LA · Metro #116

Lafayette - LA housing market

The Lafayette metro has a typical home value of $202,272, up 2.5% from a year ago. Homes sell in 34 days on average, a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$202,272
+2.5% vs. year ago
Median sale price
$221,148
+3.1% YoY
Median list price
$244,967
Sale-to-list ratio
97.3%
Selling below ask
Days on market
34d
Listings w/ price cut
27.3%
New listings / mo
400
-14.5% YoY
Homes for sale
1,792
-4.2% YoY
Typical rent
$1,364/mo
+0.4% YoY
Context

How to read this data

The typical home value ($202,272) 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 2.5% over the past year. In Lafayette - LA, that means a home worth $197,339 last year is now worth roughly $202,272.

The median sale price, what homes actually close for, is $221,148. Homes are selling at 97.3% of list price, meaning buyers have room to negotiate.

Homes listed in Lafayette - LA sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 400 new listings hit the market each month in Lafayette - LA. There are currently 1,792 homes for sale, down 4.2% from a year ago.

The typical monthly rent in Lafayette - LA is $1,364, up 0.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 12.4x, buying territory (#190 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,040 a month in principal and interest, $324 less than renting before taxes, insurance and upkeep. The two break even at a 9.53% 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 September 2026. Methodology →

Related

Other metros in LA

MetroHome value1-yr changeDays on market
New Orleans - LA$263,842 +2.5% 41.0d
Baton Rouge - LA$249,578 +2.2% 31.0d
Shreveport - LA$185,028 +2.8% 24.0d
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