The story of this market
The typical home in Lafayette Parish, Louisiana sells for about $252,210, or $147 per square foot.
Prices are up +2.9% from a year ago, so sellers still have some momentum. Homes take about 61 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 Approval rate is approved ÷ decided (withdrawn and incomplete files excluded).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 maintains modest year-over-year price growth near 2.9% with a median sale price of $252,210 and stable demand. Active inventory sits slightly above 1,100 listings, representing approximately 3.5 months of supply and yielding an average sale-to-list ratio of 97.4%. Market activity is supported by regional healthcare, university employment, and steady suburban relocation into southern municipalities.
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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
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 3.7% · poverty 16.2% — 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 3.9%/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.
Lafayette Parish exhibits violent crime rates roughly on par with Louisiana parish medians, though property crime rates are elevated within the urban core of Lafayette city. Suburban municipalities such as Youngsville and Broussard report violent crime rates well below both state and national benchmarks.
Public education is administered primarily by the Lafayette Parish School System (LPSS), which holds a Louisiana Department of Education district performance rating of B with strong magnet and immersion pathways. Select high-performing suburban schools like Southside High School in Youngsville and David Thibodaux STEM Academy outperform regional averages.
Flood risk constitutes the primary environmental and insurance hazard due to low-lying topography, the Vermilion River basin, and coulee drainage networks. Coastal wind exposures and escalating property insurance rates across south Louisiana have increased carrier scrutiny and elevation requirements on residential improvements.
Economic expansion is fueled by healthcare networks, engineering and offshore energy service innovation, aviation maintenance at Lafayette Regional Airport, and the research ecosystem around the University of Louisiana at Lafayette. Suburban development continues expanding southward into Broussard and Youngsville along the US-90 / future I-49 corridor.
Parish ad valorem taxes are calculated on assessed value, which is 10% of fair market value for residential real property. Louisiana provides a generous constitutional Homestead Exemption shielding the first $7,500 of assessed value ($75,000 of market value) from most parish-wide millages.
Lafayette Parish serves as the commercial, retail, and medical hub of Acadiana. While energy-services and maritime support remain pillars, growth in healthcare systems, technology services, higher education, and regional distribution has diversified the parish employment profile.
The parish is centered at the junction of Interstate 10 and Interstate 49/US-90, forming the primary east-west and north-south commercial arteries. Public transit is operated by Lafayette Transit System (LTS) bus lines within the city of Lafayette, while air transit connects via Lafayette Regional Airport.
The Lafayette Consolidated Government operates comprehensive land-use and stormwater development ordinances focused on regional watershed mitigation and planned urban corridors. Annexation and residential master-planned subdivisions remain concentrated in the southern tier towards Youngsville and Broussard.
Real property valuations are overseen by the Lafayette Parish Assessor's Office on a quadrennial reappraisal cycle. Residential property is assessed at 10% of fair market value, subject to the Louisiana state constitutional homestead exemption for primary residences.
Parish parcels fall under varied taxing authorities including the Lafayette Parish School District, Parish Library system, Law Enforcement District, Bayou Vermilion District, and regional gravity drainage districts.
Property insurance availability and affordability remain pressured by statewide reinsurance cost increases and hurricane losses. Coastal wind/hail policies often require supplemental Louisiana Citizens coverage where private market capacity retracts.
- 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 from Google Maps, 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 100-acre conservancy park in the center of Lafayette featuring walking trails, a dog park, open green lawns, and community farmers markets.
A 23-acre historic village showcasing Acadian, Creole, and Native American heritage along the banks of the Vermilion River.
A 12,000-plus-seat multi-purpose arena hosting collegiate athletics, national touring concerts, and trade expos.
A preserved 19th-century Cajun bayou community providing historic education, seasonal events, and cultural heritage programming.
A 150-acre bottomland hardwood forest reserve with elevated boardwalks, hiking trails, and environmental education displays.
Retrieved from Census Bureau QuickFacts, Data Commons county series geoId/22055, and ACS county-level housing profiles.
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.