The real estate market may be a little tough around the Lafayette, Louisiana region just like it is across the country, with high prices and through-the-roof insurance premiums.

Despite the challenges, the Acadiana housing market is still relatively competitive.

According to the latest Lafayette housing market trends from Redfin, there were 106 homes sold in June this year in Lafayette. That is down from 146 last year.

Sold sign
Gaja Snover
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Also, in June 2024, homes in our area were up 4.2% compared to last year, selling for a median price of $241,000.

And if you're trying to sell your home in Lafayette, Louisiana, you can expect to go pending in around 43 days. That's the average number of days that homes are staying on the market right now.

The average homes are selling for about 3% below the list price.

Home for sale
Joe Belanger, ThinkStock
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Now let's go to the top of the heap and check out how the upper crust is living.

There is a new most expensive home for sale in Lafayette as the residence we're about to show just hit the market a few days ago.

Where is the Most Expensive Home in Lafayette, Louisiana?

This pretty sweet riverfront retreat is located on East Bayou Parkway in Woodridge Estates.

The home was built in 2012 and features 5 bedrooms, 5 and 1/2 bathrooms, 7,335 square feet of living area, and sits on 2 acres nestled on the banks of the Vermilion River.

How Much is the Most Expensive for Sale in Lafayette, Louisiana?

The current asking price? A cool $4,250,000!

And with that price, this home is the new "most expensive for sale right now in Lafayette."

It really is a beautiful property. Check out all the specifics at the listing from Latter & Blum here or view the pictures of the home below.

Most Expensive Home for Sale in Lafayette

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