Lafayette - LA housing market
The Lafayette metro has a typical home value of $202,529, up 2.8% from a year ago. Homes sell in 37 days on average, a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.
Lafayette housing market, October 2026
The typical Lafayette home is worth $202,529 as of August 2026, up 0.0% from the prior month, down 0.0% over three months, and up 2.8% from a year ago. Over the past two years values have ranged from $196,690 to $202,681.
Homes are going pending in about 37 days, slower than the 26 days seen three months earlier. There are roughly 1,835 homes for sale, 8% fewer than a year ago. 27.1% of listings have taken a price cut (up from 25.3% three months ago).
Typical rent is $1,382 a month, up 1.2% year over year, which puts the price-to-rent ratio at 12.2.
At this week's 7.40% mortgage rate with 20% down ($40,506), the typical Lafayette home costs about $1,375 a month including tax and insurance, which needs a household income of roughly $58,900 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($202,529) 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 2.8% over the past year. In Lafayette - LA, that means a home worth $197,013 last year is now worth roughly $202,529.
The median sale price, what homes actually close for, is $223,646. 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 37 days before going pending. Shorter = seller's market; longer = buyer's market.
About 27.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 420 new listings hit the market each month in Lafayette - LA. There are currently 1,835 homes for sale, down 7.8% from a year ago.
The typical monthly rent in Lafayette - LA is $1,382, up 1.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 12.2x, buying territory (#190 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,122 a month in principal and interest, $260 less than renting before taxes, insurance and upkeep. The two break even at a 9.67% rate.
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.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in LA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| New Orleans - LA | $261,002 | +2.1% | 47.0d |
| Baton Rouge - LA | $248,895 | +2.6% | 33.0d |
| Shreveport - LA | $186,446 | +3.4% | 28.0d |