3-digit ZIP regional index
Home appreciation in ZIP codes 705xxLafayette, LA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 705 changed +4.5% over the year to Q2 2026, compared with +2.9% for Louisiana and +3.0% for the United States.
The region covers ZIP codes 70501–70592. Most of its 2010 population lived in Lafayette Parish (36%), St. Landry Parish (12%), Iberia Parish (12%). Communities in the region include New Iberia, Opelousas, Crowley, Abbeville, Eunice. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.5%
- 5-year change
- +25.1%
- Since Q1 1995
- +195%
- National rank (1 year)
- 326th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 705 vs Louisiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 705: 294.9
- Louisiana: 300.2
- Lafayette, LA metro: 294.2
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 705 | LA | U.S. | Gap vs LA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.5% | +2.9% | +3.0% | +1.6 pts | +1.4 pts |
| 3 years | +10.8% | +6.3% | +12.9% | +4.4 pts | −2.1 pts |
| 5 years | +25.1% | +20.9% | +41.3% | +4.3 pts | −16.1 pts |
| 10 years | +38.5% | +42.1% | +93.3% | −3.5 pts | −54.8 pts |
| Since Q1 1995 | +195% | +200% | +292% | −5.4 pts | −96.7 pts |
If you bought in ZIP3 705 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +185% | $855,522 |
| Q2 2000 | +131% | $692,671 |
| Q2 2005 | +79.2% | $537,561 |
| Q2 2010 | +51.6% | $454,789 |
| Q2 2015 | +39.9% | $419,604 |
| Q2 2020 | +30.1% | $390,281 |
| Q2 2021 | +25.1% | $375,439 |
| Q2 2023 | +10.8% | $332,285 |
| Q2 2025 | +4.5% | $313,414 |
How ZIP3 705 ranks
Over the past year ZIP3 705 ranks 326th of 882 3-digit ZIP regions nationally and 3rd of 13 in Louisiana. Its one-year change is +1.4 pts versus the nation and +1.6 pts versus Louisiana. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Louisiana |
|---|---|---|
| 1 year | 326th of 882 | 3rd of 13 |
| 3 years | 683rd of 882 | 2nd of 13 |
| 5 years | 832nd of 882 | 5th of 13 |
| 10 years | 870th of 882 | 8th of 13 |
| Since Q1 1995 | 803rd of 879 | 7th of 13 |
Boom, bust, and recovery in ZIP3 705
ZIP3 705's index peaked in Q1 2009, fell 4.1% to its low in Q2 2011, and regained its peak in Q3 2013, about 4.5 years after the top. Today it sits +48.1% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 705 | Q1 2009 | Q2 2011 | -4.1% | Q3 2013 (4.5 yrs) | +48.1% |
| LA | Q1 2009 | Q2 2011 | -4.2% | Q2 2014 (5.2 yrs) | +53.7% |
| Metro | Q1 2009 | Q2 2011 | -4.2% | Q3 2013 (4.5 yrs) | +48.3% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 705's index has changed +33.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 705 after inflation | LA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.6% | -0.9% | +1.6% | -0.8% |
| 3 years | +9.8% | +0.9% | -3.2% | -0.8% | +2.8% |
| 5 years | +24.0% | +0.9% | -2.5% | +1.0% | +13.9% |
| 10 years | +39.1% | -0.4% | +2.1% | -0.2% | +39.0% |
| Since Q1 1995 | +121% | +33.2% | +35.6% | +32.9% | +76.8% |
Estimate appreciation for a home in ZIP3 705
Regional estimate
$415,603
- Estimated gain
- $115,603
- Index change
- +38.53%
- Start index
- 212.85
- End index
- 294.87
ZIP3 705 (Lafayette, LA area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 708 · Baton Rouge, LA area | LA | +4.6% | +22.2% | +195% |
| 707 · Central, LA area | LA | +3.9% | +28.2% | +214% |
| 706 · Lake Charles, LA area | LA | +4.3% | +15.1% | +182% |
| 713 · Alexandria, LA area | LA | -3.0% | +21.3% | +181% |
| 703 · Houma, LA area | LA | -4.3% | +14.7% | +196% |
| 714 · Natchitoches, LA area | LA | +0.8% | +25.3% | +197% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 294.87 |
| Q1 2026 | 283.11 |
| Q4 2025 | 287.13 |
| Q3 2025 | 289.26 |
| Q2 2025 | 282.25 |
| Q1 2025 | 279.85 |
| Q4 2024 | 276.52 |
| Q3 2024 | 274.04 |
| Q2 2024 | 274.45 |
| Q1 2024 | 273.59 |
| Q4 2023 | 262.28 |
| Q3 2023 | 265.22 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 705?
- Based on FHFA HPI® data for 3-digit ZIP region 705, the regional index changed +4.5% over the year to Q2 2026, +25.1% over five years, +38.5% over ten years, and +195% since Q1 1995.
- Is ZIP3 705 appreciating faster than Louisiana and the U.S.?
- Over the past year the region's index +4.5% compares with +2.9% for Louisiana and +3.0% for the U.S., a gap of +1.4 pts versus the nation. Over five years the gap versus the nation is −16.1 pts.
- Which ZIP codes are in 3-digit ZIP region 705?
- All ZIP codes that begin with 705. Census 2010 ZIP Code Tabulation Areas in this region run from 70501 to 70592 (59 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.