The May 2024 real estate analysis for Lafayette Parish, Louisiana, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
The Median Sale Price for properties in Lafayette Parish was documented at $247,950 for May 2024. This price point is an upward move of 1.9% from the previous month and shows a 2.8% drop from the year before.
During this period, 292 homes were sold in the area, reflecting an increase 4.3% compared to the month beforeand and a decrease of 2.0% from the same month in the previous year.
Homes remained on the market for a median of 45 days, which is up 1 day from the month before and up 7 days from the previous year.
Currently, with a Market Pulse Score of 110, 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.
MyMarketPulse – What the Pros Know