Market Intelligence · LA / Lafayette

Lafayette, LA 70508 Housing Market

The typical home in Lafayette's 70508 ZIP code is worth $296,103, up 1.8% over the past year. Sellers are listing at a median price of $330,000, and homes are taking a median of 60 days to go under contract.

Updated August 2026Median value$296K

The median home value in Lafayette, LA 70508 is $296K as of August 2026, up 1.8% 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 70508 range

$272K to $320K

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

+1.8% over 12 months

Typical home value in 70508 over the last 12 months: $291K in Aug 2025 to $296K in Aug 2026 (+1.8%).

Aug 2025$291K

Aug 2026$296K

The numbers

What is the 70508 housing market like?

Typical home value

$296K

Up1.8%YoY

Median list price

$330K

Down10.8%MoM

Days on market

60

Down10.4%MoM

Homes for sale

213

Up3.4%MoM

Price cuts

20.1%

Up7.0%MoM

New listings

60

Down3.2%MoM

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

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The comparison

How do 70508 home prices compare?

  • 70508$296,103
  • 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 213 homes for sale in 70508, with 60 new listings coming on the market as of 2026-08-01. The median list price sits at $330,000, while the typical home value is $296,103, a gap that suggests some sellers are aiming above what the market currently supports. One in five listings, 20.1%, has taken a price cut, and homes are sitting for a median of 60 days before selling. The value trend is positive at 1.8% over the past year, but only modestly. A seller here should expect a patient, price-sensitive market where accurate pricing matters more than optimistic pricing.

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