Why Live in Larabee
Larabee, a neighborhood in Lafayette, Louisiana, offers a blend of urban convenience and natural beauty. Located northeast of downtown and close to Interstates 10 and 49, Larabee provides easy access to various parts of the city. Homes in this area, which include ranch-style, bungalow, cottage-style, and modern contemporary designs, often back up to the 150-acre Acadiana Park Nature Station. This park features several trails for observing local plants and wildlife, emphasizing the importance of nature preservation. Mouton Park, another local attraction, offers a playground, picnic shelters with grills, and courts for tennis and basketball within its 6 acres of green space.
While Larabee has many appealing aspects, potential homebuyers should be aware of the flood risks due to hurricanes and prolonged rains, necessitating separate flood insurance. The Lafayette Parish School District serves the area, though the local schools have mixed ratings. Shopping is convenient with the Stirling Lafayette Shopping Center nearby, featuring stores like Target, Ross, and Petco. For groceries, Stop and Buy and its seafood store on Carmel Drive are accessible options. Although walkability is limited for long distances, a few bus stops along Louisiana Avenue and Willow Street provide some public transportation options. The nearest medical facility, Ochsner University Hospital, is 6 miles away.
Home Trends in Larabee, LA
On average, homes in Larabee, Lafayette sell after 45 days on the market compared to the national average of 70 days. The median sale price for homes in Larabee, Lafayette over the last 12 months is $319,000, down 46% from the median home sale price over the previous 12 months.
Median Sale Price
$319,000
Median Single Family Sale Price
$529,990
Average Price Per Sq Ft
$333
Number of Homes for Sale
6
Last 12 months Home Sales
17
Median List Price
$535,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-46%