Acadiana Real Estate Market Trends

Lafayette, LA MSA (CBSA 29180) vs. U.S. National Benchmarks & Photography ROI

01

Lafayette MSA vs. U.S. National Market

Comparing 2023 Q1 → 2025 Q4 • Local RAA / FRED vs. National NAR

Median Sale Price-3.8%
Lafayette MSA
$239,500
U.S. Avg
$411,200
42% more affordable than US
Days on Market (CDOM)+18d slower
Lafayette MSA
72 days
U.S. Avg
36 days
+36d vs. U.S. pace
Inventory & Supply+1.3 mos
Lafayette MSA
5.0 mo
U.S. Avg
4.4 mo
1,685 active listings
Price Cuts & List-to-Sale+8.6% cuts
Price Reduced
26.8%
List-to-Sale
97.7%
Concessions:
Lafayette MSA (CBSA 29180)U.S. National
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02

Acadiana Submarkets & Commercial Growth Corridors

Click any row to filter dashboard • Green = appreciation / faster turnover • Rose = price pullback / slower pace

SubmarketCensus ACSPermits
Youngsville
Lafayette Parish (South) • High-Growth Suburban
Fast / Strong89
$297,500+1.8%$287,70054d99.1%4.2m
Broussard
Lafayette & St. Martin Parishes • High-Growth Suburban
Fast / Strong85
$290,000+0.9%$310,20055d98.8%4.3m
Lafayette (City Core / Parish)Selected
Lafayette Parish • Urban Core
Active81
$242,000-1.6%$236,40061d98.1%4.7m1,558/yr
Scott
Lafayette Parish (West) • Affordability Corridor
Active73
$238,000+0.4%$170,30058d98.0%4.6m
St. Martin Parish (Breaux Bridge)
St. Martin Parish • Regional Parish
Active69
$225,000-0.8%$164,20045d97.9%5.0m50/yr
Carencro
Lafayette Parish (North) • Affordability Corridor
Balanced65
$223,500-1.1%$214,80063d97.6%4.9m

Lafayette (City Core / Parish) — LEDA & APC Corridor Profile

Commercial Score: 86/100Certified Sites: 7
Growth Corridors
Ambassador Caffery Pkwy Retail & Medical CorridorJohnston St / Kaliste Saloom Urban InfillUniversity Ave / I-10 Gateway
Economic Drivers
Healthcare (Ochsner Lafayette General expansion)Higher Education (UL Lafayette Research Park)Regional Professional & Tech Services
Infrastructure Projects
I-49 Lafayette Connector planning & corridor improvements (APC/MPO)LCG My Government Online (MGO) commercial zoning & retail infill permits

HUD Lafayette HMA Macro Drivers

Nonfarm Payrolls (2024)205,700 (+0.6%)
Ed & Health Sector+1,700 (+4.8%)
Single-Family Permits2,050/yr(vs 2,530)
Unemployment (23 → 24)3.5% → 4%
Median Rent / Ratio$1,080/mo • 4.5x
03

Professional & Aerial Photography ROI

Empirical National MLS Studies (VHT, Redfin, NAR) • Green = Pro Media Gain • Rose = Amateur Penalty

Speed of Sale (DOM)
32% Faster Sale (-34 Days)
Pro Media89 Days on Market
Amateur123 Days on Market
Speed of Sale (DOM)
Up to 68% Faster Sale
Pro Media68% Faster Velocity
AmateurGround-Only Baseline
Sale Price Premium
+$3.4K – +$11.2K Net Gain
Pro Media+$3,400 to +$11,200
Amateur$0 Baseline
Digital Engagement
+118% Online Views
Pro Media+118% Views / 85% Buyer Priority
AmateurBaseline Click-Through

Average Days on Market by Media Quality

Shorter bar = faster closing • Pro DSLR cuts 34 days vs. standard photos

Aerial / Drone: Up to 68% faster sales & +403% inquiries with aerial video.

Redfin Price Premium Tiers & Acadiana Fit

Highlighted tier matches Lafayette (City Core / Parish) ($242,000)

Entry / Workforce Tier ($200K–$300K)Active Match
+$3,400 (Redfin Lower-Tier Benchmark)
Carencro ($223.5K), St. Martin ($225K), Scott ($238K), Lafayette Core ($242K)
Mid-to-Upper Suburban Tier ($300K–$999K)
+$3,400 to +$11,200 (Redfin DSLR Study Range)
Youngsville ($297.5K–$339K), Broussard ($290K–$334.5K), South Lafayette 70508 ($312K+)
Luxury Tier ($1M+)
Lower Percentage Variance (Luxury Custom Factors)
River Ranch / South Lafayette Estate & Bayou Waterfront Parcels
04

Verified Sources & Data Methodology

Direct verification links for all 15 institutional datasets • 2025.Q4-v1.0 (Verified 2026-11-13)

SourceAgencyReport / DatasetSeries IDUpdatedLink
RAA / ROAM MLSRealtor® Association of Acadiana (RAA)
Acadiana Regional Residential Market Statistics (Acadia, Iberia, Lafayette, St. Landry, St. Martin, Vermilion)

Aggregated closed and active residential MLS transactions across the six-parish Acadiana footprint. Municipal-level seller concession rates and sparse sub-municipal condo segments are not publicly disaggregated.

ROAM-MLS-ACADIANA2025-Q4Verify
FRED: MEDLISPRI29180Federal Reserve Bank of St. Louis (FRED) / Realtor.com
Housing Inventory: Median Listing Price in Lafayette, LA (CBSA 29180)

Monthly median asking price for active single-family and condo/townhome inventory within Lafayette, LA MSA (CBSA 29180), compiled from Realtor.com Core Housing Metrics.

MEDLISPRI291802025-12Verify
FRED: MEDDAYONMAR29180Federal Reserve Bank of St. Louis (FRED) / Realtor.com
Housing Inventory: Median Days on Market in Lafayette, LA (CBSA 29180)

Tracks median number of days active residential properties remain on the market in Lafayette, LA CBSA prior to pending or delisting.

MEDDAYONMAR291802025-12Verify
FRED: ACTLISCOU29180Federal Reserve Bank of St. Louis (FRED) / Realtor.com
Housing Inventory: Active Listing Count in Lafayette, LA (CBSA 29180)

Total active residential listing count (excluding pending contracts) within Lafayette, LA CBSA.

ACTLISCOU291802025-12Verify
FRED: PRIREDCOU29180Federal Reserve Bank of St. Louis (FRED) / Realtor.com
Housing Inventory: Price Reduced Count in Lafayette, LA (CBSA 29180)

Monthly count of active listings experiencing an asking price reduction in Lafayette CBSA, expressed as a share of active inventory.

PRIREDCOU291802025-12Verify
FRED: US HousingFederal Reserve Bank of St. Louis (FRED)
U.S. National Housing Inventory & Price Benchmarks (MEDLISPRIUS, MEDDAYONMARUS, ACTLISCOUUS, MSPUS)

National monthly Realtor.com inventory metrics and quarterly U.S. Census/HUD Median Sales Price of Houses Sold.

MEDLISPRIUS / MSPUS2025-12Verify
HUD PD&R CHMAU.S. Dept. of Housing and Urban Development (HUD PD&R)
Comprehensive Housing Market Analysis: Lafayette, Louisiana Housing Market Area

Evaluates Lafayette HMA (Acadia, Iberia, Lafayette, St. Martin, Vermilion parishes) nonfarm payrolls (205,700), single-family permitting (2,050 units/yr; 76% in Lafayette Parish), Zonda home price adjustments (~5% in 2024), and median rent ($1,080).

HUD-CHMA-LAF-HMA2024-2025Verify
U.S. Census QuickFacts / BPSU.S. Census Bureau
QuickFacts & ACS 5-Year Owner-Occupied Housing Values + Building Permits Survey (BPS)

Provides ACS 5-Year median value of owner-occupied housing units per municipality (Youngsville $287,700; Broussard $310,200; Scott $170,300; Carencro $214,800; St. Martin Parish $164,200) and parish-level building permits (St. Martin Parish: 50; sub-municipal cities flagged 'X' in QuickFacts).

ACS-5YR / BPS-22055-220992024-2025Verify
LEDA / One AcadianaLafayette Economic Development Authority (LEDA)
LEDA Commercial Real Estate Portal, Retail Ready Sites & Lafayette Housing Needs Assessment

Tracks certified industrial/commercial sites, office/retail space availability, healthcare & university growth anchors (Ochsner Lafayette General, UL Lafayette), and collaborative Housing Needs Assessment.

LEDA-RETAIL-READY-20252025Verify
Acadiana Planning Comm.Acadiana Planning Commission (APC)
Comprehensive Economic Development Strategy (CEDS) & Metropolitan Transportation Plan (MPO)

Federally designated Economic Development District & MPO tracking I-49 South/North, US-90, I-10 corridor investments, and EDA infrastructure grants across seven Acadiana parishes.

APC-CEDS-MPO-20252025Verify
NAR Existing SalesNational Association of Realtors (NAR)
Existing-Home Sales, Median Price, Months Supply & Days on Market National Benchmarks

National benchmark for existing single-family, townhome, condo, and co-op closings: 2023 median $389,800; 2024 median $407,500; 2025 range $395K–$428K; months supply 2.9–4.5 mo.

NAR-EHS-2023-20252025-Q4Verify
NAR Buyer Tech ReportNational Association of Realtors (NAR)
Home Buyers and Sellers Generational Trends — Website & Visual Media Reliance

National survey confirming 85% of home buyers identify listing photographs as the most critical website feature during property discovery, alongside agent technology adoption benchmarks.

NAR-GEN-TRENDS-MEDIA2024-2025Verify
VHT Studios MLS StudyVHT Studios / MLS Benchmark Analysis
Empirical Analysis of Professional Real Estate Photography on Days on Market & View Engagement

Controlled MLS study comparing professional photography vs. standard/amateur listing images: 89 average DOM vs. 123 DOM (-32% faster sale) and +118% increase in online listing views.

VHT-MLS-89VS123Landmark / Cited 2025Verify
Redfin DSLR StudyRedfin Real Estate Research
How Professional DSLR Photography Affects Home Sale Prices & Market Velocity ($200K–$1M Tiers)

Empirical MLS regression across price brackets ($200K–$1M) demonstrating $3,400 to $11,200 closing price premiums relative to list expectations and ~3 weeks faster sales in $400K+ tiers.

REDFIN-DSLR-PREMIUMLandmark / Cited 2025Verify
MLS Aerial / Drone StudyRISMedia / MLS Aerial Media Benchmarks
Impact of Aerial & Drone Imagery on Residential Sale Velocity & Buyer Inquiries

MLS comparative performance review finding properties marketed with aerial/drone photography sell up to 68% faster than ground-photo-only listings, with video/aerial flyovers driving up to +403% more inquiries.

MLS-AERIAL-68PCT2024-2025Verify