How much does it cost to buy a house in Lafayette, LA?

In May 2026 Lafayette homes were listed to buy for a median price of $260K, which is a 3% decrease to April 2025 last month, and a 3% decrease to May 2025 last year. The median value of a home listed to buy in Lafayette in May 2026 was $145 per sqft, which is a 4% decrease to April 2025 last month, and a 3% decrease to May 2025 last year.

Is it affordable or expensive to live in Lafayette, LA?

It is affordable to live in Lafayette. Buying a home in Lafayette is 1% less expensive compared with the national average.

Is it a good time to buy property in Lafayette, LA?

Yes now is a good time to buy property in Lafayette, in May 2026, homes in Lafayette have decreased in value (price per sqft) by 3% in the last year compared with May 2025.

Is the Lafayette, LA housing market slowing down?

In May 2026, homes to buy in Lafayette spent an median 109 days on the market, a same May 2025 last year.

How much money should I make to buy a house in Lafayette, LA?

In May 2026, Lafayette homes were listed to buy for a median price of $260K, with 25% down you would need $1.36K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $46.8K.

Is it a good time to sell my house in Lafayette, LA?

Yes now is a good time to sell your house in Lafayette, in May 2026, homes in Lafayette have decreased in value (price per sqft) by 3% in the last year compared with May 2025.

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Lafayette, LA Real Estate Snapshot

List Price

$259,900

$/Sqft

$145

Homes For Sale

1,111

Home Size

1,800 Sqft

Days on Movoto

103

Frequently Asked Questions about Lafayette, LA

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