Is now a good time to buy land in Lafayette, Louisiana?
Lafayette, Louisiana is currently a strong buyer's market with 16.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
16.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 12 | 27 | 48 | 104 |
| 1-2 acres | 1 | 5 | 10 | 16 |
| 2-5 acres | - | - | 1 | 3 |
| 5-10 acres | - | 4 | 4 | 5 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 13 | 36 | 65 | 131 |
Lafayette, Louisiana is currently a strong buyer's market with 16.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lafayette, Louisiana currently has 16.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 197 active listings in Lafayette, Louisiana. 22 new listings have hit the market in the last 90 days. The median asking price is $110K.
The current absorption rate in Lafayette, Louisiana is 6.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Real Broker, LLC.
Land in Lafayette, Louisiana typically sells within 315 days of listing. The median time on market is 128 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Lafayette, Louisiana is 6.1%. The 12-month rate is 6.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Lafayette, Louisiana saw 144 properties sold. In just the last 3 months, 36 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.