Lafayette, LA Housing Market & Real Estate

Buyer's market+6.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lafayette, LA is $256,640, up 6.9% year-over-year. Homes sell in an average of 78 days with 564 active listings. The market is currently a buyer's market.

$256,640median sale price

Is Lafayette a buyer's or seller's market?

Buyer's market5.3 months of supply78 avg. days on market

Lafayette, LA is currently a buyer's market, based on 5.3 months of supply and homes selling in about 78 days. How we determine this →

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

Lafayette, LA market data

Current housing market statistics for Lafayette, LA
MetricValue
Median sale price$256,640
Median list price$247,750
Year-over-year price change+6.9%
Average days on market78 days
Active inventory564 listings
Months of supply5.3 months
Sale-to-list price ratio97.1%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Lafayette

There are currently 564 homes listed for sale in Lafayette, Louisiana. The median listing price is $248K. Featured listings range from $139,900 to $620,000.

3 bedroom house for sale at 116 Swedish Dr Lafayette 70507 - $139,900
New listing
17
$139,900

116 Swedish Dr

Lafayette, LA 70507

3 bd2 ba1,161 sqft
House6,534 sqft lot
Est. $105K

Blake Gilbert · Real Broker, LLC

More about this property
3 bedroom house for sale at 202 Federal St Lafayette 70506 - $195,000
New listing
21
$195,000

202 Federal St

Lafayette, LA 70506

3 bd2 ba1,441 sqft
House9,148 sqft lot
Est. $196K

William Raines · HUNCO Real Estate

More about this property
3 bedroom house for sale at 109 Lake Oak Dr Lafayette 70507 - $234,500
New listingNew build
30
$234,500

109 Lake Oak Dr

Lafayette, LA 70507

3 bd2 ba1,447 sqft
House
Est. $229K
More about this property
4 bedroom house for sale at 212 Southern Oak Dr Lafayette 70507 - $249,500
New listingNew build
32
$249,500

212 Southern Oak Dr

Lafayette, LA 70507

4 bd2 ba1,786 sqft
House
Est. $244K
More about this property
3 bedroom house for sale at 108 Brattle Ct Lafayette 70506 - $250,992
New listingNew build
10
$250,992

108 Brattle Ct

Lafayette, LA 70506

3 bd2 ba1,613 sqft
House
More about this property
4 bedroom house for sale at 106 Lake Oak Dr Lafayette 70507 - $257,500
New listingNew build
32
$257,500

106 Lake Oak Dr

Lafayette, LA 70507

4 bd2 ba1,786 sqft
House
Est. $251K
More about this property
4 bedroom house for sale at 110 Yonkers Dr Lafayette 70507 - $266,000
New listingNew build
32
$266,000

110 Yonkers Dr

Lafayette, LA 70507

4 bd2 ba1,837 sqft
House
Est. $263K
More about this property
3 bedroom house for sale at 133 Ambiance Cir Lafayette 70508 - $275,000
New listing
20
$275,000

133 Ambiance Cir

Lafayette, LA 70508

3 bd3 ba1,756 sqft
House3,049 sqft lot
Est. $303K

Lorelei Adams · Keller Williams Realty Acadiana

More about this property
4 bedroom house for sale at 112 Yonkers Dr Lafayette 70507 - $278,000
New listingNew build
32
$278,000

112 Yonkers Dr

Lafayette, LA 70507

4 bd2 ba2,072 sqft
House
Est. $274K
More about this property
5 bedroom house for sale at 337 White Pine Dr Lafayette 70501 - $316,500
New listingNew build
34
$316,500

337 White Pine Dr

Lafayette, LA 70501

5 bd3 ba2,772 sqft
House
More about this property
5 bedroom house for sale at 302 Bellewood Dr Lafayette 70507 - $344,500
New listingNew build
3
$344,500

302 Bellewood Dr

Lafayette, LA 70507

5 bd3 ba2,623 sqft
House
More about this property
4 bedroom house for sale at 114 Westfield Dr Lafayette 70503 - $620,000
New listing
39
$620,000

114 Westfield Dr

Lafayette, LA 70503

4 bd3 ba2,900 sqft
House12,197 sqft lot
Est. $410K

Fred Arsement · Keller Williams Realty Acadiana

More about this property

Looking to buy in Lafayette?

Get connected with a local real estate expert — free, no obligation.

Active listings

564

Homes on market

Median list price

$248K

Avg. days on market

78

Days until sale

New this week

150

Newly listed

Price drops:23.2%of listings
Sale-to-list:97.1%

Top public schools in Lafayette

30 schools tracked · 21,892 students

The largest public schools serving Lafayette, LA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Lafayette High School

Grades 9-12 · 1,862 students

Public

Acadiana High School

Grades 9-12 · 1,835 students

Public

Lafayette Renaissance Charter Academy

Grades PK-12 · 1,809 students

Charter

David Thibodaux STEM Magnet Academy

Grades 6-12 · 1,366 students

Vocational

Milton Elementary School

Grades PK-8 · 1,300 students

Public

Carencro High School

Grades 9-12 · 1,243 students

Public

O. Comeaux High School

Grades 9-12 · 982 students

Public

L.J. Alleman Middle School

Grades 6-8 · 903 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in LA

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.

How many homes are for sale in Lafayette?

There are currently 564 homes listed for sale in Lafayette, LA.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Lafayette, LA market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Lafayette market alerts

Weekly updates on prices, inventory, and trends. Free forever.