Call or Text (240) SELL-123

LAFAYETTE, LA 70506

Real Estate Market Report  ·  Lafayette County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
177
⇩ 4.8% vs 186 last year
Pending
47
27% pending ratio
Median Price
$227,000
⇩ 10.1% vs $252,450 last year
Average Price
$250,244
⇩ 4.9% vs $263,091 last year
Days on Market
82
⇩ 1.2% vs 83 days last year

Market Context

Population: 39,926  ·  Density: 742.5/mi²  ·  Median household income: $53,426

Typical home value: $201,169  ·  Homeownership: 53.9%

Market Analysis

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

The LAFAYETTE, LA real estate market (70506) currently shows 177 active listings, with 47 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 82 days on market compared to 83 days last year.

The median listing price has fallen 10.1% year-over-year, from $252,450 to $227,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LAFAYETTE, LA 70506 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 177 this year vs 186 last year
  • Days on market: 82 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $227,000 (-10.1% YoY)
  • Average: $250,244 (-4.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 1,289 listings ($548,913,680 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70506Lafayette, LA 705060.0 mi177$44,293,188$227,000$250,244
70508Lafayette, LA 705084.1 mi264$151,393,176$374,990$573,459
70583Scott, LA 705835.0 mi77$47,291,398$288,700$614,174
70507Lafayette, LA 705076.8 mi95$26,444,390$240,000$278,362
70592Youngsville, LA 705928.9 mi292$138,443,624$359,195$474,122
70518Broussard, LA 7051810.0 mi118$60,657,074$371,000$514,043
70519Cade, LA 7051913.0 mi1$359,000$359,000$359,000
70541Grand Coteau, LA 7054115.7 mi4$615,200$155,000$153,800
70512Arnaudville, LA 7051217.7 mi23$8,224,938$255,000$357,606
70582Saint Martinville, LA 7058217.8 mi50$11,268,200$170,000$225,364
70517Breaux Bridge, LA 7051718.0 mi80$26,972,080$264,750$337,151
70533Erath, LA 7053320.3 mi15$2,889,255$155,000$192,617
70510Abbeville, LA 7051021.9 mi93$30,062,157$182,450$323,249

Frequently Asked Questions

How many homes are for sale in LAFAYETTE, LA 70506?

As of January 2026, there are 177 active listings in LAFAYETTE, LA (zip code 70506), compared to 186 the prior year.

What is the median home price in LAFAYETTE, LA 70506?

The median listing price in LAFAYETTE, LA 70506 is $227,000 as of January 2026, a 10.1% decrease from $252,450 the prior year.

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

Homes in LAFAYETTE, LA 70506 spend an average of 82 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in LAFAYETTE, LA 70506?

Based on current inventory and days-on-market data as of January 2026, LAFAYETTE, LA 70506 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 82 days on market compared to 83 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 70506 save an estimated $4,540 compared to a typical 5% commission on the median listing price of $227,000. 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.