Lafayette, LA
Housing market overview · Updated weekly
$256,640median sale price
Homes sold
107
Last 12 weeks
Days on market
78
Average pace
Active listings
564
5.3 months supply
Sale-to-list
97.1%
Below asking
The Lafayette housing market is currently classified as a buyer's market with a median sale price of $256,640. Prices have risen 6.9% compared to last year, with homes spending an average of 78 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Lafayette?
The median home sale price in Lafayette is $256,640, up 6.9% from last year.
How long do homes stay on market in Lafayette?
Homes typically spend 78 days on market before going under contract.
Is Lafayette a buyer's or seller's market?
With 5.3 months of supply, Lafayette is currently a buyer's market.
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