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Lafayette housing market: home prices, trends and forecast

Lafayette home prices: the Zillow Home Value Index valued a typical home in Lafayette, Louisiana at $224,537 in September 2026. That was +1.9% from a year earlier and −3.2% below the $232,036 peak in November 2022.

Typical value for a home
$224,537
September 2026, Zillow ZHVI
Change over 12 months
+1.9%. Change since September 2025.
Change over 10 years
+11.5%. Change over the period starting September 2016.
Multiple from 2003 onward
×1.4. Using $158,386 as the base.
Market time for a home
81
Realtor.com for the Lafayette, LA metro.

Lafayette home prices since 2000

Lafayette appears on the steel line, while the United States appears on the grey line. Lafayette's typical home rose from $158,386 in September 2003 to $224,537, a ×1.42 change, while the US rose ×2.32 over the same months. The boom high was $200,670 in July 2008; the low came in February 2012 at $179,378, a change of −10.6%.

$150k$200k$250k$300k$350k$400k20052010201520202025Sep 2003 · $158,386$366,157$224,537Sep 2026LafayetteUnited States$150k$200k$250k$300k$350k$400k20102020Sep 2003 · $158k$366k$225kSep 2026
The Zillow Home Value Index covers a typical home and is smoothed and seasonally adjusted. Zillow Research data
September 2003 · $158,386

Lafayette median home price by year

Each yearly figure averages the twelve monthly values; the 2026 figure shows the latest month.

YearLafayetteChange on the yearUnited States
2004$163,605$169,891
2005$169,011+3.3%$189,732
2006$187,146+10.7%$206,531
2007$196,169+4.8%$208,449
2008$198,552+1.2%$195,574
2009$192,096−3.3%$177,542
2010$188,910−1.7%$171,462
2011$182,589−3.3%$162,508
2012$182,201−0.2%$161,137
2013$192,683+5.8%$171,420
2014$198,397+3.0%$182,996
2015$202,296+2.0%$192,738
2016$204,661+1.2%$204,509
2017$201,899−1.3%$216,767
2018$201,351−0.3%$230,541
2019$203,007+0.8%$242,088
2020$207,229+2.1%$257,151
2021$213,442+3.0%$295,959
2022$229,444+7.5%$340,014
2023$229,3630%$348,160
2024$225,680−1.6%$359,751
2025$221,184−2.0%$362,959
September 2026$224,537+1.9%$366,157

Current value of a Lafayette home bought in any year

This is an index-based estimate for a typical home, rather than an appraisal.

Each yearly figure averages its twelve monthly index values; the current value is September 2026. Other options: home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Some links, including this one, may pay the site, and no number changes as a result. Disclosure.

Lafayette housing market forecast

Zillow's forecast puts the Lafayette, LA metro up +0.9% over the 12 months starting September 2026, with 0% for the three months that come next. Using Lafayette's typical value of $224,537, the forecast points to about $226,600 a year on.

What appears here restates Zillow's own central estimate for the metro; the site offers no forecast of its own. Such 12-month forecasts have typically been off by several percentage points, in both directions. This is not investment advice.

All metro forecasts sit in one table: housing market forecast.

Lafayette housing market crash risk score

Score: 24 of 100, moderate

Lafayette is ranked among the 292 cities on this score, which uses five conditions that ran high ahead of earlier price falls. Each input receives a score from 0 to 100 compared with the other cities. The five scores are then averaged with equal weight. It shows current conditions; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019−19.9%2020%
Market time for a home vs 2019−5.8%2620%
Price-to-rent ratio14.11820%
Price-to-income ratio3.82220%
12-month price change+1.9%3420%

This is not investment advice. Input scoring details: scoring method. Rankings for all 292 cities: city crash risk rankings.

Lafayette inventory and days on market

In September 2026 the Lafayette, LA metro listed 1,534 homes for sale, up 4.1% from a year earlier and down 19.9% from the same month in 2019. The median listing sold after 81 days (−5.8% against 2019); price cuts affected 22.1% of listings.

Lafayette, LA metro, September 2026ValueOn a year
Active listings1,534+4.1%
New listings386
Median days on market81+12.6%
Median list price$262,500−3.1%
Share with a price cut22.1%

Realtor.com® Economic Research, metro inventory. Market data from Realtor.com. For every metro: days on market by city.

Rental and living costs in Lafayette

The Zillow Observed Rent Index places Lafayette's typical asking rent at $1,329 a month, +0.6% over a year. A typical home costs the equivalent of 14.1 years of that rent. A year's income is $59,445 at the median household level (Census ACS 2024), while a typical home costs 3.8 times as much. BEA gives the metro a price index of 87.2, compared with a US average of 100, and a housing cost index of 58.8.

More housing markets in Louisiana

For statewide figures, see Louisiana housing market.

How to read the chart

Every point shows the Zillow Home Value Index for Lafayette: the smoothed and seasonally adjusted value, in that month's dollars, for a home typical of the market's middle third. On the slider, the hollow dot identifies the selected month, while the terracotta dot shows the latest month. These figures do not adjust for inflation, and an index tracks the typical home rather than one particular house: to work out what a single home is worth, use its own sale price with the card just above it, or with the home appreciation calculator.