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Market Intelligence · LA / Lafayette Parish

Lafayette, LA home prices and housing market

5 ZIP markets liveData updated September 2026Typical value$213K1-yr changeUp0.9%

The typical home value in Lafayette, LA is $213K as of September 2026, up 0.9% from a year ago, based on the Zillow Home Value Index. In the typical Lafayette ZIP code, the median list price is $247K and homes spend a median of 71 days on market as of September 2026 (Realtor.com).

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The coverage

Lafayette, by the numbers.

Typical home valueZillow ZHVI, September 2026
$213K
1-yr changeMedian across Lafayette ZIPs
+0.9%
ZIP markets live11 tracked in Lafayette
5
County
Lafayette Parish

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12-month value trend

+0.9% over 12 months

Typical home value in Lafayette over the last 12 months: $211K in Sep 2025 to $213K in Sep 2026 (+0.9%).

Sep 2025$211K

Sep 2026$213K

Median Zillow home value index across Lafayette's ZIP codes.

Context

Lafayette's housing market is showing modest growth. The typical home value is $212,909, up 0.9% over the past year as of September 2026. There are 668 homes for sale, with 180 new listings appearing in the same period. The median list price sits at $246,999, while homes spend a median of 71 days on market. About 21.3% of listings have received a price cut, which suggests some sellers are adjusting expectations to move their homes. For homeowners considering a sale, this is a balanced market where pricing strategy and condition matter more than timing.

The numbers

What is the housing market like in Lafayette, LA?

Typical home value

$213K

Up0.9%YoY

Median list price

$247K

Days on market

71

Homes for sale

668

Price cuts

21.3%

New listings

180

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Lafayette's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Lafayette, LA home prices over time

Typical home values in Lafayette, LA are up 0.9% over the past year, from $211K in September 2025 to $213K in September 2026.

Typical home value in Lafayette, LA, September of each year
MonthTypical value1-yr change
September 2026$212,909+0.9%
September 2025$211,083No prior year

Typical value is the median Zillow Home Value Index across Lafayette ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Lafayette, LA a buyer's or seller's market?

Lafayette, LA leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 71 days on market and 21% of listings with a price cut in the typical Lafayette ZIP code, and 180 new listings against 668 active listings across Lafayette, as of September 2026 (Realtor.com).

The outlook

Lafayette housing market forecast 2027

+0.7%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 5 Lafayette ZIP codes, points to typical home values rising 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in Lafayette rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in Lafayette?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Lafayette shows typical home values rising 0.7% by September 2027, after a 0.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 5 Lafayette ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Lafayette ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 11 Lafayette ZIP codes in total; the remaining 6 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Lafayette, LA home prices.

What is the typical home value in Lafayette, LA?

The typical home value in Lafayette is $212,909 as of September 2026, up 0.9% over the past year.

How many homes are currently for sale in Lafayette?

There are 668 homes for sale in Lafayette as of September 2026, with 180 new listings added in that period.

How long do homes typically stay on the market in Lafayette?

Homes spend a median of 71 days on market in Lafayette as of September 2026. The median list price is $246,999, and roughly 21.3% of listings have had a price reduction.

Are home prices going up or down in Lafayette, LA?

Typical home values in Lafayette, LA are up 0.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Lafayette, LA a buyer's or seller's market?

Lafayette, LA leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 71 days on market and 21% of listings with a price cut in the typical Lafayette ZIP code, and 180 new listings against 668 active listings across Lafayette, as of September 2026 (Realtor.com).

Nearby markets

More Louisiana housing markets.

The market is moving

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