New Iberia, LA

Buyer's market-12.9% YoY

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

Explore nearby cities in LA

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.

Get New Iberia market alerts

Weekly updates on prices, inventory, and trends. Free forever.