Commercial Real Estate Market in Lafayette, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
6 active listings and 49 off-market properties in Lafayette, OR.
Market Trends
Lafayette, OR spans 0.9 square miles in Yamhill County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Lafayette, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Lafayette, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Lafayette, OR runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Lafayette, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.5%
- Industrial 13.7%
- Commercial 10.6%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
Industrial
Commercial Core
Residential Commercial
Lafayette, OR zones 578 acres across 7 districts. Commercial zoning covers 10.6% of zoned land, residential 74.5% and industrial 13.7%. The largest single district is Low Density Residential at 39.4%. For commercial buyers the practical constraint is that only 24.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Lafayette, OR has 4,432 residents in 1,432 households. Density runs 5,128 people per square mile. Median household income here is $96,419 and median gross rent $1,144 a month.
4,432
Population
1,432
Households
3.1
Avg Household Size
34
Median Age
16%
College-Educated
88%
High-School Grad
0.9 sq mi
ZIP Area
5,128
Density / Sq Mi
$96,419
Median Household Income
$39,468
Median Earnings
$1,144
Median Rent
$383,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dayton | — | — |
| Carlton | — | — |
| McMinnville | — | $27.75 |
Commercial property in Lafayette, OR asks $957/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lafayette?
Commercial property in Lafayette, OR asks an average of $957 per square foot.
What zoning applies to commercial property in Lafayette?
Lafayette, OR zones 578 acres across 7 districts, of which 10.6% is commercial and 13.7% industrial. The largest single district is Low Density Residential at 39.4% of zoned land. Residential zoning covers 74.5% and open space 0%.
Where does Realmo's Lafayette market data come from?
Realmo compiles Lafayette, OR figures from 6 recent recorded sales, 6 active sale listings, 49 tracked off-market properties, the current Lafayette zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Lafayette, OR. 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.
- Zoning and land use
- The current municipal zoning release: 578 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- 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 30 September 2026 · How Realmo checks market page data · Report a data issue
