45Alpha

Lafayette Parish, LA Housing Market Brief

county · LA · score computed October 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%
●14
Inventory Health25%
●66

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●26
Economic Strength20%
●74
Rental Yield15%
●40

Where is Lafayette Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Lafayette Parish, LA is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Lafayette Parish, LA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Lafayette Parish, LA housing market data

MetricValueYoYSource
Median Sale Price$254K▲ +3.9%Redfin
Median Days on Market61 days▲ +27.1%Redfin
Months of Supply4.5▲ +2.3%Redfin
Homes for Sale1,248▲ +5.7%Redfin
Homes Sold278▲ +2.6%Redfin
Median Price / Sq Ft$148▲ +0.8%Redfin

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

Now: 45
2-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?

In the scores computed October 2026, Lafayette Parish, LA is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, building, 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 $254K, having risen 3.9% over the past year, according to Redfin.

How affordable is Lafayette Parish, LA?

Lafayette Parish, LA scores 26 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 (74/100) and its weakest is Price Momentum (14/100). 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.