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LAFAYETTE, LA 70507

Real Estate Market Report  ·  Lafayette County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The LAFAYETTE, LA real estate market (70507) currently shows 99 active listings, with 41 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 65 days on market compared to 33 days last year.

The median listing price has fallen 0.4% year-over-year, from $243,500 to $242,500.

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: 18,777  ·  Density: 338.3/mi²  ·  Median household income: $64,383

Typical home value: $192,788  ·  Homeownership: 71.8%

Market Overview

Active Listings
99
vs 99 last year
Pending
41
41% pending ratio
Median Price
$242,500
⇩ 0.4% vs $243,500 last year
Average Price
$314,915
⇩ 1.3% vs $319,063 last year
Days on Market
65
⇧ 97% vs 33 days last year

Price Per Square Foot

Median $/sqft
$136
⇩ 3.5% vs $141/sqft last year
Median Home Size
1,792 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 65 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $242,500 (-0.4% YoY)
  • Average: $314,915 (-1.3% 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 25.2 miles — 1,080 listings ($340,035,772 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70507Lafayette, LA 705070.0 mi90$27,378,720$252,250$304,208
70501Lafayette, LA 705013.7 mi135$20,229,075$138,749$149,845
70506Lafayette, LA 705066.8 mi180$44,917,380$227,519$249,541
70584Sunset, LA 705848.5 mi30$8,314,440$252,875$277,148
70541Grand Coteau, LA 705419.6 mi5$773,500$151,500$154,700
70512Arnaudville, LA 7051211.0 mi21$8,051,736$268,250$383,416
70551Leonville, LA 7055113.0 mi1$210,000$210,000$210,000
70592Youngsville, LA 7059214.0 mi299$147,752,644$390,000$494,156
70578Rayne, LA 7057814.5 mi39$13,131,729$204,750$336,711
70582Saint Martinville, LA 7058216.8 mi49$10,466,939$179,750$213,611
70570Opelousas, LA 7057017.8 mi136$34,431,528$186,875$253,173
70577Port Barre, LA 7057719.4 mi12$2,335,356$122,500$194,613
70563New Iberia, LA 7056325.2 mi83$22,042,725$233,475$265,575

Frequently Asked Questions

How many homes are for sale in LAFAYETTE, LA 70507?

As of April 2026, there are 99 active listings in LAFAYETTE, LA (zip code 70507), compared to 99 the prior year.

What is the median home price in LAFAYETTE, LA 70507?

The median listing price in LAFAYETTE, LA 70507 is $242,500 as of April 2026, a 0.4% decrease from $243,500 the prior year.

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

Homes in LAFAYETTE, LA 70507 spend an average of 65 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in LAFAYETTE, LA 70507?

Based on current inventory and days-on-market data as of April 2026, LAFAYETTE, LA 70507 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 65 days on market compared to 33 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 70507 save an estimated $4,850 compared to a typical 5% commission on the median listing price of $242,500. 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.