Lafayette - LA housing market
The Lafayette metro has a typical home value of $200,663, up 1.6% from a year ago. Homes sell in 31 days on average - a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($200,663) 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 1.6% over the past year. In Lafayette - LA, that means a home worth $197,503 last year is now worth roughly $200,663.
The median sale price , what homes actually close for , is $224,717. Homes are selling at 96.7% of list price, meaning buyers have room to negotiate.
Homes listed in Lafayette - LA sit on the market for roughly 31 days before going pending. Shorter = seller's market; longer = buyer's market.
About 23.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 432 new listings hit the market each month in Lafayette - LA. There are currently 1,778 homes for sale, up 4.0% from a year ago.
The typical monthly rent in Lafayette - LA is $1,365, up 1.7% 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 | $261,919 | +2.6% | 42.0d |
| Baton Rouge - LA | $246,900 | +1.1% | 34.0d |
| Shreveport - LA | $184,116 | -0.2% | 39.0d |