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Lafayette Parish, LA home prices

Lafayette Parish, LA: the typical home is worth $238,610 as of 2026-05, up +2.5% over the past year and n/a since 2000. Listings run about $165/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Lafayette Parish is cooling and fairly valued — very affordable for what people here earn.

Momentum+2.5%Cooling
Valuation-9%Fair value
Affordability9/10Very affordable
Market76 daysBuyer's market

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $59,271 → 2026: $238,610 (4.0×) pre-2000 estimated via FHFA index

Typical value$238,6102026-05
1-year+2.5%
5-year+9.4%
10-year+11.5%
Since 2000n/a
Population254k2024
Median income$64,1812023 · 3.7× income
Median rent$1,373/mo2026 · 6.9% gross yield
New homes/yr1,5922024
Price / sq ft$165listings
Days on market762026-06
Active listings1,1392026-06
Price cuts21%of listings

Market read

At $238,610, homes in Lafayette Parish sit 37% above the Louisiana median ($174,267) and 2% above the US median ($233,954). That ranks #11 of 64 Louisiana counties by price.

Prices are holding steady (+2.5% in the last year) — a balanced market.

Homes here take a while to sell — a median 76 days on the market, with 21% of listings cutting their asking price.

At 3.7× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Buying looks cheaper than renting — ~$1,178/mo to buy (P&I, 20% down) vs $1,373/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Acadia Parish, LA ($156,514) · Saint Landry Parish, LA ($133,551) · Saint Martin Parish, LA ($175,895) · Vermilion Parish, LA ($161,498) · Evangeline Parish, LA ($102,561) · Iberville Parish, LA ($177,153)

Frequently asked questions

What is the average home price in Lafayette Parish, LA?
The typical home in Lafayette Parish is worth $238,610 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Lafayette Parish rising or falling?
Prices are up +2.5% over the past year and n/a since 2000 — a balanced market.
Is Lafayette Parish affordable?
At 3.7× the local median income of $64,181, Lafayette Parish is more affordable than the typical US county.
What is the rental yield in Lafayette Parish?
Median rent is $1,373/mo — a gross rental yield of 6.9% on the typical home.
How fast do homes sell in Lafayette Parish?
Homes here take a median of 76 days to sell, with 21% of listings cutting their asking price.
Median home value by year
YearMedian home value
2003$166,901
2004$175,398
2005$176,121
2006$198,715
2007$205,187
2008$207,241
2009$198,771
2010$196,325
2011$186,792
2012$187,988
2013$198,334
2014$204,613
2015$211,186
2016$208,051
2017$208,916
2018$207,876
2019$209,999
2020$215,612
2021$225,099
2022$243,314
2023$240,214
2024$235,405
2025$233,267