Market Intelligence · LA / Lafayette

Lafayette, LA 70506 Housing Market

The typical home value in Lafayette's 70506 ZIP code is $212,173, up 2.1% over the past year. The median list price sits at $222,500, and homes are taking a median of 66 days on market to sell.

Updated June 2026Median value$212K

The median home value in Lafayette, LA 70506 is $212K as of June 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.

Get a cash offer

Sell without the wait

Sell your Lafayette home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 70506 range

$195K to $229K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 70506 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Lafayette, LA.

12-month value trend

+2.1% over 12 months

Typical home value in 70506 over the last 12 months: $208K in Jun 2025 to $212K in Jun 2026 (+2.1%).

Jun 2025$208K

Jun 2026$212K

The numbers

What is the 70506 housing market like?

Typical home value

$212K

Up2.1%YoY

Median list price

$223K

Days on market

66

Up53.5%MoM

Homes for sale

156

Price cuts

23.3%

New listings

64

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

Free home value report

See what your 70506 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 70506 home prices compare?

  • 70506$212,173
  • Lafayette$216,931
  • Louisiana$188,775
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Lafayette: 5 ZIPs; Louisiana: 345 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 156 homes for sale in 70506, with 64 new listings added recently. The median list price is $222,500, while the typical home value is $212,173, up 2.1% over the past year. Homes are spending a median of 66 days on market, and 23.3% of listings have had a price cut. That share of price cuts points to a market where buyers have some room to negotiate, so sellers should price carefully and expect to wait.

Monthly payment

Estimate your monthly payment.

20% · $42,435

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.