Is New Iberia, LA 70563 a buyer’s or seller’s market?
New Iberia is a seller’s market. With about 3.4 months of supply and 16% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.4Under 4 months = seller’s market
Sold above original list15.7%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$127▲ +12.3% vs. last year
Run the numbers for 70563
Nearby markets
Delcambre 70528 $59 /sq ftJeanerette 70544Buyer’s market $104 /sq ftLoreauville 70552 $64 /sq ftNew Iberia 70560Buyer’s market $115 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology