The story of this market
The typical home in ZIP 70506 sells for about $225,000, or $150 per square foot.
Prices are down 1.3% from a year ago, which gives buyers more room to negotiate. Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,042 a month.
ZIP 70506 — Lafayette
The 70506 housing market is currently characterized by a median listing price of $225,000 with approximately 300 active listings. Market activity in the broader Lafayette Parish shows a slight year-over-year decline in median sale prices, reflecting a cooling trend in the local residential sector.
Median prices moved down 1.3% year over year.
Homes spend a median of 71 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 17.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 70506, Lafayette Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from U.S. Census Bureau ZCTA 70506 profiles.
- Camp Margaritaville RV Resort Breaux Bridge4.417.4 mi
- Surge Entertainment by Drew Brees4.14.7 mi
- Kart Ranch4.56.1 mi
- Elevation Station4.59.2 mi
- Sky Zone Trampoline Park4.42.3 mi
- CAJUNDOME & Convention Center4.52.6 mi
- Camp Margaritaville RV Resort Breaux Bridge4.417.4 mi
- Cajun Field4.62.3 mi
- LARC's Acadian Village4.51.9 mi
- Vermilionville Historic Village4.74.9 mi
- The Grand Ambassador by Santikos4.43.5 mi
- The Grand Lafayette by Santikos4.41.8 mi
- Zoosiana4.310 mi
- Dave and Buster's Lafayette43.9 mi
- LARC's Acadian Village4.51.9 mi
- LARC's Acadian Village4.51.9 mi
- Vermilionville Historic Village4.74.9 mi
- Acadiana Park Nature Station4.76.7 mi
- Children's Museum of Acadiana4.63.9 mi
- Lafayette Science Museum4.23.9 mi
- Moncus Park4.72.1 mi
- Broussard Sports Complex at Saint Julien Park4.69.9 mi
- Girard Park4.63.4 mi
- LARC's Acadian Village4.51.9 mi
- Acadiana Park Nature Station4.76.7 mi
- Topgolf Lafayette43.8 mi
- Surge Entertainment by Drew Brees4.14.7 mi
- Wetlands Golf Course4.44.7 mi
- Les Vieux Chenes Golf Course46.5 mi
- Billy's Boudin & Cracklins - Scott4.73.6 mi
- Acadiana Mall4.22 mi
- Marshalls & HomeGoods4.53.5 mi
- Rouses Market4.41.9 mi
- Albertsons4.42.3 mi
- Lafayette Regional Airport4.45.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).