See the higher median price for November home listings in Lafayette Parish
The median home in Lafayette Parish listed for $298,000 in November, slightly up from the previous month's $296,450, an analysis of data from Realtor.com shows.
Compared to November 2024, the median home list price slightly decreased from $299,999.
The statistics in this article only pertain to houses listed for sale in Lafayette Parish, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.theadvertiser.com.
Lafayette Parish's median home was 1,869 square feet, listed at $163 per square foot. The price per square foot of homes for sale is down 1.7% from November 2024.
Listings in Lafayette Parish moved slowly, at a median 74 days listed compared to the November national median of 64 days on the market. In the previous month, homes had a median of 74 days on the market. Around 356 homes were newly listed on the market in November, a 29% increase from 276 new listings in November 2024.
The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
Across the Lafayette metro area, median home prices fell to $269,900, slightly lower than a month earlier. The median home had 1,864 square feet, at a list price of $152 per square foot.
In Louisiana, median home prices were $275,000, a slight decrease from October. The median Louisiana home listed for sale had 1,845 square feet, with a price of $151 per square foot.
Throughout the United States, the median home price was $415,000, a slight decrease from the month prior. The median American home for sale was listed at 1,820 square feet, with a price of $222 per square foot.
The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.
USA TODAY Co. is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.