Lafayette, LA Home Values & Market Trends
Real estate market trends reflect that there have been 1,845 transactions over the past year in Lafayette. The median value for residential home transactions that occurred over the previous year is $248,988. The number of current listings in Lafayette is 283, and the percentage of properties for sale in the city is 283.00%. Lafayette, LA currently has 71 properties in foreclosure, 15 bank owned properties, 34 properties headed for auction, and 283 properties for sale.
Lafayette, LA Real Estate Market Overview
Housing Market Summary for Lafayette, LA
Mar 2024 | February 2025 | Change | |
---|---|---|---|
Median Listing Price | $250K | $259K | 3.60% |
Median Sold Price | $199.1K | $215.8K | 8.43% |
Homes For Sale | 168 | 253 | 50.60% |
Homes Sold | 823 | 891 | 8.26% |
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 $26,060 to $4,266,568. The median estimated value of a home in Lafayette is $248,988. The median list price of a home is 249,900, and the total count of properties in the city is 1,239.
- Pre-ForeclosurePre-foreclosure homes account for 1.78% of all residential properties in Lafayette, LA with 70507 containing 6 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 $260,130 in 70508 to the lowest home value of $44,975 in 70501.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lafayette, LA ranges from the highest value of $489,981 in 70508 to the lowest value of $45,254 in 70506. Bank owned homes and properties account for 1.21% of properties in Lafayette, LA. There are 5 zips within Lafayette, LA; 70506 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70507 has 9 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 2.74% 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 $236,363 in 70508 to the lowest value of $73,848 in 70508.
Compare Nearby Cities
More Real Estate Resources for Lafayette, LA
Guide for Lafayette, LA







