MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Lafayette Parish, Louisiana.

The Median Sale Price for properties in Lafayette Parish was documented at $249,145 for August 2024. This price point is an upward move of 2.2% from the previous month and shows a 0.4% rise from the year before.

A total of 264 homes were sold in the region, indicating a decrease of 4.3% from last month and a rise of 3.9% when compared with a year ago.

The Median Days on Market was 52 days, down 2 days from the previous month and up 11 day from the prior year.

Currently, with a Market Pulse Score of 107, Lafayette Parish’s real estate market appears to be experiencing an upturn.

For more information about the Lafayette Parish, Louisiana market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

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