Commercial Real Estate Market in Lafayette, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 250 off-market properties in Lafayette, AL.
Market Trends
Lafayette, AL spans 226.5 square miles in Chambers County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lafayette, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Lafayette, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lafayette, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Lafayette, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Lafayette, AL has 5,806 residents in 3,130 households. Density runs 26 people per square mile. Median household income here is $39,510 and median gross rent $642 a month.
5,806
Population
3,130
Households
1.9
Avg Household Size
48
Median Age
15%
College-Educated
79%
High-School Grad
226.5 sq mi
ZIP Area
26
Density / Sq Mi
$39,510
Median Household Income
$36,778
Median Earnings
$642
Median Rent
$138,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Five Points | — | — |
| Cusseta | — | — |
| La Nett | — | — |
| Lanett | — | — |
Commercial property in Lafayette, AL asks $125/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lafayette?
Commercial property in Lafayette, AL asks an average of $125 per square foot. The 5 most recent recorded sales traded at a median of $36/SF, so asking sits 247% above the achieved median.
Where does Realmo's Lafayette market data come from?
Realmo compiles Lafayette, AL figures from 6 recent recorded sales, 14 active sale listings, 250 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Lafayette, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
