Hickory Ridges' six listed homes were all asking above the neighborhood's $390,000 two-year median. Five were also larger than its typical sold home, a distinction worth examining before comparing the two sets of prices.
Hickory Ridges' recorded sales
Between October 2024 and October 2026, 27 homes in Hickory Ridges closed at a median of $390,000. Prices ran from $310,000 to $627,500.
The typical house was 2,189 square feet, and the houses were built between 2006 and 2023. None of the 27 was new construction in the map's count, so the record is a resale record.
The neighborhood, as the map prints it
- Closed sales: 27
- Median sale: $390,000
- Range: $310,000 to $627,500
- Typical size: 2,189 square feet
- Built: 2006 to 2023
- New construction: none in the window
- Homes for sale when the map was last read: 6
Where the six listings sat
Asking prices were $425,000, $425,000, $450,000, $469,900, $510,000 and $515,000, at sizes from 1,959 to 3,559 square feet. Every one of them was above the neighborhood's two year median sale of $390,000, and five of the six were above its typical size of 2,189 square feet. A snapshot from the date in the source line below, not a live count.
It does not mean the neighborhood is now worth $425,000 and up. It means that in that week, the houses their owners had chosen to sell were mostly the larger ones. The smaller houses in Hickory Ridges, the ones nearer the $310,000 end of the sold record, were not on the market at all.
For an owner of one of those, that is an absence of competition, and it is the kind of thing that shows up in a snapshot and is gone two months later.
What a seventeen year build range does to the median
The spread from $310,000 to $627,500 is wide for 27 sales, and the build range explains most of it. A 2006 house and a 2023 house in the same neighborhood are not competing on the same terms, and the sizes run from well under the typical 2,189 square feet to well over 3,500. The $390,000 median is the middle of a mixed record rather than the price of a representative house.
With a broad build-year range, the median sets the band, and the comparable set that prices a specific house is the subset of those 27 that match it on size and era. With 27 sales there is usually a workable subset. That is more than most neighborhoods on this map can offer.
What the top of the range is
The $627,500 sale is one of 27 transactions. The listing snapshot includes homes up to 3,559 square feet, but it does not establish which features account for a completed sale in the $600,000s. Owners of 2,100 or 3,500 square foot homes need the relevant transaction details before deciding whether that sale is comparable.
The six listings show asking prices at the snapshot date. Their eventual sale prices, and the details of the properties, are needed before they can establish what buyers paid. Recheck competition for a smaller home rather than assume the snapshot gives it an advantage.
What your house is worth, which of the 27 sales an appraiser would accept, and what the six listings will close at are not answered by a neighborhood on a map. Valuation of a specific property is its own piece of work and a lender's appraisal belongs to the appraiser.
The Lafayette neighborhood map carries every neighborhood and column behind this note, how to read that map explains the other columns, and the Lafayette page sets out the town.
Source: 1,359 closed sales from the Indiana Regional MLS (via Redfin), Oct 2024 through Oct 2026, single-family, condo and townhome, as carried on the Lafayette neighborhood map, read October 13, 2026 from map data as of October 12, 2026. Neighborhoods need at least five sales to be ranked. The homes for sale and their asking prices are the map's own snapshot. No individual sale addresses are used.
This note is general. It is not an appraisal. What a specific house would bring depends on that house.