The median home in Lafayette, Minnesota is valued at $241,449, up 9.7% year over year. Lafayette is part of the Mankato, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$241,449

+9.7%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$48,290 on $241,449

Example: $75,000 household income. Change it above to see your own.

Affordable25.5% of income

Under the 28% guideline.

PITI$1,596

P/I25.5%

Afford$265K

Room+$23K

P&I $1,221Tax $225Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Lafayette with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Mankato, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Mankato, MN metro.

View Mankato, MN metro

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Lafayette, MN