 inches of snow per year.

Lafayette Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    1
    30-day change

Lafayette Schools and Demographics

Education near Lafayette, MN

Metric City County
High School Graduates 96.71 94.97
College Degree - 2 year 9.37 14.65
College Degree - 4 year 22.03 35.21
Graduate Degree 1.01 7.46
Expenditures per Student 15,100 15,100
Students per Teacher 21 21

Elementary Schools near Lafayette, MN

School Grades Students P/T Ratio ZIP
G.F.W. El. PK - 04 276 13.4 55335
Jefferson Elementary School PK - 03 669 13.7 56073
Lafayette Public Charter School KG - 08 75 10.7 56054
Sibley East-Gaylord Elementary School PK - 06 378 13.7 55334
Starland Elementary School KG - 08 14 13.5 55335

Middle Schools near Lafayette, MN

School Grades Students P/T Ratio ZIP
Sibley East-Gaylord Junior High School 07 - 09 308 16.8 55334
Washington Elementary School 04 - 06 419 15.7 56073

High Schools near Lafayette, MN

School Grades Students P/T Ratio ZIP
G.F.W. High School 09 - 12 267 13.3 55396
New ULM High School 07 - 12 914 17.3 56073

Ungraded Schools near Lafayette, MN

School Grades Students P/T Ratio ZIP
* River Bend Area Learning Center 07 - 12 48 5.2 56073
Imprints Program 02 - 12 42 6.2 56073
River Bend Early Childhood Prog. PK - PK 37 8.8 56073

Demographics near Lafayette, MN 56054

Metric Zip Code City
Neighborhood Type Small town
Population 586 34,295
Population Density 466 76
Median Age 35.4 36.5
People per Household 2.9 2.5
Median Household Income 78,646 74,317
Average Income per Capita 29,211 39,188