Lafayette, LA 70508 Real Estate & Property Data

Lafayette, LA 70508 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 637 residential properties have been sold over the past 12 months in 70508. With a median sales price of $304,950 in 70508 and a total of 1 foreclosures in Lafayette, LA 70508. Discover market trends and get the granular level real estate data for Lafayette, LA 70508 to keep your pulse on the housing market. Curate compelling home reports for Lafayette, LA 70508 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lafayette, LA 70508 Real Estate Market Trends
Total Residential Properties 14,173
Total Commercial Properties 1,310
Avg. Home Age (Single Family Home) 28 Years
Avg. Square Feet (Single Family Home) 2,232
Total 2024 Residential Sales (year-to-date) 67
% of Homes Seriously Underwater (Q2 2024) 2.92%
Total 2023 Residential Sales 605
% of Equity Rich Homes (Q2 2024) 21.2%
Effective 2023 Property Tax 0.64%
Total Foreclosure Filings (year-to-date) 2
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Lafayette, LA 70508 Real Estate Overview

There were 637 residential properties sold in the past year in Lafayette, LA 70508. The median home value in Lafayette, LA 70508 is $279,098. There are a total of 14,173 residential properties in the 70508.

Median Sales Price i
$304,950
(Feb 2024)
+10.2%
year-over-year
y-o-y
  • February '24 Feb '24 $304,950
  • January '24 Jan '24 $270,000
  • December '23 Dec '23 $269,000
  • November '23 Nov '23 $272,500
  • October '23 Oct '23 $255,000
  • September '23 Sep '23 $292,000
  • August '23 Aug '23 $280,000
  • July '23 Jul '23 $320,000
  • June '23 Jun '23 $303,000
  • May '23 May '23 $305,000
  • April '23 Apr '23 $288,000
  • March '23 Mar '23 $260,000
Median Down Payment i
$36,043
(Feb 2024)
-20.8%
year-over-year
y-o-y
  • February '24 Feb '24 $36,043
  • January '24 Jan '24 $11,250
  • December '23 Dec '23 $12,425
  • November '23 Nov '23 $60,000
  • October '23 Oct '23 $66,750
  • September '23 Sep '23 $47,500
  • August '23 Aug '23 $24,000
  • July '23 Jul '23 $21,250
  • June '23 Jun '23 $50,800
  • May '23 May '23 $28,800
  • April '23 Apr '23 $50,431
  • March '23 Mar '23 $63,000
Number of Homes Sold i
32
(Feb 2024)
-22%
year-over-year
y-o-y
  • February '24 Feb '24 32
  • January '24 Jan '24 35
  • December '23 Dec '23 50
  • November '23 Nov '23 45
  • October '23 Oct '23 46
  • September '23 Sep '23 54
  • August '23 Aug '23 62
  • July '23 Jul '23 53
  • June '23 Jun '23 66
  • May '23 May '23 56
  • April '23 Apr '23 44
  • March '23 Mar '23 53
Number of Purchase Loans i
18
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 20
  • December '23 Dec '23 25
  • November '23 Nov '23 27
  • October '23 Oct '23 27
  • September '23 Sep '23 35
  • August '23 Aug '23 50
  • July '23 Jul '23 42
  • June '23 Jun '23 53
  • May '23 May '23 46
  • April '23 Apr '23 42
  • March '23 Mar '23 51
Number of REFI Loans i
21
(Feb 2024)
+40%
year-over-year
y-o-y
  • February '24 Feb '24 21
  • January '24 Jan '24 12
  • December '23 Dec '23 12
  • November '23 Nov '23 14
  • October '23 Oct '23 21
  • September '23 Sep '23 6
  • August '23 Aug '23 22
  • July '23 Jul '23 9
  • June '23 Jun '23 21
  • May '23 May '23 14
  • April '23 Apr '23 11
  • March '23 Mar '23 12
Number of HELOC Loans i
14
(Feb 2024)
-22.2%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 8
  • December '23 Dec '23 13
  • November '23 Nov '23 10
  • October '23 Oct '23 15
  • September '23 Sep '23 9
  • August '23 Aug '23 10
  • July '23 Jul '23 17
  • June '23 Jun '23 17
  • May '23 May '23 19
  • April '23 Apr '23 18
  • March '23 Mar '23 12

Lafayette, LA 70508 Foreclosure Activity

There were a total of 1 Lafayette, LA 70508 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 4
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 3
  • March '23 Mar '23 4
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 4
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 3
  • March '23 Mar '23 4
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 2
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