New Iberia Housing Market Report December 2024Iberia County, Louisiana

hero building illustration for mobile

Housing Prices in New Iberia, LA

How much do homes in New Iberia, LA cost?

Housing Market Conditions

Is New Iberia, LA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

New Iberia is a Buyer's Market

Difference Since December 2023

At the same time last year, New Iberia was a Neutral Market.

Insight

New Iberia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$184,694$105/SqFt
+$19,694
+11.9%

Based on all homes sold in the last 12 months

Insight

Homes in New Iberia have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in New Iberia was $184,694 in December 2024, up 11.9% from last year, and the median price per square foot was $105.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$105K$95K
-9.5%
2$111.5K$118K
+5.9%
3$165K$175K
+6.1%
4$234.9K$232.5K
-1.1%
5$214K$383K
+79.0%

Summary: New Iberia housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -9.5%. The home price for 2 bedroom homes increased by +5.9%. The home price for 3 bedroom homes increased by +6.1%. The home price for 4 bedroom homes decreased by -1.1%. The home price for 5 bedroom homes increased by +79.0%.

Housing supply in New Iberia, LA

How many homes are available in New Iberia, LA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
206Last MonthDec 2024
2272 months agoNov 2024
-9.3 %
Change MoMNov – Dec

Summary: The New Iberia real estate market had 206 homes for sale in Dec 2024, a 9.3 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
21Last MonthDec 2024
402 months agoNov 2024
-47.5 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
102
+100.0%
22725
-7.4%
3135123
-8.9%
45446
-14.8%
51110
-9.1%

Summary: New Iberia housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -7.4%. The inventory for 3 bedroom homes decreased by -8.9%. The inventory for 4 bedroom homes decreased by -14.8%. The inventory for 5 bedroom homes decreased by -9.1%.

Asking Price vs. Sold Price

How much do homes in New Iberia, LA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price6 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in New Iberia, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in New Iberia in December 2024, down by 47.5% month-over-month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and and 14% were sold over asking.

Days on Market for New Iberia, LA

How long does it take to sell a home in New Iberia, LA?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days5 Homes

Over 90 Days11 Homes

Insight

Most homes in New Iberia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 21 homes were sold in New Iberia; 24% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
109 DaysThis YearDec 2024
80 Days1 year agoDec 2023
+35.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in New Iberia had an average listing age of 109 days in Dec 2024, up by 35.9% compared to the previous year.

Newest Listings in New Iberia, LA

What homes are available in New Iberia, LA?

Nearby markets

Nearby markets aren't available for New Iberia, LA

MLS Disclaimers and Copyright

Based on information from Acadiana MLS, and ROAM MLS for the period 01/01/2023 - 01/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Copyright 2025 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer: Copyright © 2025, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.

By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.