Zip 70563 (New Iberia, LA) Housing

The housing median value in 70563 New Iberia, LA is currently $191,000 which is significantly below the US House Median Value of $338,100. While the US House Appreciation over the past year was 8.27%, it was higher in 70563 New Iberia, LA at 9.19%. With this appreciation rate, home values in the area could rise even higher in the coming years. It is an ideal time to purchase real estate in New Iberia for anyone looking to invest or live there.

The median home cost in New Iberia (zip 70563) is $191,000. Home appreciation the last 10 years has been 40.3%. Home Appreciation in New Iberia (zip 70563) is up 12.5%.

Average Age of Homes

- The median age of New Iberia (zip 70563) real estate is 39 years old

The Rental Market in New Iberia (zip 70563)

- Renters make up 16.4% of the New Iberia (zip 70563) population
- 1.7% of houses and apartments in New Iberia (zip 70563), 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
	8,701.0	139,647,020.0
	38	42
	$191,000	$338,100
	12.5%	16.6%
	28.4%	57.0%
	40.3%	101.1%
	$4.11	$10.98
	$706	$2,690
	70.7%	57.4%
	9.8%	11.2%
	19.5%	31.4%
Vacant Housing
	1.7%	1.9%
	0.3%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.5%	2.4%
	3.8%	2.8%
	4.2%	3.9%
	8.8%	4.5%
	19.6%	11.3%
	17.9%	13.0%
	21.0%	20.1%
	13.2%	13.6%
	2.6%	8.3%
	2.6%	9.7%
	0.0%	3.9%
	1.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	16.4%	13.6%
	14.7%	13.2%
	12.6%	14.8%
	16.4%	13.6%
	11.9%	10.0%
	5.7%	4.7%
	1.8%	12.2%

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