Is Lafayette, LA 70503 a buyer’s or seller’s market?
Lafayette is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.7Under 4 months = seller’s market
Sold above original list5.7%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$144▼ −3.2% vs. last year
Run the numbers for 70503
Nearby markets
Broussard 70518Balanced $154 /sq ftCarencro 70520Balanced $145 /sq ftDuson 70529Seller’s market $137 /sq ftLafayette 70501Balanced $79 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology