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Lafayette, VA Homes for Sale

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  • /68

    $197,555

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    5361 Lafayette Rd, Lafayette, VA 24087

    Discover serene living at 5361 Lafayette Rd, nestled in historic Lafayette, VA. This cherished bungalow offers tranquility just minutes from I-81, 17 minutes to downtown Salem, and 22 minutes to Uptown Christiansburg. Enjoy the gentle flow of the North Fork of the Roanoke River out front and a spacious, level backyard with stunning mountain views from the back yard. Inside, embrace the

    Joe Davidson MR Real Estate

    5361 Lafayette Rd, Lafayette, VA 24087
  • /39

    $289,200

    • 3 Beds
    • 2 Baths
    • 2,046 Sq Ft

    5291 Lafayette Rd, Lafayette, VA 24087

    Step into this beautifully renovated 3-bedroom, 2-bath brick bungalow where all the hard work has already been done for you. Freshly updated, this one-level home blends classic character with modern comfort. Enjoy an open, inviting layout featuring brand-new finishes throughout, plus a versatile office/den that’s perfect for work, hobbies, or quiet retreat. Set on a generous half-acre lot, the

    Wendy Brown RE/MAX 8 - Blacksburg

    5291 Lafayette Rd, Lafayette, VA 24087

Why Live in Lafayette

Lafayette, VA, offers a small-town, mountainous living experience in the easternmost part of Montgomery County, known locally as “Eastmont.” Nestled between two Blue Ridge Mountain peaks, this area is recognized for its agricultural industry and proximity to Virginia Tech. The community features traditional farmhouse-style and ranch-style homes built in the mid- to late-1900s, typically situated on half-acre lots with private green spaces and driveways. Students in Lafayette attend highly rated schools within the Roanoke County Public Schools district, including Glenvar Middle and Glenvar High, both of which receive high marks. Commuting is convenient with U.S. Route 460 running 13 miles east to Roanoke and 20 miles west to Blacksburg, while Interstate 81 provides additional connectivity. Local amenities include Eastern Montgomery Park with its playground, picnic pavilion, and riverside trail, as well as Dixie Caverns offering year-round tours of underground rock formations. For sports enthusiasts, Creed Fields Park is 4 miles south, and the Blacksburg Country Club, 12 miles west, features an 18-hole golf course, swimming pool, and tennis courts. Shopping and dining options are available along Route 460, including a Dollar General and Camino Viejo restaurant. Spartan Square shopping center in Salem, 10 miles north, offers additional retail stores. Nearby Shawsville hosts events such as the Tomato Festival in August and the Oldtown Nights Concert Series from May to October, adding to the community's vibrant local culture.

Frequently Asked Questions

What is the average home price in Lafayette, VA?
Homes for sale in Lafayette, VA have an average home price of $193,865.
Are home prices dropping in Lafayette?
Yes, home prices in Lafayette are down 25% in the last 12 months.
How many homes have sold over the last 12 months in Lafayette, VA?
5 homes have sold in Lafayette, VA over the last 12 months.
What are the most popular zip codes in Lafayette, VA?
The most popular zip codes in Lafayette, VA include 24087, 24153, 24059, 24018 and 24162.
How much do you need to make to afford a house in Lafayette?
The median home price in Lafayette is $159,900. If you put a 20% down payment of $32,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $33K a year to afford the median home price in Lafayette. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Lafayette, VA?
Lafayette, VA has highly rated public and private schools. Some of the best schools in Lafayette based on Niche Grades are Glenvar High School, Glenvar Middle School and Glenvar Elementary School. Browse all the schools in Lafayette, VA to learn more.

Home Trends in Lafayette, VA

Housing Trends

Median Sale Price
$160,000
Median Single Family Sale Price
$160,000
Average Price Per Sq Ft
$151
Number of Homes for Sale
2
Last 12 months Home Sales
5
Months of Supply
4.80
Median List Price
$159,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-32%
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