Section Image

Lafayette

Lafayette

$482,012 Average Value
$286 Average Price per Sq Ft
32 Homes For Sale

A quickly growing market with access to wine country in Lafayette

Among the rolling hills and farmlands of the Willamette Valley, the small town of Lafayette lies in the heart of Oregon’s wine country. Just five miles from McMinnville, Lafayette has grown rapidly since the development of the area’s wine industry in the mid 1990s but has maintained a small-town feel. “It’s a small town that’s in a great area near the larger community of McMinnville,” says Jolie Richards, a broker with Bella Casa Real Estate Group who used to live in the area. “You have good public schools and access to dozens of wineries."

Lower home prices with the perks of Willamette Valley living

Many ranch-style homes and bungalows surrounding Third Street, the community’s commercial corridor, date back to the mid 20th century, but most of the area’s housing stock was built in 1990 or later. Newer residential pockets feature minimal traditional architecture, Colonial Revivals and modern traditional homes. Most houses sit close together on 5,000 to 8,000 square foot lots. Attached garages and fenced-in back yards are common. “Houses here are a little more affordable than nearby towns like Newberg and Dundee,” Richards says. “More people have been moving out of Portland to these smaller communities, especially since Covid. That’s the main reason we’ve had so much newer development.” Manufactured homes range from $120,000 to $350,000, while single-family homes can go for $320,000 to $630,000. Additionally, the town has a 2 out of 10 CAP Index Crime Score, which is lower than the national average of 4.

Dual credit programs at McMinnville High School

Most homes in Lafayette are within a 1-mile walk of Wascher Elementary School, which earns a B grade from Niche. Patton Middle School also has a B rating. The B-plus-rated McMinnville High School has over 30 extracurricular offerings, from drama club and forensics to robotics and rugby. The high school also has a College Credit Now program, where students can earn both high school and college credit through courses with nearby schools like Clackamas Community College and Oregon Institute of Technology.

Wineries of Yamhill County and local restaurants and shops

There are over a dozen wineries and tasting rooms within a 15-mile radius of Lafayette. “Yamhill County is kind of like the new Napa Valley,” says Richards. Stoller Family Estate lies just east of town and has a tasting room and an outdoor patio overlooking the vineyard. Domaine Serene Winery is also nearby and is known for its highly acclaimed pinot noir and chardonnay. Third Street serves as the community’s small commercial corridor, with locally owned businesses ranging from Mexican restaurants to antique stores. For a morning dose of caffeine, Redtail Espresso offers window-service coffee, breakfast sandwiches and baked goods. Carniceria Abastos and Martha’s Tacos & More both serve classic Mexican fare. There are three vintage and consignment stores across town, including the Lafayette Schoolhouse Antique Mall, which sells furniture, glassware, vintage magazines and decor in a historic 1912 school building. For groceries, McMinnville has Walmart, Safeway and WinCo Foods. The nearby city is also home to the Willamette Valley Medical Center.

Lafayette pocket parks and access to Hagg Lake recreation

Near the center of town, Joel Perkins Park has two playgrounds, open field space and a picnic shelter. “There are a lot of small pocket parks throughout Lafayette,” says Richards. “You’re also not far from Hagg Lake over to the west and a lot of people go there for daytime recreation.” The lake is around 20 miles north and has around 14 miles of hiking trails, picnic areas and boat launches. While the water has cold temperatures year-round due to the large amounts of snow melt into its tributaries, the lake is popular among swimmers and boaters alike. Anglers can visit the lake to reel in smallmouth bass and bullhead catfish. Lafayette Locks Historical Park has a picnic shelter and walking trails along the Yamhill River, where kayakers and paddle boarders can launch for a day on the water.

Driving to nearby cities on 99W

Oregon Route 99W can take drivers around 10 miles northeast to Newberg or 35 miles to downtown Portland. Portland International Airport is roughly 52 miles away.

Jillian Pillow
Written By
Jillian Pillow

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Portland International

72 min drive

Bus

Lafayette - Wb HWY 99W & Market (City Hall)

Reviews

Are you familiar with the Lafayette neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Lafayette US
Homicide 4 4
Sexual Assault 1 4
Assault with Weapon 3 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Lafayette Demographics and Home Trends

Housing Trends

Median List Price
$495,613
Median Sale Price
$472,391
Median Single Family Sale Price
$474,480
Median Change From 1st List Price
1%
Last 12 months Home Sales
107
Median Home Sale Price YoY Change
-3%
Average Price Per Sq Ft
$286

Neighborhood Facts

Number of Homes
1,220
Number of Homes for Sale
32
Median Year Built
2005
Months of Supply
3.60
Average Single Family Home Size Sq Ft
1,744
Below the national average
1,929
Average Townhouse Size Sq Ft
1,346
Average 2 Bedroom Size Sq Ft
998
Median Lot Size Sq Ft
7,405

Open Houses

  • Wednesday, Jan 14
    10am - 5pm

    1555 Young St, Lafayette, OR 97127

    $599,960

    • 4 Beds
    • 3 Baths
    • 2,321 Sq Ft
    • 1555 Young St

    Stunning 2 story entry- Main level bedroom with walk in closet and a full bathroom perfect for private office or in-law space. Gourmet kitchen, farmhouse sink, oversized island with seating and storage, quartz counters, open great room with gas fireplace, HUGE pantry, upgraded appliances with large gas cook top. Convenient laundry room upstairs and lots of storage space. Covered Patio and Fenced

    Sarah Clarke Holt Homes Realty, LLC

    Section Image
  • Wednesday, Jan 14
    10am - 5pm

    1565 Young St, Lafayette, OR 97127

    $545,364

    • 4 Beds
    • 2.5 Baths
    • 1,857 Sq Ft
    • 1565 Young St

    Move In Ready! Large RV parking space on side of garage. 4 bedrooms, 2.5 bathrooms and a loft. Kitchen with Quartz countertops, gas stainless steel appliances. Great room concept with cozy gas fireplace. Walk out to covered patio and fully fenced back yard! Spa-like primary suite separate shower, soaking tub, dual sinks and walk-in closet. Tall Ceilings and Big Windows.

    Sarah Clarke Holt Homes Realty, LLC

    Section Image
  • Wednesday, Jan 14
    10am - 5pm

    1447 Millican Creek St, Lafayette, OR 97111

    $462,804

    • 3 Beds
    • 2.5 Baths
    • 1,622 Sq Ft
    • 1447 Millican Creek St

    12,000 SqFt Lot! HUGE backyard with privacy backing to a field! Open Layout, gas/stainless steel appliances. Large kitchen island with eating bar all on a fantastic GREENSPACE lot. Upstairs has a loft space. Primary suite on rear of home, with walk in closet, private bath with dual sinks. Convenient Upstairs Laundry Room. Fully fenced yard! Move In Ready March!

    Sarah Clarke Holt Homes Realty, LLC

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,938
Median Age
37
Population under 18
28.4%
On par with the national average
23.8%
Population over 65
14.2%
On par with the national average
19.1%

Finances

Median Household Income
$81,601
On par with the national average
$79,601
Average Household Income
$90,006

Education and Workforce

High School Graduates
94%
College Graduates
18.2%
Below the national average
34.1%
Advanced Degrees
5.2%
Below the national average
13.3%
% Population in Labor Force
68.5%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
35°F
Average Summer High Temperature
83°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®

45 / 100

Somewhat Walkable

Walk Score®

57 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lafayette