The story of this market
The typical home in ZIP 70537 sells for about $232,000, or $141 per square foot.
Prices are down 1.28% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 70537 — Evangeline
The housing market in ZIP 70537 is currently experiencing a period of stabilization with a slight year-over-year price adjustment. Inventory levels remain adequate for the current sales pace, reflecting a balanced market environment for both buyers and sellers.
This area is well-suited for family buyers and local commuters seeking a balance between suburban affordability and access to the amenities of the Lafayette metro area.
Median prices moved down 1.3% year over year.
Homes spend a median of 55 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 6.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 70537, Lafayette Parish LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in the Lafayette area are generally consistent with regional averages for mid-sized Louisiana cities, with property crime remaining the primary concern.
Schools serving the area are part of the Lafayette Parish School System, which maintains a mix of magnet and traditional neighborhood schools with varying performance ratings.
The area is subject to flood risks associated with regional bayous and heavy seasonal rainfall, necessitating flood insurance for many properties in low-lying zones.
Economic momentum is driven by the healthcare, energy, and education sectors, with ongoing infrastructure improvements focused on regional highway connectivity.
Property taxes are assessed by the Lafayette Parish Assessor based on fair market value, with millage rates set by local taxing authorities including the parish, city, and school district.
Residents typically rely on personal vehicles for commutes, with primary access to the Lafayette employment core via regional highway corridors.
The area features access to local community parks, neighborhood greenbelts, and proximity to regional shopping centers and dining districts in Lafayette.
The rental market shows stable demand with moderate vacancy pressure, supported by a mix of long-term residents and students attending local institutions.
The local economy is anchored by the healthcare sector, energy services, and the University of Louisiana at Lafayette, providing a stable employment base.
Transportation is primarily highway-dependent, with major corridors facilitating access to the broader Lafayette Parish and regional employment hubs.
Development is focused on infill residential projects and commercial expansion along major arterial roads.
The Lafayette Parish Assessor's office conducts periodic reassessments to ensure property values align with current market conditions.
Parcels are subject to standard parish-wide school, fire, and drainage district taxes.
Property insurance premiums are influenced by regional flood risk and wind exposure, with market health remaining stable but sensitive to weather events.
Data retrieved from data.census.gov using ZCTA-level tables.
- Mr Gatti's Pizza4.411 mi
- Maison D'Memoire Bed & Breakfast Cottages4.917 mi
- Mr Gatti's Pizza4.26 mi
- Mr Gatti's Pizza4.218.3 mi
- Gator Chateau4.96.1 mi
- Mr Gatti's Pizza4.411 mi
- Mr Gatti's Pizza4.26 mi
- Oil and Gas Park4.76.1 mi
- Crowley Cinema IV4.311 mi
- Tony Robichaux Sports Complex4.511.7 mi
- Oil and Gas Park4.76.1 mi
- Levy Park4.512 mi
- Sterling Buick GMC West4.85.8 mi
- Crawfish Nest & Market4.511.5 mi
- Sterling Chrysler Dodge Jeep Ram West4.85.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides walking trails and recreational space for local residents.
Major retail hub serving the surrounding ZIP codes.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.