$2,975 Closing Credit*
$250,500
1,874 SqFt
4 Beds
•2 Full Baths
James Keaty, Listing Office: Keaty Real Estate Team
Is New Iberia, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, New Iberia has remained a Seller's Market.
Key Takeaway
New Iberia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Iberia, LA
How much do homes in New Iberia, LA cost?
Median Sold Price
$184,250
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,916(+12.1%)
Key Takeaway
Homes in New Iberia have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in New Iberia was $184,250 in November 2024, up 12.1% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $95K | -9.5% |
| 2 Bedrooms | $106K | $113K | +6.6% |
| 3 Bedrooms | $165K | $175K | +6.1% |
| 4 Bedrooms | $239.9K | $234K | -2.5% |
| 5+ Bedrooms | $282K | $383K | +35.8% |
Summary: New Iberia housing prices by bedroom type for November 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 6.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 35.8%.
Housing Supply in New Iberia, LA
How many homes are available in New Iberia, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 234 | 221 | -5.6% |
Summary: The New Iberia real estate market had 221 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 30 | 24 | -20.0% |
| 3 Bedrooms | 133 | 132 | -0.8% |
| 4 Bedrooms | 55 | 52 | -5.5% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The New Iberia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 38 | +15.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Iberia, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 38 homes were sold or pending in New Iberia in November 2024, up by 15.2% month-over-month. Of the 38 sold homes, 42% were sold under asking, 50% were sold at asking, and 8% were sold over asking.
Days on Market for New Iberia, LA
How long does it take to sell a home in New Iberia, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 79 Days | +78.4% |
Summary: Homes in New Iberia had an average of 79 days on market in Nov 2024, up by 78.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in New Iberia are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 38 homes were sold in New Iberia; 37% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 39% 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.