Lafayette, LA Home Values & Market Trends
Real estate market trends reflect that there have been 1,935 transactions over the past year in Lafayette. The median value for residential home transactions that occurred over the previous year is $201,062.23. The number of current listings in Lafayette is 172, and the percentage of properties for sale in the city is 172.00%. Lafayette, LA currently has 42 properties in foreclosure, 7 bank owned properties, 35 properties headed for auction, and 172 properties for sale.
Lafayette, LA Real Estate Market Overview
Housing Market Summary for Lafayette, LA
| Oct 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $275K | $212.6K | -22.70% |
| Median Sold Price | $220.1K | $212.6K | -3.42% |
| Homes For Sale | 115 | 141 | 22.61% |
| Homes Sold | 1,555 | 1,087 | -30.10% |
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
Recently Sold
$147,364
Sold Price1,550 sqft
10,890 sqft lot
100 Chicory Ln, Lafayette, LA 70506
Recently Sold
$314,406
Sold Price2,100 sqft
6,534 sqft lot
211 Bluebonnet Dr, Lafayette, LA 70508
Recently Sold
$765,042
Sold Price2,381 sqft
13,504 sqft lot
200 Medalist Ave, Lafayette, LA 70506
Browse Homes in Lafayette, LA
Lafayette home values range from $18,158 to $17,235,840. The median estimated value of a home in Lafayette is $201,062.23. The median list price of a home is 275,000, and the total count of properties in the city is 53,836.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lafayette, LA with $[pre-foreclosures-highest-count-region] containing 0 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 $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lafayette, LA ranges from the highest value of $194,537 in 70503 to the lowest value of $88,247 in 70507. Bank owned homes and properties account for 0.01% of properties in Lafayette, LA. There are 5 zips within Lafayette, LA; 70501 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70507 has 12 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 0.07% 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 $251,322 in 70503 to the lowest value of $38,983 in 70503.
Compare Nearby Cities
More Real Estate Resources for Lafayette, LA
Guide for Lafayette, LA
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.
You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?
Recently Listed Homes Lafayette, LA
Auction
$580,000
Listing Price4 beds
3.5 baths
4,276 sqft
12,632 sqft lot
212 Louie Dr, Lafayette, LA 70503