Homes for Sale Under 500K in Lafayette, LA

1,771 Homes for Sale

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Lafayette, LA Housing Market Overview

Lafayette is a balanced market, giving buyers and sellers room to negotiate. With 5.1 months of supply and homes averaging 59 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

59

Inventory

1,771

Aug 2021May 2024Jul 2026

Median Home Price

$260,000Up 3.54%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
1,771 Up 6.27%
Newly Listed Homes
185 Up 6.94%
Months of Supply
5.1 Up 17.08%

Housing Demand

Homes Sold
167 Down 9.24%
Sale-to-List Ratio
98.7% Up 1.31%
Homes Sold Above List
12.7% Up 29.37%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Lafayette Market Report
No. of Homes
Prices
Days on Market
Homes for Sale New Orleans
2,838
$350,000
65
Homes for Sale Jefferson
1,879
$205,765
-
Homes for Sale Metairie
624
$325,000
53
Homes for Sale Covington
592
$391,356
55
Homes for Sale Baton Rouge
104
$272,500
59
Homes for Sale Avondale
21
$271,090
57
  • mls-img
    Based on information from the Realtor® Association of Acadiana through Sep 21, 2026, 11:30 PM. All Information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026. Multiple Listing Service of the REALTOR® Association of Acadiana. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from the ROAM MLS through Sep 21, 2026, 11:30 PM. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 ROAM MLS. All Rights Reserved.

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Lafayette, LA Housing Marketlink qauare
Homes Available icon

1,771

Homes Available

Median List Price icon

$ 260,000

Median List Price

Avg on Market icon

59 Days

Avg on Market

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