Is Iota, LA 70543 a buyer’s or seller’s market?
Iota is a seller’s market. With about 3.2 months of supply and 20% 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.
The Iota housing market right now
In the three months ending August 31, 2026, 20% of homes in Iota, LA 70543 sold above their list price, the typical home went under contract in 23 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold faster (109 days then) and the median sale price fell 36% to $182,921. Overall, Iota is more competitive than a year ago, so tougher for buyers.
Within Acadia Parish, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Eunice 70535 (0% sold over asking) or Egan 70531 (0% sold over asking).
Run the numbers for 70543
Nearby markets
Basile 70515Buyer’s market $30 /sq ftBranch 70516Buyer’s market $126 /sq ftChurch Point 70525Buyer’s market $122 /sq ftCrowley 70526Balanced $82 /sq ft Browse all markets →Towns like Iota nearby
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Questions about Iota real estate
Is Iota a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Iota, LA 70543 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Iota?
The typical home went under contract in 23 days in the latest three months.
Do homes in Iota sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Iota?
About 0.31% of a home’s value a year in Acadia Parish, or roughly $1,240 on a $400,000 home.
What is the median home price in Iota?
The median sale price was $182,921 in the three months ending August 31, 2026, about $114 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology