Lafayette County, LA Home Values & Market Trends
The median home price in Lafayette County, LA is $220,117.11. There were 2,862 home sales in Lafayette County, LA over the past 12 months. The median residential Lafayette County, LA home value for transactions over the previous year is $209,708.85. The number of current listings in Lafayette County, LA is 251, and the percentage of properties for sale is 251.00%. The county has 82 foreclosures, 11 bank owned properties, 37 headed for auction, and 251 properties for sale.
Lafayette County, LA Real Estate Market Overview
Housing Market Summary for Lafayette County, LA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $300K | $209.3K | -30.23% |
| Median Sold Price | $215.4K | $209.3K | -2.82% |
| Homes For Sale | 171 | 246 | 43.86% |
| Homes Sold | 1,488 | 1,277 | -14.18% |
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 County, LA
Browse Homes in Lafayette County, LA
Lafayette County, LA home values range from $19,425 to $13,393,690. Broussard is the priciest city with a median listing home price of $330,000, and Scott is most affordable with average house prices of around $197,750.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Lafayette County, LA with Lafayette containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Lafayette County, LA; of those cities, the estimated home value for pre-foreclosure homes ranges from $802,137 in Youngsville to the lowest home value of $44,349 in Lafayette.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lafayette County, LA ranges from the highest value of $243,500 in Broussard to the lowest value of $86,107 in Lafayette. Bank owned homes and properties account for 0.01% of properties in Lafayette County, LA. There are 7 cities within Lafayette County, LA; Lafayette containing 7 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLafayette has 23 auction properties, the highest number of properties going to auction in a single city in the state of Lafayette County, LA. Auction homes and other auction properties account for 0.04% of all properties in Lafayette County, LA. There are 7 cities within Lafayette County, LA; of those cities, the median estimated home value for homes going to auction ranges from $799,000 in Duson to the lowest value of $56,172 in Duson.
Compare Nearby Cities
More Real Estate Resources for Lafayette County, LA
Guide for Lafayette County, LA
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.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?
RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.
