Lafayette, LA 70506 Housing Market
- Active listings84currently for sale
- Pending sales10under contract
- Median asking price$232,000current listings
- Listing age93 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)277a tracked sample, not a market total
- Median sold price$235,000last 6 months
- Middle half of sold prices$187k to $279k25th to 75th percentile
What the numbers say
As of October 26, 2026, Resideline is tracking 84 active listings and 10 pending sales in ZIP code 70506. That pending-to-active ratio of 0.12 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.
The median asking price of current listings is $232,000, while the median of the 277 closed sales Resideline tracked over the last six months was $235,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 70506 for 93 days.
Frequently asked questions
What is the median home price in 70506?
The median closed sale price in Lafayette, LA 70506 was $235,000 over the last six months, based on 277 closed sales tracked by Resideline. The middle half of those sales ranged from $187,000 to $279,000.
Is 70506 a buyer's or seller's market?
Resideline is currently tracking 10 pending sales against 84 active listings in 70506, a pending-to-active ratio of 0.12. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 70506 is currently a typical-pace market.
Nearby ZIP code market data
- 70508 Lafayette, LA
- 70503 Lafayette, LA
- 70507 Lafayette, LA
- 70726 Denham Springs, LA
- 70592 Youngsville, LA
- 70810 Baton Rouge, LA
- 70115 New Orleans, LA
- 70119 New Orleans, LA
- 70122 New Orleans, LA
- 70124 New Orleans, LA
Running a deal in 70506? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address
Run any 70506 address through Resideline