Lafayette, LA Home Values & Market Trends
Real estate market trends reflect that there have been 2,132 transactions over the past year in Lafayette. The median value for residential home transactions that occurred over the previous year is $210,976.8. The number of current listings in Lafayette is 176, and the percentage of properties for sale in the city is 176.00%. Lafayette, LA currently has 57 properties in foreclosure, 7 bank owned properties, 23 properties headed for auction, and 176 properties for sale.
Lafayette, LA Real Estate Market Overview
Housing Market Summary for Lafayette, LA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $280K | $199.1K | -28.91% |
Median Sold Price | $204.4K | $199.1K | -2.62% |
Homes For Sale | 119 | 168 | 41.18% |
Homes Sold | 975 | 823 | -15.59% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lafayette, LA
Browse Homes in Lafayette, LA
Lafayette home values range from $19,919 to $13,393,690. The median estimated value of a home in Lafayette is $210,976.8. The median list price of a home is 269,250, and the total count of properties in the city is 53,865.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Lafayette, LA with 70501 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Lafayette, LA; of those zips, the estimated home value for pre-foreclosure homes ranges from $221,155 in 70508 to the lowest home value of $44,349 in 70501.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lafayette, LA ranges from the highest value of $230,670 in 70508 to the lowest value of $86,107 in 70507. Bank owned homes and properties account for 0.01% of properties in Lafayette, LA. There are 5 zips within Lafayette, LA; 70507 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70506 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Lafayette, LA. Auction homes and other auction properties account for 0.04% of all properties in Lafayette, LA. There are 5 zips within Lafayette, LA; of those zips, the median estimated home value for homes going to auction ranges from $527,249 in 70507 to the lowest value of $56,172 in 70507.
Compare Nearby Cities
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Guide for Lafayette, LA
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