Market Intelligence · LA / Lafayette

Lafayette, LA 70508 Housing Market

Homes in Lafayette's 70508 ZIP are worth a typical $294,134, up 1.9% over the past year. The median list price sits at $319,675, with homes spending a median 67 days on market as of September 2026.

Updated September 2026Median value$294K

The median home value in Lafayette, LA 70508 is $294K 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 70508 range

$271K to $318K

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$289K

Low $289KHigh $294K

Sep 2026$294K

The numbers

What is the 70508 housing market like?

As of September 2026

Typical home value

$294K

1.9%YoY

Median list price

$320K

3.1%MoM

Days on market

11.7%MoM

Homes for sale

204

4.2%MoM

Price cuts

12.2%

39.3%MoM

New listings

26.7%MoM

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

The outlook

70508 housing market forecast 2027

+0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70508 to rise 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 70508 rose 1.9%, per the Zillow Home Value Index.

Will home prices drop in 70508?

Zillow's forecast does not call for a drop: it expects typical home values in 70508 to rise 0.6% 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 70508 home prices compare?

70508$294,134
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's 70508 ZIP shows a moderate pace of activity. There are 204 homes for sale, with 44 new listings entering the market in September 2026. About 12.2% of listings have seen a price cut, suggesting some sellers are adjusting to market conditions. Homes are taking a solid couple of months to sell on average. For sellers, this means pricing carefully and being realistic about timeline, as buyer interest is present but not rushing.

Monthly payment

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Home price

Down payment20% · $58,827

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Common questions

What people ask us.

What is the typical home value in 70508?

The typical home value is $294,134 as of September 2026, up 1.9% over the past year.

How long do homes typically stay on the market in 70508?

The median days on market is 67 as of September 2026.

How many homes are for sale in 70508?

There are 204 homes for sale as of September 2026, with 44 new listings added that month.

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