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Is Lafayette, LA 70506 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lafayette is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score20/ 100

More competitive than 14% of U.S. ZIP codes, and #114 of 160 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.4Under 4 months = seller’s market
Sold above original list7.2%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$135▼ −2.6% vs. last year

Run the numbers for 70506

Prefilled for 70506Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70506Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Broussard 70518Balanced $154 /sq ftCarencro 70520Balanced $145 /sq ftDuson 70529Seller’s market $137 /sq ftLafayette 70501Balanced $79 /sq ft Browse all markets →

More tools for 70506

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology