70506, Lafayette, LA

Home Equity and Home Prices in the 70506 Zip Code of Lafayette, LA

The home equity and home prices in the 70506 zip code of Lafayette, LA are very high. The median home value in this zip code is $247,000, which is more than triple the national median home value of $100,000. Additionally, the percentage of homes that are worth more than their original purchase price is very high in this zip code. Over 60% of homes in this zip code are worth more than their original purchase price. This high level of home equity and home prices may be due to several factors including the strong economy and low interest rates, as well as the large number of affluent residents in this zip code.