Lafayette, LA 70507 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Lafayette, LA — 70507
Market Hotness
36
Hotness Rank
#9,166
Hotness Score
36
Supply Score
38
Demand Score
35
DOM vs US
+4.5%
Slower
Price vs US
60%
Below avg
Median Listing Price
$256K
Population
20,096
Households
112,184
Median Days on Market
58
Active Listings
60
New Listings
22
Housing Market
Pricing
Median Listing Price
$256K
+2.7% YoY
Average Listing Price
$331K
+4.1% YoY
Price per Sq Ft
$139
-6.9% YoY
Median Sq Ft
1,818
+8.4% YoY
Inventory
Active Listings
60
+19.0% YoY
New Listings
22
-38.9% YoY
Total Listings
95
-3.1% YoY
Buyer Competition
Pending Listings
35
-23.9% YoY
Pending Ratio
0.59
-33.2% YoY
Median Days on Market
58
-7.6% YoY
Price Reduced
22.5%
+10.7% 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
20,096
+4.6% 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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