Lafayette, LA 70503 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Lafayette, LA — 70503
Market Hotness
34
Hotness Rank
#9,610
Hotness Score
34
Supply Score
14
Demand Score
55
DOM vs US
+23.8%
Slower
Price vs US
79%
Below avg
Median Listing Price
$339K
Population
28,643
Households
112,184
Median Days on Market
77
Active Listings
122
New Listings
46
Housing Market
Pricing
Median Listing Price
$339K
-8.5% YoY
Average Listing Price
$565K
+6.7% YoY
Price per Sq Ft
$163
+4.5% YoY
Median Sq Ft
2,161
-1.8% YoY
Inventory
Active Listings
122
-11.9% YoY
New Listings
46
+4.5% YoY
Total Listings
170
-6.6% YoY
Buyer Competition
Pending Listings
47
+13.3% YoY
Pending Ratio
0.39
+8.6% YoY
Median Days on Market
77
+19.5% YoY
Price Reduced
14.9%
-13.3% 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
28,643
-0.8% 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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