Housing in Lafayette, LA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$250,312

Median List Price

$250,000

Price Per Sq Ft

$143

Days on Market

97

Active Inventory

552

Months of Supply

8.1

Buyer's market

Zillow Home Value

$218,713

ZHVI — January 2026

Zillow Rent Index

$1,271

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 16.4%List Price 0.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

4.4%

Off Market in 2 Weeks

20.7%

Sale-to-List Ratio

97.3%

Buyer's market

Sold Above Asking
4.4%
Under Contract in 2 Wks
20.7%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

68

New Listings

170

Pending Sales

145

Homes Sold 51.1%New Listings 20.2%Pending 5.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$143

Median List $/SF

$145

Sale $/SF 5.1%List $/SF 2.7%Mar 24Jan 26

Lafayette vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Lafayette is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$251,300

Median Rent

$1,065

Total Housing Units

58,905

Vacancy Rate

10.9%

Owner Occupied

55.0%

Renter Occupied

45.0%

Median Property Tax

$1,455

per year

Monthly Cost (w/ Mortgage)

$1,046

Housing Types

Single Family
67.2%
Multi-Family
30.5%
Mobile Home
2.3%

The current median sale price in Lafayette, LA is $250,312 according to Redfin data. Homes spend a median of 97 days on the market. 4.4% of homes sold above asking price. The market has 8.1 months of supply. The median price per square foot is $143. Zillow's observed rent index is $1,271/month. About 55.0% of housing units are owner-occupied. The median year homes were built is 1981. There are 58,905 total housing units.