Is New Iberia, LA 70560 a buyer’s or seller’s market?

The New Iberia housing market right now

In the three months ending August 31, 2026, 11% of homes in New Iberia, LA 70560 sold above their list price, the typical home went under contract in 66 days and there were 8.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 39 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (73 days then) and the median sale price rose 33% to $179,922. Overall, New Iberia is about as competitive as it was a year ago.

Within Iberia Parish, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, New Iberia ranks #116 of 160 LA ZIP codes with enough sales (score 19 out of 100).

Nearby, buyers who want less competition could look at Delcambre 70528 (0% sold over asking), while Loreauville 70552 (50% sold over asking) and Jeanerette 70544 (20% sold over asking) are even more competitive.