Why Live in Mimosa Place
                
                    
                    
                        Mimosa Place in Lafayette, La., is a densely populated, mixed-use neighborhood with a primarily residential core surrounded by major roadways featuring various restaurants, grocery stores, and shopping centers. The neighborhood is close to the University of Louisiana at Lafayette's Cajun Field and Cajundome, the Convention Center, and Ochsner University Hospital & Clinics. Housing options in Mimosa Place include single- and multi-family homes, apartments, condos, cottages, and ranch-style residences, with traditional and Creole-inspired architectural styles. Mature trees and manicured lawns add to the neighborhood's charm. Students have access to a range of private, parochial, and public schools, including Lafayette High School, which is highly rated in the state. Moncus Park, a nearby 100-acre green space, offers lush landscapes, a stocked pond, a family treehouse, an inclusive playground, and various events like Food Truck Fridays and the Lafayette Farmers & Artisans Market. Dining options in Mimosa Place include Alesi Pizza House, known for its homemade sauces and Italian classics, and Judice Inn, famous for its burgers and secret sauce. The neighborhood provides a suburban feel while being centrally located in Lafayette, with crime rates lower than the national average.
                    
                
            
        
                
                
                        
Frequently Asked Questions
                    
                            
                                Is Mimosa Place a good place to live?
                            Mimosa Place is a good place to live. Mimosa Place is considered somewhat walkable and bikeable. Mimosa Place is a suburban neighborhood. Mimosa Place has 6 parks for recreational activities. It is somewhat dense in population with 6.9 people per acre and a median age of 35. The average household income is $60,463 which is below the national average. College graduates make up 46.9% of residents. A majority of residents in Mimosa Place are renters, with 53.7% of residents renting and 46.3% of residents owning their home. A 
local real estate agent serving Mimosa Place can help you decide if this neighborhood is the right one for you. Learn more on our 
Mimosa Place neighborhood guide.
 
                             
                            
                                How much do you need to make to afford a house in Mimosa Place?
                            The median home price in Mimosa Place is $170,000. If you put a 20% down payment of $34,000 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K a year to afford the median home price in Mimosa Place. The average household income in Mimosa Place is $60K.
                             
                            
                                What are the best public schools in Mimosa Place?
                            The best public schools that serve Mimosa Place are:
 
                             
                            
                                What are the best private schools in Mimosa Place?
                            The best private schools that serve Mimosa Place are:
 
                             
                            
                                What are the most popular zip codes in Mimosa Place, Lafayette, LA?
                            
                             
                            
                                What are the most popular neighborhoods near Mimosa Place, Lafayette, LA?
                            
                             
                            
                                Are home prices dropping in Mimosa Place?
                            Yes, home prices in Mimosa Place are down 32% in the last 12 months.
                             
                
        
    
        Home Trends in Mimosa Place, LA
           On average, homes in Mimosa Place, Lafayette sell after 48 days on the market compared to the national average of 53 days. The median sale price for homes in Mimosa Place, Lafayette over the last 12 months is $159,900, down 33% from the median home sale price over the previous 12 months. 
		
			
    
            
                
                    
                            Median Sale Price
                            $159,900
                     
                 
                    
                        
                                Median Single Family Sale Price
                                $157,500
                         
                     
             
            
                
                    
                            Median Townhouse Sale Price
                            $195,000
                     
                 
                    
                        
                                Average Price Per Sq Ft
                                $113
                         
                     
             
            
                
                    
                            Number of Homes for Sale
                            10
                     
                 
                    
                        
                                Last 12 months Home Sales
                                27
                         
                     
             
            
                
                    
                        
                                Median List Price
                                $170,000
                         
                     
             
            
                
                    
                            Median Change From 1st List Price
                            5%
                     
                 
                    
                        
                                Median Home Sale Price YoY Change
                                -33%