New Iberia, LA—70563
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in New Iberia, LA
Home Price Trends — New Iberia, LA
As of Oct '25, the median home price in New Iberia, LA is $184,000, with a year-over-year change of 0.8%. This indicates that home prices in New Iberia, LA are flat. According to Zillow, the 1-year price projection is -4.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $184,000 | 0.8% |
| Single Family | $184,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $198,000 | 3.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Iberia, LA
As of July '25, Rentcast reports the average rent in New Iberia, LA is $1,240, with a year-over-year rent change of -12.7%. Per bedroom, the median rent as of July '25 in New Iberia, LA is 2-bedrooms: $950, 3-bedrooms: $1,480. The most common rental property sizes in New Iberia, LA are 3-bedroom and 2-bedroom, accounting for 37.7% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $950 |
| 3 Bed Rent | $1,550 | $1,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Iberia, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Iberia, LA is 75. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $215,000 | -2.0% |
Listing Count | 94 | 4.0% |
| Listings as % of Homes | 0.6% | 4.0% |
Days on Market | 75 | -13.0% |
Demographics — New Iberia, LA
As of the latest ACS Survey released in 2023, New Iberia, LA has a population of 19,900, which has increased by 2.0% over the past 5 years. New Iberia, LA is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | 2.0% |
% Under 18 | 25.3% | -4.9% |
% Seniors | 16.1% | 8.1% |
% WFH | 3.4% | 30.8% |
% w/ College Degree | 21.4% | -4.9% |
As of the latest ACS Survey released in 2023, New Iberia, LA is a predominantly white area, with 74.4% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in New Iberia, LA is black, making up 16.2% of the population. Foreign-born residents account for 2.1% of the population in New Iberia, LA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.4% | -3.0% |
% Black | 16.2% | -1.8% |
% Hispanic | 4.9% | 4.3% |
% Asian | 2.3% | 283.3% |
% Foreign Born | 2.1% | 0.0% |
Mortgage and Risk — New Iberia, LA
According to HUD data as of 2023, there were 316 mortgage originations in New Iberia, LA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in New Iberia, LA. Investor activity is low, as 9.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 316 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — New Iberia, LA
New Iberia, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 68 |
Total Units Section 8 | 68 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | $220 | $850 | $1,070 |
| 3 Bedroom | -$180 | $1,550 | $1,370 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — New Iberia, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $184,000 |
| Median Household Income | $73,600 |