70503 Home Values & Market Trends

There are 45 homes currently listed for 70503. 70503 real estate market trends show that home prices range from $90,000 to $1,245,000, and the median sales price in the 70503 zip code is $263,373.66. The total number of properties sold within the past twelve months is 361. In 70503, 10 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.

70503 Real Estate Market Overview

CityMedian Est. Value
Lafayette

$ 245,849

$ 130/sqft

Housing Market Summary for 70503

Apr 2023March 2024Change
Median Listing Price$375K$228.2K-39.15%
Median Sold Price$269.9K$228.2K-15.46%
Homes For Sale293831.03%
Homes Sold205179-12.68%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 70503

The median list price of a home in Lafayette, is $263,373.66. A total of 45 properties are for sale, and the percentage of properties for sale in the zip code is 45.00%. The total count of 70503 properties is 9,881.

Foreclosure
There is 1 cities within 70503; within this cities, the median estimated home value for homes in foreclosure ranges from $802,137 in lafayette to the lowest value of $44,349 in lafayette. Foreclosure homes account for 0.00% of properties in 70503 with lafayette containing 58 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in 70503 with lafayette containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 70503; of that cities, the estimated home value for pre-foreclosure homes ranges from $802,137 in lafayette to the lowest home value of $44,349 in lafayette.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 70503 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 70503. There is 1 cities within 70503; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lafayette has 23 auction properties, the highest number of properties going to auction in a single city in the state of 70503. Auction homes and other auction properties account for 0.04% of all properties in 70503. There is 1 cities within 70503; of that cities, the median estimated home value for homes going to auction ranges from $799,000 in lafayette to the lowest value of $56,172 in lafayette.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.46% of residential properties in 70503 with lafayette containing 171 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 70503; homes for sale in that cities, have a range of median values from $1,800,000 in lafayette to the lowest value of $29,900 in lafayette.
    Sold Homes
    The median value for recently sold homes ranges from $4,834,714 in lafayette to the lowest price of $25,954 in lafayette. There is 1 cities within 70503. lafayette has 896 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.77% of properties in 70503.

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      Guide for 70503

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports|posted 18 March 2024

      The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.

      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.