Lafayette County, LA Home Values & Market Trends

The median home price in Lafayette County, LA is $220,079.13. There were 3,332 home sales in Lafayette County, LA over the past 12 months. The median residential Lafayette County, LA home value for transactions over the previous year is $219,647.566. The number of current listings in Lafayette County, LA is 266, and the percentage of properties for sale is 266.00%. The county has 85 foreclosures, 10 bank owned properties, 41 headed for auction, and 266 properties for sale.

Lafayette County, LA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Lafayette

$ 241,099

$ 130/sqft

Scott

$ 126,473

$ 73/sqft

Youngsville

$ 276,729

$ 158/sqft

Duson

$ 240,111

$ 136/sqft

Broussard

$ 337,688

$ 166/sqft

Milton

$ --

$ --

Carencro

$ 229,900

$ 128/sqft

Housing Market Summary for Lafayette County, LA

Apr 2023March 2024Change
Median Listing Price$300K$209.3K-30.23%
Median Sold Price$215.4K$209.3K-2.82%
Homes For Sale17124643.86%
Homes Sold1,4881,277-14.18%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lafayette County, LA

Lafayette County, LA home values range from $19,425 to $13,393,690. Broussard is the priciest city with a median listing home price of $354,600, and Carencro is most affordable with average house prices of around $212,500.

Foreclosure
There are 7 cities within Lafayette County, LA; within these cities, the median estimated home value for homes in foreclosure ranges from $282,633 in Lafayette to the lowest value of $44,349 in Lafayette. Foreclosure homes account for 0.00% of properties in Lafayette County, LA with Lafayette containing 57 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Lafayette County, LA with Lafayette containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Lafayette County, LA; of those cities, the estimated home value for pre-foreclosure homes ranges from $802,137 in Broussard to the lowest home value of $44,349 in Lafayette.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lafayette County, LA ranges from the highest value of $243,500 in Carencro to the lowest value of $86,107 in Lafayette. Bank owned homes and properties account for 0.01% of properties in Lafayette County, LA. There are 7 cities within Lafayette County, LA; Lafayette containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Lafayette has 23 auction properties, the highest number of properties going to auction in a single city in the state of Lafayette County, LA. Auction homes and other auction properties account for 0.05% of all properties in Lafayette County, LA. There are 7 cities within Lafayette County, LA; of those cities, the median estimated home value for homes going to auction ranges from $799,000 in Duson to the lowest value of $51,338 in Duson.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Lafayette County, LA with Lafayette containing 176 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Lafayette County, LA; homes for sale in those cities, have a range of median values from $885,000 in Youngsville to the lowest value of $29,900 in Lafayette.
    Sold Homes
    The median value for recently sold homes ranges from $858,415 in Broussard to the lowest price of $20,750 in Broussard. There are 7 cities within Lafayette County, LA. Lafayette has 898 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.64% of properties in Lafayette County, LA.

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      Guide for Lafayette County, LA

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports|posted 18 March 2024

      The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.

      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.