The median home value in Lafayette, AL is $120,700. This is higher than the county median home value of $115,000. The national median home value is $308,980. The average price of homes sold in Lafayette, AL is $120,700. Approximately 57% of Lafayette homes are owned, compared to 26.5% rented, while 16% 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! Learn more about Lafayette Real Estate.