Lafayette Oaks Housing Report March 2015

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If you want a lot of home for the money in a gated community on the east side of Tallahassee, then Lafayette Oaks will likely be your destination.

Lafayette Oaks has homes built from the 1970s through the 1980s, but new homes have been built or renovated since that time. 

2014 finished as one of the strongest years for home sales in Lafayette Oaks, and that’s including more than 24 years worth of real estate reports.

In this post, we examine home prices, home values, and home sizes in Lafayette Oaks, and show current listings in the Tallahassee MLS and all closed home sales going back to 1991.

Lafayette Oaks is a residential neighborhood of approximately 350 homes located in Tallahassee Florida. The neighborhood was founded in 1971. It is located on the historic Lafayette Land Grant — the large grant of land deeded to the Marquis de Lafayette by the United States Congress in appreciation for his assistance during the Revolutionary War. Our neighbors enjoy rolling hills, stately oak trees, and a country atmosphere on the outskirts of Tallahassee. We have a neighborhood park, pool, community center, and tennis court. Our neighbors gather frequently for potluck socials, neighborhood yard sales, and enriching classes. – Lafayette Oaks Homeowners Association Website

Lafayette Oaks Home Prices

For each of the real estate graphs found in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis. It is important to note that while the graphs and table will update on a regular basis, the analysis of the information that we provide is current as of this writing in late-March 2015.

Average home prices fell 9% in 2014 versus 2013, but have moved 17% higher than the market low established in 2011. The average recorded sales price was $265,700 for Lafayette Oaks in 2014.

Average Home Price

Home sales activity last year was hot, soaring above the levels recorded during the most active years from 2002 through 2006. In 2014, there were 22 closed home sales in Lafayette Oaks, but none thus far in 2015.

Lafayette Oaks Home Values

Average home values in Lafayette Oaks shot up a whopping 18% last year, bringing back much of the equity lost during the real estate market bubble collapse.

Average Home Value

In 2014, the average value of a home sold in Lafayette Oaks was $109 per square foot. This is up 27% over the bottom reached in 2012, and only down about 16% from the market high set back in 2006. The explosion of demand for Lafayette Oaks in 2014 clearly indicates that homes here have been undervalued.

Where is the Tallahassee market headed?

New articles as they publish, plus the Monday market report. Free, by email.

Lafayette Oaks Home Sizes

The average home size sold in Lafayette Oaks typically falls in a range of 2,200 to 2,800 square feet, and the buyers last year were selecting homes right in the middle of this range.

Average Home Size

The 22 home sales in 2014 averaged 2,444 square feet.

Homes For Sale In Lafayette Oaks

The following list of homes are the most recent listings in Lafayette Oaks.

Lafayette Oaks

Lafayette Oaks

1 Property
2056 Champagne Drive
Tallahassee, FL, 32308
Beds4Baths3MLS#402025

Lafayette Oaks Home Sales

The following list shows home sales going back to 1991 in Lafayette Oaks.

Home Sales in Lafayette Oaks

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
5150 Ile De France Dr$340,000$1452026-08-1919732,341Resale
2505 Napoleon Bonaparte Dr$415,000$2072026-08-0719852,004Resale
2400 Napoleon Bonaparte Dr$540,000$1572026-08-0719843,440Resale
2303 Napoleon Bonaparte Dr$395,000$1672026-05-0119852,365Resale
5325 Touraine Dr$525,000$1882026-04-1319782,790Resale
2211 Bourgogne Dr$481,000$2322026-03-2519792,069Resale
2134 La Rochelle Dr$485,000$1922025-10-1719862,525Resale
2308 Napoleon Bonaparte Dr$650,000$2512025-09-2620222,592Resale
2712 Debussy Ct$555,000$2472025-09-1620182,244Resale
2304 Orleans Dr$519,000$2212025-07-1619802,351Resale
5700 Verlaine Ct$521,500$1822025-07-1119822,873Resale
2316 Monaco Dr$510,000$1752025-06-2519862,911Resale
5107 Touraine Dr$425,000$1802025-04-2319752,360Resale
2325 Bourgogne Dr$439,000$1862025-04-1619772,354Resale
5505 Touraine Dr$460,000$1892025-04-1119742,430Resale
2359 Tour Eiffel Dr$525,000$2402025-03-2019772,190Resale
5141 Ile De France Dr$560,000$1932025-03-1420052,895Resale
2304 Tour Eiffel Dr$450,000$2052025-02-2419792,200Resale
2504 Napoleon Bonaparte Dr$549,000$1892024-12-2319822,900Resale
2316 Monaco Dr$440,000$1512024-11-2619862,911Resale
2135 Orleans Dr$635,700$2022024-11-1519803,153Resale
2709 Victor Hugo Dr$485,000$1352024-10-0919743,587Resale
2002 Versailles Ct$369,000$1622024-07-2819732,278Resale
5411 Touraine Dr$460,000$1852024-07-0919782,492Resale
2325 Tour Eiffel Drive$435,000$2052024-07-0319782,118Resale
2140 Orleans Dr$500,000$1882024-06-2719782,662Resale
2123 Orleans Dr$659,000$1522024-06-1419884,324Resale
2212 Napoleon Bonaparte Dr$429,000$1902024-06-1419782,256Resale
2130 La Rochelle Dr$670,000$1752024-06-0619933,828Resale
2336 Bourgogne Dr$495,000$1892024-05-1019772,624Resale
5117 Touraine Dr$421,600$1872024-04-1919792,250Resale
2604 Napoleon Bonaparte Dr$543,000$1892024-04-1219812,879Resale
2207 Monaco Dr$452,000$1912024-03-1319892,361Resale
2441 Monaco Dr$466,500$2062024-03-1119782,270Resale
2604 Napoleon Bonaparte Dr$450,000$1562024-02-2919812,879Resale
2225 Napoleon Bonaparte Dr$530,000$2162023-11-3019812,451Resale
2401 Monaco Dr$479,900$1822023-09-2019772,638Resale
2143 Orleans Dr$520,000$1942023-08-3119792,683Resale
5428 Touraine Dr$440,000$1822023-05-1819862,422Resale
5132 Ile De France Dr$430,000$1722023-05-1619742,501Resale
5305 Touraine Dr$649,900$2612023-04-2720122,488Resale
2331 Tour Eiffel Dr$464,000$1722023-03-0819782,695Resale
2504 Napoleon Bonaparte Dr$549,000$1892023-01-3019822,900Resale
2208 Orleans Dr$310,000$1612023-01-1319781,923Resale
2055 Champagne Dr$480,000$2142023-01-0619742,242Resale
2324 Bourgogne Dr$445,000$1992022-12-1519832,239Resale
5504 Touraine Dr$397,000$1522022-12-0219722,608Resale
2303 Bourgogne Dr$435,000$1252022-11-1819823,470Resale
2308 Napoleon Bonaparte Dr$651,000$2512022-08-0220222,592New
5103 Touraine Dr$430,000$1852022-08-0119752,324Resale
5309 Touraine Dr$500,000$2272022-07-0119822,204Resale
5128 Ile De France Dr$466,600$1692022-06-1719752,754Resale
2304 Orleans Dr$475,000$2022022-06-1519802,351Resale
2123 Orleans Dr$362,000$842022-06-1419884,324Resale
2055 Champagne Dr$495,000$2212022-06-0619742,242Resale
5700 Verlaine Ct$495,000$1722022-05-2519822,873Resale
2312 Orleans Dr$482,500$2152022-05-2419812,242Resale
2708 Victor Hugo Dr$525,000$1632022-04-2019753,222Resale
2100 Orleans Drive$479,000$1822022-03-1719792,639Resale
2220 Monaco Dr$575,000$2262022-01-1420222,539New
2332 Bourgogne Dr$481,000$1852021-12-2919832,593Resale
2105 Napoleon Bonaparte Dr$530,700$1792021-12-1519802,970Resale
2207 Monaco Dr$376,500$1592021-12-0219892,361Resale
2113 La Rochelle Dr$408,000$1672021-11-3019802,450Resale
5161 Ile De France Dr$460,000$1632021-10-1819792,825Resale
2225 Napoleon Bonaparte Dr$345,000$1412021-08-1019812,451Resale
2213 Bourgogne Dr$485,000$2072021-07-3020022,338Resale
2320 Monaco Dr$337,500$1292021-07-2819802,610Resale
2304 Tour Eiffel Dr$369,000$1682021-06-3019792,200Resale
2224 Napoleon Bonaparte Dr$440,000$1732021-06-1019792,540Resale
2323 Napoleon Bonaparte Dr$389,500$1602021-05-2019772,436Resale
2301 Napoleon Bonaparte Dr$407,000$1542021-05-1219862,645Resale
2608 Napoleon Bonaparte Dr$481,000$1982021-05-0719862,435Resale
2113 Orleans Dr$465,000$1562021-04-2019932,984Resale
5505 Touraine Dr$385,000$1582021-04-0219742,430Resale
5112 Ile De France Dr$390,000$1482021-03-2919722,634Resale
2332 Bourgogne Dr$399,900$1542021-01-2819832,593Resale
5416 Touraine Dr$356,000$1372020-12-2819882,608Resale
5108 Ile De France Dr$385,500$1442020-11-1319742,678Resale
5407 Touraine Dr$385,000$1182020-10-2319783,274Resale
2604 Napoleon Bonaparte Dr$396,500$1382020-09-3019812,879Resale
5505 Touraine Dr$232,000$952020-09-2819742,430Resale
2328 Napoleon Bonaparte Dr$349,900$1282020-09-1119802,738Resale
2417 Monaco Dr$360,000$1692020-08-3119812,126Resale
2316 Napoleon Bonaparte Dr$325,000$1292020-07-2019812,527Resale
2316 Tour Eiffel Dr$355,000$1352020-07-1519842,634Resale
5111 Ile De France Drive$354,360$1322020-07-1419732,688Resale
2412 Napoleon Bonaparte Dr$425,000$1522020-05-2919762,804Resale
2103 Orleans Dr$330,000$1392020-05-2819762,380Resale
2217 Monaco Dr$320,000$1472020-04-2419792,179Resale
2205 Napoleon Bonaparte Dr$360,000$1122020-04-1719823,214Resale
2300 Napoleon Bonaparte Dr$375,000$1392020-03-3019922,690Resale
5145 Ile De France Dr$384,900$952020-01-3119724,070Resale
2353 Tour Eiffel Dr$447,000$1522019-12-1319802,943Resale
2312 Tour Eiffel Dr$300,000$1032019-11-1919872,924Resale
2336 Tour Eiffel Dr$235,000$1082019-09-2619782,181Resale
5004 Touraine Dr$325,000$1252019-07-3119742,590Resale
2113 La Rochelle Dr$327,000$1332019-07-1219802,450Resale
2309 Orleans Dr$270,000$1112019-06-2819782,429Resale
2315 Monaco Dr$423,000$1542019-06-2119852,753Resale

I hope you enjoyed our March 2015 update on home sales in Lafayette Oaks, please feel free to drop me a note if you have questions not covered in this report.

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