Zip 70560 (New Iberia, LA) Housing

The median value of homes in New Iberia, LA (zip code 70560) is currently $128,300. This is significantly lower than the median value of homes across the US, which is currently $338,100. In terms of appreciation, New Iberia has seen a 1 year increase of 9.19%, slightly higher than the US average of 8.27%. This indicates that the housing market in New Iberia is growing steadily and could prove to be an excellent opportunity for those looking to invest in real estate in the area.

The median home cost in New Iberia (zip 70560) is $128,300. Home appreciation the last 10 years has been 40.3%. Home Appreciation in New Iberia (zip 70560) is up 12.5%.

Average Age of Homes

- The median age of New Iberia (zip 70560) real estate is 40 years old

The Rental Market in New Iberia (zip 70560)

- Renters make up 31.9% of the New Iberia (zip 70560) population
- 4.1% of houses and apartments in New Iberia (zip 70560), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Iberia, Louisiana	United States
	16,683.0	139,647,020.0
	42	42
	$128,300	$338,100
	12.5%	16.6%
	28.4%	57.0%
	40.3%	101.1%
	$3.38	$10.98
	$380	$2,690
	49.1%	57.4%
	14.5%	11.2%
	36.4%	31.4%
Vacant Housing
	4.1%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	1.1%	3.6%
	8.2%	4.1%
Value of Owner-Occupied Housing
	8.0%	2.6%
	8.6%	2.4%
	5.8%	2.8%
	13.6%	3.9%
	8.9%	4.5%
	16.2%	11.3%
	17.7%	13.0%
	12.4%	20.1%
	3.0%	13.6%
	4.3%	8.3%
	1.1%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	12.2%	13.6%
	13.9%	13.2%
	15.5%	14.8%
	12.2%	13.6%
	12.1%	10.0%
	4.0%	4.7%
	9.2%	12.2%

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