Photo: TheLionHasSeen · CC BY-SA 4.01,408 homes sold in Lafayette in the last year, at a typical $246K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lafayette homes are listed.
Every place Lafayette homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lafayette.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
1% of Lafayette’s sales are condos, at $121K less than a house
1360 houses and 10 condos sold in the year to May 2026. Houses sell faster.
typical sale · 1360 sold in 12 months
- Per square foot
- $144LA $144
- Days to sell
- 59
- Sold over asking
- 10%
- Listings with a price cut
- 26%
typical sale · 10 sold in 12 months
- Per square foot
- $123LA $271
- Days to sell
- 110
- Sold over asking
- 10%
- Listings with a price cut
- 100%
Multi-family (2–4 units): 20 sold, typical $182K
Townhouses: 18 sold, typical $201K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.3 times the 2016 price
1,408 sales in the last year, against 2,184 in 2021 and a low of 1,144 in 2012. The typical sale went from $187K in 2016 to $246K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Lafayette
Check a listing against what Lafayette homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lafayette are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Lafayette’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,408 sales.
If you’re buying in Lafayette
- Shop in January. It brings about 157 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
- Offer under asking. Buyers paid 97% of the list price on average; 10% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 58 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 184 a month), and the most competition: 13% close over asking. January and February offer nearly as much choice with fewer homes bid up (7%). January has the least competition (7%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Louisiana as a whole
| Lafayette now | 2017–19 | 2021 peak | LA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 10% | 7% | 14% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 4% | 6% | 23% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 97% | 96.3% | 97.9% | 97% |
| Days to sellMedian days from listing to contract | 58 | 102 | 65 | 66 |
557 homes for sale on a typical day
That’s 1.6 times the 2022 low (352), 31% fewer than in 2017–19 and well under 2018’s 863.
1 in 4 listings has cut its price
26% in the last year, against — in 2017–19 and 25% across Louisiana.
Lafayette ranks 48th of 74 busy Louisiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lafayette is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lafayette home costs about $1,402 a month
Price: Lafayette’s typical sale, last 12 months. Property tax at Lafayette’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lafayette is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 106.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $246K home, about $1,420 a year.
Taxes vs. neighborsSchools
The schools grade for Lafayette, from test results, graduation and how much students grow.
Schools in LafayetteTypical commute
The average one-way trip to work for people who live in Lafayette.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Lafayette, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lafayette | 1,408 | $246K | $144 | 10% | 58 |
| Youngsville | 427 | $303K | $160 | 12% | 70 |
| Broussard | 316 | $287K | $159 | 11% | 66 |
| Carencro | 152 | $228K | $140 | 11% | 75 |
| Scott | 123 | $233K | $154 | 11% | 77 |
| Maurice | 105 | $247K | $146 | 7% | 87 |
| Milton | 37 | $279K | $149 | 27% | 75 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lafayette, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lafayette. People who follow the town see it, and so do people comparing Lafayette with their own town. No commission, no listing fee.
Questions about buying a home in Lafayette
What do homes sell for in Lafayette, LA?
1,408 homes sold in the year to May 2026 at a typical $246K, $144 a square foot. Houses sold for about $249K, condos for about $127K.
Is Lafayette a buyer’s or seller’s market?
A seller’s market: 527 homes were for sale in May 2026 and 137 sold, about 3.8 months of supply. Buyers paid 97% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Lafayette?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lafayette?
About 0.6% of a home’s value a year. On a $246K home that’s near $1,420.
Where can I see homes for sale in Lafayette?
Zillow, Redfin, Realtor.com and Homes.com all carry Lafayette’s MLS listings; the search links above open each one filtered to Lafayette.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).