Lafayette Parish, LA Housing

The housing market in Lafayette, LA County is performing well and looks to be a great investment. The median value of houses in the county is currently $211,700, which is slightly below the national median value of $338,100. However, the appreciation rate for homes within the last year has been 10.21%, which is higher than the US average of 8.27%. This indicates that real estate prices are increasing in Lafayette, LA County and could be a great opportunity for those looking to invest in the area.

The median home cost in Lafayette County is $211,700. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Lafayette County is up 12.5%.

Average Age of Homes

- The median age of Lafayette County real estate is 33 years old

The Rental Market in Lafayette County

- Renters make up 32.6% of the Lafayette County population
- 2.6% of houses and apartments in Lafayette County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lafayette, Louisiana	United States
	106,978.0	139,647,020.0
	34	42
	$211,700	$338,100
	12.5%	16.6%
	28.4%	57.0%
	40.3%	101.1%
	$5.88	$10.98
	$1,148	$2,690
	59.4%	57.4%
	10.6%	11.2%
	30.0%	31.4%
Vacant Housing
	2.6%	1.9%
	1.1%	0.4%
	1.1%	0.7%
	0.6%	0.4%
	1.1%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	2.9%	2.4%
	2.9%	2.8%
	3.5%	3.9%
	3.9%	4.5%
	12.8%	11.3%
	22.2%	13.0%
	25.9%	20.1%
	11.3%	13.6%
	4.9%	8.3%
	3.7%	9.7%
	1.0%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.4%	13.6%
	14.4%	13.6%
	12.4%	13.6%
	18.1%	13.2%
	17.1%	14.8%
	12.4%	13.6%
	7.0%	10.0%
	2.5%	4.7%
	2.3%	12.2%

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