Market Intelligence · LA / Lafayette

Lafayette, LA 70506 Housing Market

In Lafayette, LA 70506, the typical home value is $209,983, up 2.1% over the past year as of 2026-08-01. The median list price is $215,000, and homes are spending a median of 66 days on market.

Updated August 2026Median value$210K

The median home value in Lafayette, LA 70506 is $210K as of August 2026, up 2.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 70506 range

$193K to $227K

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

+2.1% over 12 months

Typical home value in 70506 over the last 12 months: $206K in Aug 2025 to $210K in Aug 2026 (+2.1%).

Aug 2025$206K

Aug 2026$210K

The numbers

What is the 70506 housing market like?

Typical home value

$210K

Up2.1%YoY

Median list price

$215K

Flat0.0%MoM

Days on market

66

Up3.1%MoM

Homes for sale

160

Up3.9%MoM

Price cuts

24.2%

Up32.6%MoM

New listings

56

Down6.7%MoM

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

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The comparison

How do 70506 home prices compare?

  • 70506$209,983
  • Lafayette$216,073
  • Louisiana$189,166
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lafayette: 5 ZIPs; Louisiana: 345 ZIPs; United States: 26,265 ZIPs).

Context

There are 160 homes for sale in Lafayette, LA 70506 as of 2026-08-01, with 56 new listings entering the market. The median list price is $215,000, while the typical home value is $209,983 and is up 2.1% over the past year. A median of 66 days on market points to a slower pace than a hot seller market. With 24.2% of listings showing a price cut, buyers have some room to negotiate. Sellers should price carefully and expect condition and presentation to matter.

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20% · $41,997

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