Median price for residential apartments in New Iberia, LA as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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171 New Iberia, LA, USA apartments for sale
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New Iberia
According to statistics, the population in New Iberia, LA amounts to 30,292, which shows decline -1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $39,059, shifting growth 2% from the past year, and the average property value in New Iberia, LA growth 1% to $106,100 throughout the year.
| Population | 30,292 |
| Median Age | 35.3 |
| Poverty Rate | 24% |
| Household Income | $39,059 |
| Number Of Employees | 12,290 |
| Median Property Value | $106,100 |
Household Income
The average household income in New Iberia, LA grew from $38,240 to $39,059 in the past year. This data is an estimate based upon 11,402 households in New Iberia, LA . The chart below presents how household income is distributed in New Iberia, LA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in New Iberia, LA shifted from $105,000 to $106,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in New Iberia, LA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of New Iberia, LA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Iberia, LA compared to median property taxes around the country. The prevalent amount of property taxes in New Iberia, LA equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in New Iberia, LA, USA
Average apartment sale in New Iberia: $339,331 (-3.1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $1,365,895 | -8% |
| 2-bed apartments | $72,470 | +9% |
| 3-bed apartments | $185,476 | -1.2% |
| 4+ bed apartments | $383,166 | +0.2% |
During Jan 2023, the average price for an apartment in/near New Iberia, LA decreased by 3.1% to $339,331.
Knowing the current property prices is key if you plan to buy a studio in New Iberia, LA. The average price for a studio has decreased since the last month, currently being $1,365,895. Asking price for 2-bed apartment also increased by 9% and a place of this size will now cost you $72,470. A 3-bed apartment goes for $185,476, it decreased by 1.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.2% and made it up to $383,166.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Townhouses for sale | $145,000 | +0% |
| Lofts for sale | $149,900 | +0% |
| Houses for sale | $197,669 | +0.5% |
| Land for sale | $1,365,895 | -8% |
| Condos for sale | $139,000 | N/A |
Price reports demonstrate that house price increased by 0.5% this month making it up to $197,669. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $139,000. The price statistics of lofts have not significantly changed, it now still goes for $149,900. Value of the townhouses didn’t change, the price still starts at $145,000. The average price of the land for sale in New Iberia, LA has decreased by 8%, and now equals $1,365,895.
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