Lafayette, LA metro area Housing Market
Cold MarketComprehensive housing market data for the Lafayette, LA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$238K
↓ 0.1% YoY
Days on Market
77 days
↓ 11.5% YoY
Active Inventory
1,658
↓ 0.1% YoY
Homes Sold
401
↑ 1.8% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Lafayette, LA metro area Market Summary
The Lafayette, LA metro area housing market is cooling down. As of March 2026, the median home sale price is $238K, down 0.1% year-over-year. Homes are spending a median of 77 days on the market, 11.5% shorter than a year ago.
There are 1,658 homes for sale — 0.1% fewer than last year. With 4.1 months of supply, this is a balanced market. 551 new listings were added during this period, up 4.4% year-over-year.
Homes are selling for 97.5% of their list price on average, suggesting room for negotiation. 12.5% of homes sell above their asking price. 25.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
78
Contributing Factors
How This Market Compares
vs. National Median
vs. Louisiana Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 46% below the national median, which could indicate stronger cash flow potential.
Lafayette, LA metro area Market Trends
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Detailed Market Metrics
Median List Price
$250K
Price per Sq Ft
$144
Sale-to-List Ratio
97.5%
Months of Supply
4.1
Sold Above List
12.5%
Price Drops
25.5%
New Listings
551
↑ 4.4% YoY
Pending Sales
543
Off Market in 2 Weeks
23.2%
Other Markets in Louisiana
New Orleans, LA metro area
$290K · 80d on market
Baton Rouge, LA metro area
$269K · 64d on market
Shreveport, LA metro area
$240K · 80d on market
Lake Charles, LA metro area
$235K · 99d on market
Houma, LA metro area
$196K · 94d on market
Monroe, LA metro area
$250K · 35d on market
Hammond, LA metro area
$250K · 85d on market
Alexandria, LA metro area
$185K · 71d on market
Analyze a deal in Lafayette, LA metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.