46Alpha

Lafayette Parish, LA Housing Market Brief

county · LA · as of May 2026

Balanced

What is Lafayette Parish, LA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-1.440
Inventory Health25%
+5.248
Affordability20%
25
Economic Strength20%
-4.275
Rental Yield15%
39

Where is Lafayette Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Lafayette Parish, LA is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Lafayette Parish, LA housing market data

MetricValueYoY
Median Sale Price$256K▲ +1.2%
Median Days on Market44 days-6.4%
Months of Supply3.60%
Homes for Sale1,120▲ +0.8%
Homes Sold308▲ +0.3%
Median Price / Sq Ft$148-0.6%
Sale-to-List Ratio98.2%-0.1%

How has Lafayette Parish, LA’s Alpha Score moved?

Now: 46
3-period trend
Median sale price · 12 mo

Markets like Lafayette Parish, LA

Frequently asked questions

Is Lafayette Parish, LA a buyer's or seller's market?

As of May 2026, Lafayette Parish, LA is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Lafayette Parish, LA?

The median sale price in Lafayette Parish, LA is $256K, having risen 1.2% over the past year.

How affordable is Lafayette Parish, LA?

Lafayette Parish, LA scores 25 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Lafayette Parish, LA's Alpha Score?

Lafayette Parish, LA's strongest dimension is Economic Strength (75/100) and its weakest is Affordability (25/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Lafayette Parish, LA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.