Is Carencro, LA 70520 a buyer’s or seller’s market?
Carencro is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 20% of U.S. ZIP codes, and #87 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Carencro housing market right now
In the three months ending August 31, 2026, 5% of homes in Carencro, LA 70520 sold above their list price, the typical home went under contract in 36 days and there were 5.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold faster (60 days then) and the median sale price held steady to $216,783. Overall, Carencro is about as competitive as it was a year ago.
Within Lafayette Parish, homes here sell faster, and less often over asking, than in any other ZIP code in the county. On our competition score, Carencro ranks #87 of 160 LA ZIP codes with enough sales (score 25 out of 100).
Nearby, Broussard 70518 (16% sold over asking) and Lafayette 70508 (11% sold over asking) are even more competitive.
Run the numbers for 70520
Nearby markets
Broussard 70518Balanced $154 /sq ftDuson 70529Seller’s market $137 /sq ftLafayette 70501Balanced $79 /sq ftLafayette 70503Balanced $144 /sq ft Browse all markets →Towns like Carencro nearby
Find towns like Carencro in other states →Where Carencro is
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Questions about Carencro real estate
Is Carencro a buyer’s or seller’s market?
A balanced market: there were 5.7 months of supply in Carencro, LA 70520 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Carencro?
The typical home went under contract in 36 days in the latest three months.
Do homes in Carencro sell over asking?
5% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Carencro?
About 0.57% of a home’s value a year in Lafayette Parish, or roughly $2,280 on a $400,000 home.
What is the median home price in Carencro?
The median sale price was $216,783 in the three months ending August 31, 2026, about $145 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology