The median sale price of a home in Faubourg Lafayette was $221K last month, down 21.5% since last year. The median sale price per square foot in Faubourg Lafayette is $187, down 34.0% since last year.
What is the housing market like in Faubourg Lafayette today?
In October 2024, Faubourg Lafayette home prices were down 21.5% compared to last year, selling for a median price of $221K. On average, homes in Faubourg Lafayette sell after 93 days on the market compared to 174 days last year. There were 4 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$220,500
-21.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Faubourg Lafayette, LA
$220,500
-21.5%
United States
To compare other locations to the Faubourg Lafayette and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Orleans add value to a home.
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.1%
-0.47 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Faubourg Lafayette, LA
97.1%
-0.47 pt
United States
View houses in Faubourg Lafayette that sold recently
Learn about schools in the Faubourg Lafayette area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Faubourg Lafayette housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Faubourg Lafayette.
Flood Factor - Moderate
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Faubourg Lafayette has a moderate risk of flooding. 457 properties in Faubourg Lafayette are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Faubourg Lafayette. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Faubourg Lafayette has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Faubourg Lafayette is most at risk from hurricanes. 937 properties in Faubourg 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 179 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 196 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Faubourg Lafayette has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Faubourg Lafayette have an Extreme Heat Factor®.
Faubourg Lafayette is expected to see a 200% increase in the number of days over 108ºF over the next 30 years. Faubourg Lafayette is expected to experience 7