Lafayette, Louisiana · Lafayette Parish
Selling a home in Lafayette, LA
Lafayette homes sold for a median of $249,000 over July through September 2026, down 0.2% from a year earlier, in a median of 41 days and at 97.1% of list price (ROAM MLS). Lafayette Parish exempts the first $75,000 of market value once homestead is filed and never makes you renew it, and its assessment freeze covers disabled veterans at a 50% rating as well as owners 65 and older. Tax notices go out in November and are due December 31.
Reviewed by Nicole Gaudet, REALTOR®
Updated October 3, 2026 · Market data refreshed monthly
Lafayette market
What homes are actually doing
Median sale price and speed of sale, next to the markets Lafayette sellers compare against. Each row carries its own period — they are not all the same window.
| Area | Median sale price | vs. last year | Days on market | Sale-to-list |
|---|---|---|---|---|
| Lafayette | $249,000 | −0.2% | 41 | 97.1% |
| Baton Rouge (city) | $269,000 | +5.5% | 30 | 97.2% |
| Houma | $250,000 | — | 48 | 97.4% |
Source: ROAM MLS closed residential sales, July 1 – September 30, 2026, compared with the same period of 2025. Based on information from the ROAM MLS for the period 07/01/2026 through 09/30/2026. Updated monthly.
Sources: ROAM MLS closed sales, July through September 2026; U.S. Census Bureau QuickFacts. Owner-estimated value and actual sale price measure different things and will not match.
Neighborhoods and subdivisions we get asked about here:
Property tax
Homestead, freezes and when the bill lands
Lafayette Parish publishes these. Where the parish does not publish a figure, we say so instead of guessing — an out-of-date number costs you more than a missing one.
Homestead exemption
The first $7,500 of assessed value - $75,000 of market value - is exempt from state, parish and special ad valorem taxes, on up to 160 acres. The assessor is explicit that it covers the pool, outdoor kitchen and storage buildings on your homestead, but not a second house or a commercial building on the same land.
How you file it
Permanent once granted - no annual renewal for as long as you own and live there. The assessor does not publish a filing deadline.
When the bill comes
Roughly 100,000 tax notices go out every November, due December 31 to avoid penalty.
Freezes and extra exemptions
The special assessment level freezes your assessed value if you are 65 or older, permanently and totally disabled by court or agency determination, or a veteran with a service-connected disability rating of 50% or more - and your adjusted gross income is $100,000 or less. You download the application and return it to the office. It freezes the assessed value, not the tax: millage rates can still move.
Source: Lafayette Parish Assessor and the parish tax collector. Confirm current figures with the assessor before you rely on them. When you sell, your share of the year's taxes is prorated through the closing date and credited to the buyer.
Flood
The question every buyer asks first
Louisiana's property disclosure document makes you state the flood zone, where you got it, whether the property has ever flooded, and whether you have made a flood claim.
The city-parish links an interactive viewer of the 2018 Lafayette Parish flood maps. It is a map you find your property on rather than an address search box, and the previous official maps were effective until December 20, 2018.
Look it up before you list, not after you are under contract. A buyer who discovers the zone during their inspection period renegotiates. A buyer who saw it in the disclosure before they wrote the offer priced it in.
Lafayette Consolidated Government flood maps →
What the zone means, whether insurance is required, and whether you can hand your policy to the buyer: our Louisiana flood zone and insurance guide.
Have these before you list
- Flood zone
- And its source
- Elevation certificate
- If one exists
- Current flood policy
- Declarations page
- Past claims
- NFIP and private, separately
- Federal assistance received
- Agency, amount, purpose
- Why it matters
- All of it is on the state form
How we sell
What we do in Lafayette
Try the net sheet calculator with your own numbers for your Lafayette home.
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Your agent in Lafayette and Acadiana
Rachel Guidry
Nicole Spellman Group with Epique Realty
Rachel works with buyers and sellers in Lafayette and across Acadiana. Call the team line at 225-438-9235.
Questions
Selling in Lafayette, answered
How much are homes selling for in Lafayette?
A median of $249,000 over July through September 2026, down 0.2% from the same period a year earlier, at 97.1% of list price (ROAM MLS).
How long does it take to sell a house in Lafayette?
A median of 31 days on market over July through September 2026 (ROAM MLS), then 30 to 45 days to the act of sale.
Does the Lafayette Parish homestead exemption have to be renewed?
No. The assessor states it is permanent for as long as you reside on and own the property. It covers up to 160 acres and extends to the pool, outdoor kitchen and storage buildings on your homestead, but not to a second house or a commercial building on the same land.
Who qualifies for the assessment freeze in Lafayette Parish?
Homestead holders who are 65 or older, permanently and totally disabled by court or agency determination, or veterans with a service-connected disability rating of 50% or more - with adjusted gross income of $100,000 or less. It freezes the assessed value, not the tax, because millage rates can still change.
When are Lafayette Parish property taxes due?
Notices go out in November and are due December 31 to avoid penalty. When you sell, your share is prorated through closing and credited to the buyer.
What does it cost to sell a house in Lafayette?
Work from the sale price, not a percentage someone quoted you. On a $249,000 sale — the current Lafayette median — the commissions you agree to in the listing agreement are the largest line. Then your mortgage payoff, your share of closing and title costs, Lafayette Parish property taxes prorated through closing, and anything you agree to after inspection. Run your own numbers on the seller net sheet.
Do you list homes in Lafayette?
Yes. Nicole Spellman Group lists and sells in Lafayette and across Lafayette Parish, and throughout South Louisiana. In Lake Charles, Shreveport, Monroe and Alexandria, we connect you with a trusted agent who works that market every day — see outside our area.
Keep reading
Next steps for a Lafayette seller
Next step
Know your number. Then sell with confidence.
Start with your number and a line-by-line net sheet. No obligation.
Market figures are medians from the ROAM MLS (Redfin for New Orleans and Metairie) for the period shown and are not a valuation of your home. Tax and flood information is general, sourced to the parish and to FEMA, and is not legal, tax or insurance advice.