Lafayette, LA Housing Market
The Lafayette housing market is somewhat competitive. Homes in Lafayette receive 6 offers on average and sell in around 53 days. The median sale price of a home in Lafayette was $232K last month, up 3.0% since last year. The median sale price per square foot in Lafayette is $138, up 3.0% since last year.
Lafayette Housing Market Trends
In March 2024, Lafayette home prices were up 3.0% compared to last year, selling for a median price of $232K. On average, homes in Lafayette sell after 53 days on the market compared to 44 days last year. There were 116 homes sold in March this year, down from 121 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lafayette housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 46 days.
- Hot homescan sell for around list price and go pending in around 11 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 58 days.
- Hot homescan sell for around list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 70 days.
- Hot homescan sell for around list price and go pending in around 17 days.
Lafayette Migration & Relocation Trends
- Across the nation, 0.04% of homebuyers searched to move into Lafayette from outside metros.
- Houston homebuyers searched to move into Lafayette more than any other metro followed by San Francisco and Atlanta.
- 64% of Lafayette homebuyers searched to stay within the Lafayette metropolitan area.
- Baton Rouge was the most popular destination among Lafayette homebuyers followed by New Orleans and Mobile.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 23 | ||
2 | 17 | ||
3 | 16 | ||
4 | 14 | ||
5 | 12 | ||
6 | 9 | ||
7 | 8 | ||
8 | 7 | ||
9 | 7 | ||
10 | 7 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 74 | ||
2 | 21 | ||
3 | 9 | ||
4 | 3 | ||
5 | 2 | ||
6 | 2 | ||
7 | 2 | ||
8 | 2 | ||
9 | 1 | ||
10 | 1 |
Home offer insights for Lafayette
Recent offers
View houses in Lafayette that sold recently
Recently sold homes
- $540,000 Last Sold Price4 beds3 baths3,347 sq ft213 Clem Dr, Lafayette, LA 70503List Price$540,000Sale to List0% over listDays on Market0 days213 Clem Dr, Lafayette, LA 70503
- $165,000 Last Sold Price4 beds2 baths1,400 sq ft302 Marseilles Dr, Lafayette, LA 70506List Price$165,000Sale to List0% over listDays on Market16 days302 Marseilles Dr, Lafayette, LA 70506
- $960,000 Last Sold Price4 beds4.5 baths3,295 sq ft315 Biltmore Way, Lafayette, LA 70508List Price$979,999Sale to List2% under listDays on Market177 days315 Biltmore Way, Lafayette, LA 70508
- $115,000 Last Sold Price3 beds1.5 baths1,034 sq ft404 Crawford St, Lafayette, LA 70506List Price$110,000Sale to List5% over listDays on Market16 days404 Crawford St, Lafayette, LA 70506
- $253,220 Last Sold Price4 beds3 baths2,231 sq ft132 St Julien Ave, Lafayette, LA 70506List Price$264,900Sale to List4% under listDays on Market80 days132 St Julien Ave, Lafayette, LA 70506
- $90,000 Last Sold Price2 beds2.5 baths1,075 sq ft200 Lodge Drive Dr #305, Lafayette, LA 70506List Price$101,000Sale to List11% under listDays on Market57 days200 Lodge Drive Dr #305, Lafayette, LA 70506
- $215,000 Last Sold Price3 beds2 baths1,444 sq ft246 Fallis Rd, Lafayette, LA 70507List Price$215,000Sale to List0% over listDays on Market57 days246 Fallis Rd, Lafayette, LA 70507
- $599,900 Last Sold Price6 beds3.5 baths4,221 sq ft105 Solano Dr, Lafayette, LA 70503List Price$599,900Sale to List0% over listDays on Market80 days105 Solano Dr, Lafayette, LA 70503
See all recently sold homes in Lafayette.
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Schools in Lafayette
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Myrtle Place Elementary School Public • PreK-5 | 350 Students | 7 reviews |
9/10 L. Leo Judice Elementary School Public • PreK-5 | 375 Students | 20 reviews |
8/10 Broadmoor Elementary School Public • PreK-4 | 640 Students | 7 reviews |
8/10 L.J. Alleman Middle School Public • 5-8 | 1097 Students | 8 reviews |
8/10 Corporal Michael Middlebrook Elementary School Public • PreK-5 | 684 Students | 5 reviews |
Climate's impact on Lafayette housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lafayette.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Extreme
Wind Factor
Wind likelihood over time
Heat Factor - Extreme
Heat Factor
Transportation in Lafayette
Walk Score®
Bike Score®
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