Acadiana’s housing market remains stable, with median prices up 3% year-to-date and Lafayette’s average home price at $299,010.
Homes now spend about 81 days on the market, down from 90 in spring, showing gradual improvement.
Realtors emphasize staging and strategic pricing as key for sellers to stand out in a competitive fall market.
Interest rates dropped from 6.88% to around 6.25%, giving buyers a limited “sweet spot” before the holidays.
Experts encourage serious buyers to act now, noting refinancing is an option if future rates decline.
Overall, steady prices, improving conditions, and seasonal timing make fall a balanced market for both buyers and sellers.
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