Lafayette, LA 70501 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Lafayette, LA — 70501
Market Hotness
15
Hotness Rank
#12,654
Hotness Score
15
Supply Score
1
Demand Score
29
DOM vs US
+63.8%
Slower
Price vs US
31%
Below avg
Median Listing Price
$134K
Population
26,465
Households
112,184
Median Days on Market
117
Active Listings
96
New Listings
22
Housing Market
Pricing
Median Listing Price
$134K
-17.8% YoY
Average Listing Price
$155K
-20.3% YoY
Price per Sq Ft
$102
-9.2% YoY
Median Sq Ft
1,232
-8.5% YoY
Inventory
Active Listings
96
+37.1% YoY
New Listings
22
+57.1% YoY
Total Listings
118
+26.9% YoY
Buyer Competition
Pending Listings
22
-4.3% YoY
Pending Ratio
0.23
-9.9% YoY
Median Days on Market
117
+45.9% YoY
Price Reduced
21.2%
+8.6% YoY
FY2026 Fair Market Rent — Lafayette Parish
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$779
/month
1 BR
$898
/month
2 BR
$1,019
/month
3 BR
$1,301
/month
4 BR
$1,581
/month
FMR Trends — Lafayette Parish
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
36.5
2024
Population
ZIP Population
26,465
-1.8% YoY
Lafayette Parish Population
254,241
+1.5% YoY
Households
Total Housing Units
112,184
+1.6% YoY
Age
2024 Age Mix
248K
residents
Under 18
59,948
24.2%
Adults 18–64
151,581
61.1%
65 & Over
36,468
14.7%
Age Composition Over Time
2017–2024
Population Under 18
59,948
+1.1% YoY
Population 65 & Over
36,468
+3.9% YoY
Median Age
36.50
+0.3% YoY
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