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LAFAYETTE, LA 70501

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAFAYETTE, LA real estate market (70501) currently shows 142 active listings, with 24 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice.

Homes are selling faster, averaging 81 days on market compared to 92 days last year.

The median listing price has fallen 16.1% year-over-year, from $162,000 to $135,924.

Whether you are buying or selling in LAFAYETTE, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,379  ·  Density: 690.5/mi²  ·  Median household income: $30,378

Typical home value: $119,547  ·  Homeownership: 45.4%

Market Overview

Active Listings
142
⇧ 49.5% vs 95 last year
Pending
24
17% pending ratio
Median Price
$135,924
⇩ 16.1% vs $162,000 last year
Average Price
$150,441
⇩ 25.4% vs $201,541 last year
Days on Market
81
⇩ 12% vs 92 days last year

Price Per Square Foot

Median $/sqft
$105
⇩ 1.9% vs $107/sqft last year
Median Home Size
1,220 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 142 this year vs 95 last year
  • Days on market: 81 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $135,924 (-16.1% YoY)
  • Average: $150,441 (-25.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.0 miles — 1,048 listings ($414,122,139 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70501Lafayette, LA 705010.0 mi135$20,229,075$138,749$149,845
70503Lafayette, LA 705036.1 mi144$73,269,504$313,675$508,816
70508Lafayette, LA 705086.2 mi269$163,752,943$357,250$608,747
70583Scott, LA 705837.9 mi77$47,431,769$292,250$615,997
70529Duson, LA 7052910.7 mi55$14,616,855$233,150$265,761
70517Breaux Bridge, LA 7051712.1 mi89$30,864,577$280,000$346,793
70512Arnaudville, LA 7051212.7 mi21$8,051,736$268,250$383,416
70582Saint Martinville, LA 7058213.5 mi49$10,466,939$179,750$213,611
70551Leonville, LA 7055115.7 mi1$210,000$210,000$210,000
70525Church Point, LA 7052517.8 mi24$5,548,656$220,000$231,194
70516Branch, LA 7051620.6 mi2$164,850$82,425$82,425
70563New Iberia, LA 7056321.5 mi83$22,042,725$233,475$265,575
70560New Iberia, LA 7056022.0 mi99$17,472,510$130,000$176,490

Frequently Asked Questions

How many homes are for sale in LAFAYETTE, LA 70501?

As of March 2026, there are 142 active listings in LAFAYETTE, LA (zip code 70501), compared to 95 the prior year.

What is the median home price in LAFAYETTE, LA 70501?

The median listing price in LAFAYETTE, LA 70501 is $135,924 as of March 2026, a 16.1% decrease from $162,000 the prior year.

How long do homes stay on the market in LAFAYETTE, LA?

Homes in LAFAYETTE, LA 70501 spend an average of 81 days on the market before going under contract, compared to 92 days the prior year.

Is it a seller's or buyer's market in LAFAYETTE, LA 70501?

Based on current inventory and days-on-market data as of March 2026, LAFAYETTE, LA 70501 is currently a Balanced Market. Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice. Homes are selling faster, averaging 81 days on market compared to 92 days last year.

How much can I save on real estate commission in LAFAYETTE, LA?

With SELL123.com's maximum 3% commission, sellers in LAFAYETTE, LA 70501 save an estimated $2,718 compared to a typical 5% commission on the median listing price of $135,924. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.