Start Free
All market snapshots / 70508

Lafayette, LA 70508 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Lafayette, LA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 7878PendingPending sales: 1010
Lafayette, LA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $319k$319kSoldMedian sold price (last 6 months): $325k$325k
What homes actually sell for in Lafayette, LA
Distribution of 344 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $240k to $499k
$168k to $281k: 107 sales107sales$168k$281k to $395k: 89 sales$395k to $508k: 51 sales$395k$508k to $622k: 29 sales$622k to $735k: 12 sales$622k$735k to $848k: 5 sales$848k to $962k: 6 sales$848k$962k to $1.08M: 10 salesMedian $325k

What the numbers say

As of October 5, 2026, Resideline is tracking 78 active listings and 10 pending sales in ZIP code 70508. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $319,000, while the median of the 344 closed sales Resideline tracked over the last six months was $325,000. 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 70508 for 76 days.

Frequently asked questions

What is the median home price in 70508?

The median closed sale price in Lafayette, LA 70508 was $325,000 over the last six months, based on 344 closed sales tracked by Resideline. The middle half of those sales ranged from $240,000 to $499,000.

Is 70508 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 78 active listings in 70508, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 70508 currently looks like a balanced market.

Nearby ZIP code market data

Run any 70508 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.