As we head toward the end of 2025, the Lafayette housing market continues to show its resilience, even as seasonal shifts and economic factors influence buyer and seller behavior. I’m J. Ray, your favorite real estate agent, here with your November market update to help you stay informed and make confident real estate decisions.
Home Sales & Market Activity — Steady but Slowing
October 2025 recorded 266 homes sold, a 6% decrease compared to October 2024. While this dip may seem significant, it aligns with typical fall trends where buyer activity slows down heading into the holidays.
Homes also spent a bit longer on the market, averaging 63 days, which is 4% longer year over year. This reflects buyers taking more time to shop, compare options, and negotiate — especially with the increased inventory available.
Home Prices Climb — Strong Value Growth Continues
Despite fewer sales, home values are still trending upward.
The average sale price for October 2025 hit $302,698, a 5% increase over last year. Even more impressive, this price marks a 26% increase compared to pre-pandemic levels in October 2019.
This consistent appreciation shows that Lafayette’s housing market remains one of the most stable and desirable in South Louisiana.
Inventory Levels — Slight Increase, Still Below Normal
October inventory rose slightly to 1,257 active listings, up 1% from 2024.
However, this number is still 18% lower than October 2019, meaning inventory remains tight compared to normal market conditions.
More listings are slowly coming online, but demand continues to outpace supply — especially in popular price ranges under $350,000.
What This Means for Buyers
With stable interest rates and slightly more inventory, buyers have a window of opportunity right now.
You’ll enjoy:
✔ More choices
✔ Less competition compared to spring/summer
✔ Strong negotiating power
✔ The ability to lock in favorable financing
If you’ve been waiting for the “right moment,” late fall can offer underrated advantages.
What This Means for Sellers
If you’re thinking of selling, you are STILL in a strong position.
Here’s why:
✔ Prices remain high and continue to appreciate
✔ Inventory is still historically low
✔ Serious buyers are in the market year-round
✔ A strong marketing strategy can set you apart fast
With professional presentation, great photography, and smart pricing, your home can still stand out even in a slightly softer fall market.
Thinking About Buying or Selling? Let’s Talk.
Every home and every situation is unique. If this market update resonates with you — whether you’re planning to buy, sell, or simply keep an eye on trends — I’m always here to help.
📞 Call me at 337-230-0664
I’d love to walk you through your options and help you make the best move.
Until next month —
I’m J. Ray, your favorite real estate agent!