Market Intelligence · LA / Lafayette

Lafayette, LA 70507 Housing Market

The typical home value in Lafayette, LA 70507 is $216,073, up 1.2% over the past year as of 2026-08-01. The median list price is $255,000, and homes spend a median of 70 days on market before selling.

Updated August 2026Median value$216K

The median home value in Lafayette, LA 70507 is $216K as of August 2026, up 1.2% 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 70507 range

$199K to $233K

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

+1.2% over 12 months

Typical home value in 70507 over the last 12 months: $214K in Aug 2025 to $216K in Aug 2026 (+1.2%).

Aug 2025$214K

Aug 2026$216K

The numbers

What is the 70507 housing market like?

Typical home value

$216K

Up1.2%YoY

Median list price

$255K

Up5.5%MoM

Days on market

70

Up2.9%MoM

Homes for sale

63

Up1.6%MoM

Price cuts

22.2%

Up190.8%MoM

New listings

36

Up12.5%MoM

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

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The comparison

How do 70507 home prices compare?

  • 70507$216,073
  • 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

In Lafayette, LA 70507, the typical home value sits at $216,073, up 1.2% over the past year as of 2026-08-01. Sellers are listing at a median of $255,000, and 36 new listings came on the market recently, bringing total homes for sale to 63. Homes are taking a median of 70 days to sell, and 22.2% of listings have had a price cut. That combination points to a market where buyers have room to negotiate and overpriced homes sit. A seller here should price carefully from the start rather than chasing the market down.

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