Market Intelligence · LA / Lafayette

Lafayette, LA 70507 Housing Market

Homes in Lafayette's 70507 ZIP typically sell for $212,909, up 0.9% over the past year. The median list price stands at $246,999, with homes staying on the market for a median of 64 days.

Updated September 2026Median value$213K

The median home value in Lafayette, LA 70507 is $213K as of September 2026, up 0.9% 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 70507 range

$196K to $230K

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

+0.9% over 12 months

Sep 2025$211K

Low $211KHigh $215K

Sep 2026$213K

The numbers

What is the 70507 housing market like?

As of September 2026

Typical home value

$213K

0.9%YoY

Median list price

$247K

3.1%MoM

Days on market

8.6%MoM

Homes for sale

4.8%MoM

Price cuts

20.0%

9.8%MoM

New listings

33.3%MoM

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

The outlook

70507 housing market forecast 2027

+0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70507 to rise 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 70507 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 70507?

Zillow's forecast does not call for a drop: it expects typical home values in 70507 to rise 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.

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

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The comparison

How do 70507 home prices compare?

70507$212,909
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

The 70507 area has 66 homes for sale as of September 2026, with 24 new listings added recently. Homes are taking a considerable time to move, spending a median of 64 days on the market before sale. The gap between median list price and typical home value suggests some adjustment may be needed. One in five listings carries a price cut, indicating seller competition in this slower market. If you're considering selling, expect a patient buyer pool and be prepared for negotiation.

Monthly payment

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Home price

Down payment20% · $42,582

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Common questions

What people ask us.

What is the typical home value in Lafayette's 70507 ZIP?

Typical home value is $212,909, up 0.9% over the past year as of September 2026.

How long do homes take to sell in 70507?

The median time on market is 64 days as of September 2026.

How many homes are currently for sale in 70507?

There are 66 homes for sale as of September 2026, with 24 new listings added recently.

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