Lafayette County, Florida home prices
Typical home $262,301 · +4.9% in a year · property tax 0.55%
The typical home in Lafayette County is worth $262,301, 30% less than the Florida typical home ($375,361). Values changed +4.9% in the past year and +31.2% over five years. Homeowners here pay a median 0.55% of their home's value in property tax each year ($1,440 on the typical home), versus 0.8% statewide.
Mortgage on the typical Lafayette County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $52,460 | $209,841 | $1,412 | $0 | $251 | $1,663 | $71,300 |
| 10% down | $26,230 | $236,071 | $1,588 | $98 | $251 | $1,938 | $83,000 |
| 5% down | $13,115 | $249,186 | $1,676 | $104 | $251 | $2,031 | $87,100 |
| 3.5% down (FHA) | $9,181 | $257,550 | $1,733 | $116 | $251 | $2,100 | $90,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.55% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Florida.
Florida counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Suwannee County | $266,652 | +2.5% | 0.71% |
| Glades County | $257,042 | -2.8% | 0.85% |
| Columbia County | $267,659 | -0.0% | 0.74% |
| Marion County | $267,911 | -2.2% | 0.74% |
| Union County | $256,560 | +0.5% | 0.58% |
| Citrus County | $268,688 | -0.8% | 0.58% |
| Hendry County | $270,219 | -4.1% | 0.8% |
| Bradford County | $252,646 | +4.0% | 0.55% |
| De Soto County | $250,420 | +0.4% | 0.83% |
| Escambia County | $280,027 | +1.4% | 0.58% |
Frequently asked questions
What is the average home price in Lafayette County, FL?
The typical home value in Lafayette County is $262,301 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lafayette County?
About $71,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lafayette County?
The median effective rate is 0.55% of home value a year (Census ACS 2024 5-year estimates).