70501 Home Values & Market Trends
There are 22 homes currently listed for 70501. 70501 real estate market trends show that home prices range from $26,900 to $469,000, and the median sales price in the 70501 zip code is $96,362.89. The total number of properties sold within the past twelve months is 311. In 70501, 14 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
70501 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lafayette | $ 247,500 $ 132/sqft |
Housing Market Summary for 70501
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $176.7K | $81,656 | -53.79% |
| Median Sold Price | $98,244 | $81,656 | -16.88% |
| Homes For Sale | 14 | 30 | 114.29% |
| Homes Sold | 197 | 125 | -36.55% |
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 70501
Browse Homes in 70501
The median list price of a home in Lafayette, is $96,362.89. A total of 22 properties are for sale, and the percentage of properties for sale in the zip code is 22.00%. The total count of 70501 properties is 10,703.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in 70501 with lafayette containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 70501; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 70501 ranges from the highest value of $243,500 in lafayette to the lowest value of $86,107 in lafayette. Bank owned homes and properties account for 0.01% of properties in 70501. There is 1 cities within 70501; lafayette containing 7 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslafayette has 24 auction properties, the highest number of properties going to auction in a single city in the state of 70501. Auction homes and other auction properties account for 0.05% of all properties in 70501. There is 1 cities within 70501; 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.
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Guide for 70501
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.
This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.
Learn how a short sale can stop the foreclosure process.
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