New Iberia, LA
Housing market overview · Updated weekly
$148,000median sale price
Homes sold
13
Last 12 weeks
Days on market
87
Average pace
Active listings
74
5.7 months supply
Sale-to-list
95.3%
Below asking
The New Iberia housing market is currently classified as a buyer's market with a median sale price of $148,000. Prices have fallen 12.9% compared to last year, with homes spending an average of 87 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in New Iberia?
The median home sale price in New Iberia is $148,000, down 12.9% from last year.
How long do homes stay on market in New Iberia?
Homes typically spend 87 days on market before going under contract.
Is New Iberia a buyer's or seller's market?
With 5.7 months of supply, New Iberia is currently a buyer's market.
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