Lafayette - LA housing market
The Lafayette metro has a typical home value of $202,312, up 2.1% from a year ago. Homes sell in 26 days on average - a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($202,312) is the Zillow Home Value Index for the Lafayette - LA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 2.1% over the past year. In Lafayette - LA, that means a home worth $198,151 last year is now worth roughly $202,312.
The median sale price , what homes actually close for , is $223,730. Homes are selling at 97.1% of list price, meaning buyers have room to negotiate.
Homes listed in Lafayette - LA sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.
About 25.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 435 new listings hit the market each month in Lafayette - LA. There are currently 1,793 homes for sale, up 3.9% from a year ago.
The typical monthly rent in Lafayette - LA is $1,371, up 1.1% year over year. For investors, the price-to-rent ratio here is roughly 12x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in LA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| New Orleans - LA | $261,414 | +2.8% | 34.0d |
| Baton Rouge - LA | $248,176 | +1.5% | 30.0d |
| Shreveport - LA | $186,193 | +0.8% | 29.0d |