The record

Real Estate

News · real estate · vermilion

Abbeville council voted for tiny-home moratorium, submitted minutes show

The October 6 motion calls for a regulating ordinance to be drafted with the Planning Commission involved.

Developing

Source: City of Abbeville October6,2026 minutes submitted in October20 councilpacket, pages72–73; checkedOctober20,2026

Event date: October 6, 2026

Vermilion Boom · Published

Background · real estate · vermilion

Start with the parcel record when a property-value question comes up

Vermilion Parish’s public property search can help identify a record; the assessor, Board of Review and Tax Commission have different roles when a valuation is disputed.

Source: Vermilion Parish Assessor’s Office property-search, FAQ and tax-and-appeal pages, checked October 16, 2026

Vermilion Boom · Published

Background · real estate · regional

Lafayette-area households grew faster than its population

HUD’s January 2025 analysis describes changing household sizes and an aging population across five parishes.

Source: HUD, Lafayette Comprehensive Housing Market Analysis, as of January 1, 2025.

Vermilion Boom · Published

Background · real estate · regional

Lafayette-area home sales edged up in 2024 as prices fell

HUD’s January 2025 report describes a modest recovery in sales across five parishes after the sharp decline of 2023.

Source: HUD, January 1, 2025 analysis, drawing on Zonda and Redfin.

Vermilion Boom · Published

Local History · real estate · regional

More oil work did not guarantee a place to live

A 2002 study of New Iberia and Morgan City found that land availability, housing costs and uncertain jobs complicated the benefits of industrial growth.

Source: University of Arizona and Minerals Management Service, July 2002.

Vermilion Boom · Published

News · real estate · regional

Lafayette apartment rents held nearly flat in the August reading

RentCafe reported a $1,193 average in its August 31 update. Earlier HUD and property-sales reports put that figure in context.

Source: RentCafe, August 31, 2026; HUD, January 1, 2025; ELIFIN, March 2026

Event date: August 31, 2026

Vermilion Boom · Published

vermilion

Land listings flat, and one source has not moved at all

Record dated

Parish-wide land listings read 143 across 2,022 acres, against 141 and 2,021 on 10 September. Abbeville’s active listings slipped from 169 to 167, with seven new listings against eight. The median sale price held at $155,000 and the typical home is still taking 130 days to sell.

The cross-check source came back with 160 listings and 1,947 acres — the identical figures it gave two days earlier, down to the acre. Either nothing traded in between, or the page is serving a stored count. There is no way to tell which from the outside.

Land.com; LandSearch; Movoto · Land.com — Vermilion Parish land listings · LandSearch — Vermilion Parish properties for sale · Movoto — Abbeville market trends

vermilion

Abbeville home sales down 27% while asking prices hold

Record dated

Abbeville’s median list price is unchanged at $155,000, $89 per square foot, 169 homes for sale, 8 new listings. What moved is turnover: 85 homes sold in August against 117 the August before, a 27% decline, with days on market shortening from 140 to 130. Correction: the figure of 85 was recorded in an earlier run as the number of active listings among the 169; the source labels it August sales, and the earlier reading was wrong.

Movoto · Movoto — Abbeville, LA market trends

vermilion

Parish land drawdown stops after one week of buying

Record dated

Parish-wide land listings held at 141 for the week, with total acreage at 2,021 against 2,031 the week before — inside the noise. A cross-check source moved the same way: 160 listings against 160, 1,947 acres against 1,938. Last week’s 19% one-week fall in listings did not repeat: one week of buying, then nothing.

Land.com; LandSearch · Land.com — Vermilion Parish land listings · LandSearch — Vermilion Parish land for sale

vermilion

Marsh at Intracoastal City has not repriced

Record dated

A 351-acre tract at Intracoastal City is listed at $57,000, about $162 an acre — roughly 3% of what buildable ridge land fetched in May. The announcement has not changed marsh pricing.

listing data · Land.com — Vermilion Parish land listings

vermilion

Abbeville rents unchanged, still down year over year

Record dated

Abbeville’s average rent sits at $817 across a 958 sq ft average unit, down from $844 a year earlier, a 3.27% year-over-year decline. By bedroom count: one-bedroom $669, two-bedroom $896, three-bedroom $944. Rents usually move before sale prices, making this the first place a demand shift would show — it has not shown, and a second source corroborates the reading.

RentCafe · RentCafe — Average rent in Abbeville, LA

vermilion

Largest land transaction in the parish's recent history: $800 an acre

Record dated

The state sold 125,000 acres at Pecan Island to SpaceX for $100 million, or roughly $800 an acre — about a seventh of the $5,900/ac a small buildable tract on Front Ridge Road fetched in May, and about five times what marsh at Intracoastal City is currently asking. One outlet is carrying the price; a second confirmation would settle it. CPRA director Michael Hare says only 1,000 to 1,500 acres are expected to be built on — a small fraction of the acreage SpaceX now holds; the ~40,000-acre figure announced in August for launch facilities is a different, larger number that has not been reconciled with it.

Verite News; Louisiana Illuminator · Verite News — SpaceX promises coastal restoration in Louisiana, but scope and spending remain unclear · Louisiana Illuminator — SpaceX promises coastal restoration