Market Overview
Home Prices in New Iberia, LA
The median home value in New Iberia, LA is $152,969 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and down 8.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Iberia are priced63% below average. New Iberia is part of the Lafayette, LA metro area.
Over the past five years, New Iberia home values have fallen by approximately9.2%, reflecting softening conditions in this market.
Price History
New Iberia Home Price Trend
City Comparison
New Iberia vs. National Median
At $152,969, homes in New Iberia cost 63% below the national median of $410,000. This makes New Iberia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Iberia?
20% Down Payment
$30,594
on $152,969
Monthly P&I
$798/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,013/mo
incl. taxes & insurance
Income Needed
$40,520
gross annual (30% rule)
10% Down Option
$15,297
+ PMI applies
Loan Amount (20% dn)
$122,375
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Iberia, LA?
The median home value in New Iberia is $152,969 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in New Iberia?
Over the past year, home values in New Iberia have increased by 1.4%. Over five years, prices have fallen approximately 9.2%.
How much do I need to earn to buy a home in New Iberia?
To comfortably afford the median home price of $152,969 with a 20% down payment ($30,594) at today's rates (6.8%), you'd need a gross annual income of approximately $40,520. This assumes keeping total housing costs at or below 30% of gross income.
How does New Iberia compare to the national average home price?
The national median home value is approximately $410,000. At $152,969, homes in New Iberia are 63% below the national average.
What metro area is New Iberia part of?
New Iberia is part of the Lafayette, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.