Market Intelligence · LA / Lafayette

Lafayette, LA 70506 Housing Market

Typical home value in Lafayette 70506 is $208,187, up 1.9% over the past year. The median list price stands at $219,625, with homes taking 74 days on market as of September 2026.

Updated September 2026Median value$208K

The median home value in Lafayette, LA 70506 is $208K as of September 2026, up 1.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 70506 range

$192K to $225K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.9% over 12 months

Sep 2025$204K

Low $204KHigh $210K

Sep 2026$208K

The numbers

What is the 70506 housing market like?

As of September 2026

Typical home value

$208K

1.9%YoY

Median list price

$220K

2.2%MoM

Days on market

12.1%MoM

Homes for sale

158

1.2%MoM

Price cuts

21.3%

12.1%MoM

New listings

14.3%MoM

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

The outlook

70506 housing market forecast 2027

+0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70506 to rise 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 70506 rose 1.9%, per the Zillow Home Value Index.

Will home prices drop in 70506?

Zillow's forecast does not call for a drop: it expects typical home values in 70506 to rise 0.7% by September 2027, after a 1.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 70506 home prices compare?

70506$208,187
Lafayette$212,909
Louisiana$184,621
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lafayette: 5 ZIPs; Louisiana: 345 ZIPs; United States: 26,262 ZIPs).

Context

Lafayette 70506 has 158 homes for sale and 48 new listings as of September 2026. The median list price of $219,625 reflects modest annual appreciation, with the typical home value up 1.9% year-over-year. Homes are spending 74 days on market, a pace that suggests steady but unhurried movement. About 21.3% of listings have seen a price cut. For sellers, the data points to a balanced market where pricing strategy and condition matter significantly.

Monthly payment

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Home price

Down payment20% · $41,637

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Common questions

What people ask us.

What is the typical home value in 70506?

The typical home value in Lafayette 70506 is $208,187, up 1.9% over the past year as of September 2026.

How many homes are for sale in this ZIP code?

There are 158 homes for sale in 70506 as of September 2026, with 48 new listings added that month.

How long do homes typically stay on the market here?

The median days on market in 70506 is 74 as of September 2026.

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