Acadiana Business Advocate

Monday, September 16th, 2024

The rising price of a home in Lafayette, again

BY ADAM DAIGLE | Staff writer

Happy Monday, Acadiana Business newsletter readers. We've got headlines for you this morning.

Will the average sale price of a home in Lafayette top $300,000 for the year? All signs point to that. It might just be a matter of when.

In August, 280 homes sold for an average of $300,799, the first month this year to top the $300,000 mark, according to data from analyst Bill Bacque with Market Scope Consulting.

It pushed the overall average sale price to $290,495, slightly ahead of last year’s average through eight months and a 27% spike from five years ago when the average home sold for $227,545.

You can read the story here.

Have a great day and thanks for reading.

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