The story of this market
The typical home in Lafayette Parish, Louisiana sells for about $257,000, or $145 per square foot.
Prices are down 5.88% from a year ago, which gives buyers more room to negotiate. Homes take about 72 days to sell, which is slow. Over the long run, values in this county have grown 82% since 2000. Last year 16 of 52 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is hurricane, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,092 a month.
HUD sets the fair market rent for a 2-bedroom at $1,092 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2006 (+9.1%). Worst: 2011 (-2.5%). Hover to read a year.
Monthly price momentum
Home values since 2015
+0.5%
LA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,375
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 52 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
82
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $189,844,904.
Mortgage activity
Home lending in this county
78.6%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 9626 | 5250 | 78.6% | 9.3% | $190,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Lafayette Parish, Louisiana
The Lafayette Parish housing market is showing signs of stabilization as inventory levels remain consistent with historical norms. While median prices have seen a slight year-over-year adjustment, the market remains supported by steady demand and a diverse local economy. Buyers are finding more negotiation room compared to previous years, reflecting a shift toward a more balanced market environment.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 6 cities · 17 ZIP reports
Median prices moved up 0.2% year over year.
Homes spend a median of 46 days on market with 0.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 18.09% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 14.5% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 17 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Lafayette Parish, Louisiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 7, 2026.
researched Sep 25
researched Sep 19
researched Sep 25
researched Sep 25
researched Sep 25
researched Sep 21
researched Sep 21
researched Sep 19
researched Sep 25
researched Sep 25
| 70501 | Lafayette | $135,000 | $135 | +31.9% | 68 | 96% | — | 3.9 | 209 | $1,190 | researched Sep 25 |
| 70502 | Lafayette | $250,000 | $150 | -1.3% | 71 | 100% | — | 4.2 | 1,150 | $1,318 | researched Sep 19 |
| 70503 | Lafayette | $275,000 | $143 | +2.2% | 28 | 98% | — | — | 1,150 | $1,700 | researched Sep 25 |
| 70504 | Lafayette | $115,000 | $80 | — | 490 | — | — | — | — | $1,092 | researched Sep 25 |
| 70505 | Lafayette | $287,000 | $143 | -1.5% | 78 | — | — | — | 1,150 | $1,600 | researched Sep 25 |
| 70506 | Lafayette | $225,000 | $150 | -1.3% | 71 | — | — | — | 300 | $1,042 | researched Sep 21 |
| 70507 | Lafayette | $245,000 | $145 | +4.2% | 19 | 98.2% | 25.6% | 4.1 | 287 | $927 | researched Sep 21 |
| 70508 | Lafayette | — | $150 | +1.8% | 71 | — | — | — | 318 | $1,239 | researched Sep 19 |
| 70509 | Lafayette | $287,000 | $155 | — | 40 | — | — | — | 1,150 | $1,092 | researched Sep 25 |
| 70518 | Broussard | $250,000 | $150 | -1.3% | 71 | — | — | — | 1,150 | $1,092 | researched Sep 25 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Lafayette Parish are generally higher than the national average, with property crime being the most prevalent concern. Local law enforcement continues to focus on community-based policing initiatives to address these trends.
The Lafayette Parish School System serves the majority of the area, with a mix of highly-rated magnet schools and varying performance levels across traditional neighborhood schools. Many families also opt for private or parochial education, which has a strong historical presence in the region.
The parish faces significant flood risks due to its low-lying topography and proximity to the Vermilion River, necessitating strict adherence to flood zone building requirements. Wind and hurricane insurance premiums remain a primary concern for homeowners, reflecting the region's vulnerability to Gulf Coast storm activity.
The economy is anchored by the healthcare, energy, and education sectors, with Lafayette serving as a regional hub for Acadiana. Development momentum is focused on the expansion of the medical district and ongoing infrastructure improvements to manage traffic flow in the growing urban core.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
The economy is driven by a diverse mix of healthcare, oil and gas services, and a growing technology sector. Lafayette serves as the commercial and cultural capital of the Acadiana region, providing significant employment opportunities in professional services and retail.
The parish is served by a network of state highways and the I-10/I-49 interchange, which acts as a critical logistics corridor. Public transit is provided by Lafayette Transit System, primarily serving the urban core.
The Lafayette Parish Assessor's office conducts periodic reassessments to ensure property values align with current market conditions, following state-mandated guidelines.
The parish includes various special districts, including levee and drainage districts, as well as specific hospital service districts that provide targeted public health funding.
Property insurance markets remain challenging due to regional storm exposure, with premiums reflecting the high cost of risk mitigation and reinsurance in coastal Louisiana.
- Camp Margaritaville RV Resort Breaux Bridge4.415.4 mi
- Surge Entertainment by Drew Brees4.11.7 mi
- Kart Ranch4.53.4 mi
- Elevation Station4.56.3 mi
- Sky Zone Trampoline Park4.42.6 mi
- CAJUNDOME & Convention Center4.52.1 mi
- TABASCO Factory Tours4.720.8 mi
- Camp Margaritaville RV Resort Breaux Bridge4.415.4 mi
- Cajun Field4.62 mi
- LARC's Acadian Village4.54.1 mi
- The Grand Ambassador by Santikos4.42.3 mi
- The Grand Lafayette by Santikos4.41.4 mi
- Zoosiana4.37.2 mi
- Dave and Buster's Lafayette42.7 mi
- LARC's Acadian Village4.54.1 mi
- TABASCO Factory Tours4.720.8 mi
- LARC's Acadian Village4.54.1 mi
- Vermilionville Historic Village4.72.5 mi
- TABASCO4.720.7 mi
- Acadiana Park Nature Station4.75.3 mi
- Moncus Park4.71.4 mi
- Broussard Sports Complex at Saint Julien Park4.67 mi
- Girard Park4.61.3 mi
- LARC's Acadian Village4.54.1 mi
- Rip Van Winkle Gardens4.615.4 mi
- Broussard Brothers4.429.8 mi
- Don's Boat Landing4.621.8 mi
- Topgolf Lafayette42.6 mi
- Surge Entertainment by Drew Brees4.11.7 mi
- Wetlands Golf Course4.45.1 mi
- Les Vieux Chenes Golf Course44 mi
- Billy's Boudin & Cracklins - Scott4.76.1 mi
- Acadiana Mall4.23.2 mi
- Marshalls & HomeGoods4.52.4 mi
- Rouses Market4.42 mi
- Albertsons4.41.5 mi
- Lafayette Regional Airport4.42.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A major community green space offering walking trails, playgrounds, and event venues that serves as a central gathering point for the parish.
A living history museum and folklife park that preserves and celebrates the Acadian and Creole culture of the region.
A cultural anchor in downtown Lafayette providing galleries, performance spaces, and arts education programs.
Data retrieved from data.census.gov; figures reflect standard ACS reporting for Lafayette Parish.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Property located within a condominium regime
The association may adopt budgets and collect assessments for common expenses. Late fees for assessments are capped at 30% of the monthly assessment amount.
R.S. 9:1123.102
Louisiana requires a judicial foreclosure process. The process involves filing a petition, obtaining a judgment, and a sheriff's sale. Specific notice requirements, including posting a sign on the property, apply to residential dwellings.
Louisiana Code of Civil Procedure Article 2293
Sellers must complete a property disclosure document in good faith, disclosing known defects in the property as prescribed by the Louisiana Real Estate Commission.
R.S. 9:3196 through 9:3200; La. Admin. Code tit. 46, § LXVII-3601
Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Louisiana Constitution Article VII, Section 18
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.