Lafayette

Why you'd want to live in Lafayette

Lafayette was originally founded as Chattooga in 1835, named after a French nobleman who fought in the Revolutionary War. The town itself is bordered by Foster Mill Rd, Boomtown Rd, and Hwy 193. It’s located about thirty miles from Chattanooga and main thoroughfares in the metro area, including I59, I24, and I75. Aside from its close proximity to Chattanooga, the city is only about two hours away from larger cities like Nashville, Atlanta, and Birmingham. Lafayette is a great community to consider for commuters to and from Chattanooga. It offers great schools, a relatively low cost of living, and a shorter commute with less traffic than Ooltewah, a comparable Tennessee suburb of Chattanooga. This town is also a perfect match for any outdoor enthusiast. National parks in the area include Chattahoochee National Forest and Chickamauga Military Park, and Lookout Mountain is nearby—hosting a variety of outdoor activities and hiking trails. If you are seeking more family-friendly venues, Lafayette offers plenty of outdoor recreation areas. A municipal park center is located on Main Street, which contains a gym, game room, four ball fields, and picnic shelters equipped with grills. The area also contains a playground and a walking track. Other facilities include Ross Abney Complex, which contains a football stadium, practice field, and a walking track. The Max Stoker center is located on Glenn Street, and the facility offers dance classes, soccer fields, and a walking track. Simmons Memorial Park is located on Mill Street beside the Marsh House, which contains an outdoor basketball court. Other recreation options include Joe Stock Memorial, which is a passive park with a gazebo and a play fountain. The park serves as a site for many seasonal events, including Christmas lights, an Easter egg hunt, a Fourth of July Freedom Fest, and Scare on the Square for the Halloween season. All picnics and meeting rooms in listed facilities are rentable.

Lafayette Market Report

$266,318

AVERAGE PRICE OF 63 HOMES

$1,525,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$311,980

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$578,960

AVERAGE PRICE OF 5 HOMES WITH A POOL

$144,666

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $266,318
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $55,000
2 bedrooms $118,766
3 bedrooms $243,106
4 bedrooms $389,696
5 bedrooms $555,975
Lafayette Home Price Trends
  7/2021 6/2021 5/2021 4/2021 3/2021
Total Listings 56 51 45 48 39
Average Price $252,412 $254,359 $263,398 $222,000 $230,501
Avg Price Change -0.77% -3.55% +18.65% -3.83% +12.69%
Median Price $181,621 $171,808 $171,355 $172,645 $181,160
Med Price Change +5.71% +0.26% -0.75% -4.93% +17.03%
Avg Bedrooms 3.2 beds 3.07 beds 3.15 beds 4.03 beds 4.03 beds
Avg Bathrooms 2.26 baths 2.12 baths 2.26 baths 4.06 baths 4.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lafayette High 63 $266,318 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 63 $266,318 51 days
Multi-Million Dollar Homes 2 $1,525,000 53 days
Newly Built Homes 5 $311,980 35 days
Homes with a Pool 5 $578,960 50 days
Reduced Price Homes 3 $144,666 33 days
Keller Williams Realty
Randy Durham
1830 Washington Street
Chattanooga, TN 37408

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Last updated August 3, 2021 Copyright © 2021

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Last updated August 3, 2021 Copyright © 2021
This site powered by CINC: www.cincpro.com