The Lafayette housing market is somewhat competitive. The median sale price of a home in Lafayette was $230K last month, down 5.8% since last year. The median sale price per square foot in Lafayette is $135, up 2.3% since last year.
What is the housing market like in Lafayette today?
In October 2024, Lafayette home prices were down 5.8% compared to last year, selling for a median price of $230K. On average, homes in Lafayette sell after 44 days on the market compared to 42 days last year. There were 107 homes sold in October this year, up from 100 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$229,900
-5.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lafayette, LA
$229,900
-5.8%
United States
To compare other locations to the Lafayette and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lafayette add value to a home.
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How hot is the Lafayette housing market?
Lafayette is somewhat competitive. Homes sell in 47 days.
0
100
44
Somewhat Competitive
Redfin Compete Score™
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 47 days.
Hot homes
can sell for around list price and go pending in around 16 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lafayette has a moderate risk of flooding. 11,969 properties in Lafayette are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Lafayette. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lafayette has a moderate risk of wildfire. There are 13,269 properties in Lafayette that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Lafayette.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lafayette has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lafayette is most at risk from hurricanes. 52,286 properties in Lafayette have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 165 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 172 mph.