Explore Lafayette
Explore Similar Condos Within 25 Miles of Lafayette, LA
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Why Live in Lafayette
Lafayette's rich Cajun and Creole heritage comes alive through its vibrant cultural attractions and culinary scene. Residents can explore living history at Vermilionville, a folklife park showcasing authentic 18th and 19th-century Acadian culture along the Bayou Vermilion. The downtown area buzzes with activity at venues like the Acadiana Center for the Arts and Sans Souci Fine Crafts Gallery. Food lovers flock to renowned restaurants like Prejean's for award-winning gumbo and live Zydeco music, or The French Press for creative Southern brunch. Outdoor recreation spans from alligator spotting at Lake Martin to Saturday farmers markets at the 100-acre Moncus Park.
The housing market provides options across price points. The median sale price for homes in Lafayette is $242,000. Single-family homes in River Ranch command a median price of $711,000, while similar homes in the Saints Streets neighborhood have a median price of $243,000. Townhomes throughout the city have a median price of $174,000. One-bedroom condos have a median price of $87,000, while two-bedroom condos have a median price of $127,500.
Lafayette's cost of living sits 12.7% below the national average. A family with school-age children needs approximately $92,000 annually to live comfortably, while renters require about $49,000. The combined sales tax rate is 10.12%. Top-rated schools include Early College Academy and Ascension Episcopal School. The University of Louisiana at Lafayette adds to the educational landscape. The humid subtropical climate features mild winters with temperatures from the mid-40s to mid-60s Fahrenheit and warm summers ranging from the mid-70s to mid-90s Fahrenheit.
Home Trends in Lafayette, LA
On average, homes in Lafayette, LA sell after 80 days on the market compared to the national average of 53 days. The median sale price for homes in Lafayette, LA over the last 12 months is $248,000, up 4% from the median home sale price over the previous 12 months.
Housing Trends
Popular Home Searches in Lafayette, LA
In Lafayette, buyers often seek Southern charm, outdoor amenities, and practical features suited for Louisiana living.
- Want to enjoy the sunshine? Check out homes with a porch or patio for shaded relaxation.
- Prefer ground-level living? Browse single-story homes or easy-to-maintain ranch-style homes.
- Need room for gatherings? Consider homes with a kitchen island or fireplaces.
- Love traditional style? Search for colonial style or farmhouse style architecture.
- Need extra parking or workspace? Explore listings with garages or corner lot locations.