70508 Home Values & Market Trends

There are 36 homes currently listed for 70508. 70508 real estate market trends show that home prices range from $174,000 to $1,500,000, and the median sales price in the 70508 zip code is $278,797.35. The total number of properties sold within the past twelve months is 632. In 70508, 11 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.

70508 Real Estate Market Overview

CityMedian Est. Value
Lafayette

$ 247,500

$ 132/sqft

Housing Market Summary for 70508

Apr 2023March 2024Change
Median Listing Price$329.9K$250K-24.22%
Median Sold Price$287.3K$250K-12.98%
Homes For Sale3333-
Homes Sold260238-8.46%
Price
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Homes For Sale
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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 70508

The median list price of a home in Lafayette, is $278,797.35. A total of 36 properties are for sale, and the percentage of properties for sale in the zip code is 36.00%. The total count of 70508 properties is 14,257.

Foreclosure
There is 1 cities within 70508; within this cities, the median estimated home value for homes in foreclosure ranges from $802,137 in lafayette to the lowest value of $44,349 in lafayette. Foreclosure homes account for 0.00% of properties in 70508 with lafayette containing 58 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in 70508 with lafayette containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 70508; of that cities, the estimated home value for pre-foreclosure homes ranges from $802,137 in lafayette to the lowest home value of $44,349 in lafayette.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 70508 ranges from the highest value of $243,500 in lafayette to the lowest value of $86,107 in lafayette. Bank owned homes and properties account for 0.01% of properties in 70508. There is 1 cities within 70508; lafayette containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lafayette has 24 auction properties, the highest number of properties going to auction in a single city in the state of 70508. Auction homes and other auction properties account for 0.04% of all properties in 70508. There is 1 cities within 70508; of that cities, the median estimated home value for homes going to auction ranges from $799,000 in lafayette to the lowest value of $56,172 in lafayette.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.25% of residential properties in 70508 with lafayette containing 167 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 70508; homes for sale in that cities, have a range of median values from $1,800,000 in lafayette to the lowest value of $29,900 in lafayette.
    Sold Homes
    The median value for recently sold homes ranges from $4,834,714 in lafayette to the lowest price of $25,954 in lafayette. There is 1 cities within 70508. lafayette has 924 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.85% of properties in 70508.

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      Guide for 70508

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      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.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes 70508

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