$2,197 Closing Credit*
$185,000
1,860 SqFt
3 Beds
•2 Full Baths, 1 Partial
Paul Dugas, Listing Office: LPT Realty, LLC
Is Iberia County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Iberia County was a Seller's Market.
Key Takeaway
Iberia County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Iberia County, LA
How much do homes in Iberia County, LA cost?
Median Sold Price
$178,750
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,150(+8.6%)
Key Takeaway
Homes in Iberia County have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Iberia County was $178,750 in October 2024, up 8.6% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $95K | -9.5% |
| 2 Bedrooms | $106K | $113K | +6.6% |
| 3 Bedrooms | $160K | $170.5K | +6.6% |
| 4 Bedrooms | $255.5K | $230K | -10.0% |
| 5+ Bedrooms | $282K | $250K | -11.3% |
Summary: Iberia County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 11.3%.
Median Sold Price Compared To Nearby Counties
| Iberia County | $164.6K | $178.7K | +8.6% |
| Lafayette County | $245K | $242.8K | -0.9% |
| Saint Martin County | $225K | $210K | -6.7% |
Housing Supply in Iberia County, LA
How many homes are available in Iberia County, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 262 | 283 | +8.0% |
Summary: The Iberia County real estate market had 283 homes for sale in October 2024, a 8.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 34 | 44 | +29.4% |
| 3 Bedrooms | 144 | 155 | +7.6% |
| 4 Bedrooms | 66 | 64 | -3.0% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Iberia County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 38 | +65.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Iberia County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Iberia County in October 2024, up by 65.2% month-over-month. Of the 38 sold homes, 50% were sold under asking, 34% were sold at asking, and 16% were sold over asking.
Days on Market for Iberia County, LA
How long does it take to sell a home in Iberia County, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 72 Days | -12.2% |
Summary: Homes in Iberia County had an average of 72 days on market in Oct 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Iberia County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in Iberia County; 34% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
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.