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Foreclosure Homes in New Iberia, LA

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New Iberia, LA Foreclosures

How much do homes sell for in New Iberia, LA?
The average home price is currently $193,885.
In New Iberia, LA, how many homes are available?
There are currently 13,080 active home listings available in New Iberia.
What’s the average rental cost in New Iberia, LA?
The average rental price in New Iberia is $1,284.
What is the most expensive home in New Iberia, Louisiana?
The most expensive home sold in New Iberia had a price of $6,726,800.
What is currently the cheapest priced home in New Iberia, LA?
The cheapest home for sale in New Iberia is priced at $13,590.

Home Value Estimator For New Iberia, LA

There are currently 13,080 real estate properties in New Iberia, LA, with a median automated valuation model (AVM) price of $160,029.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Iberia, LA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Iberia, LA, is $193,885.00, with the most expensive house in New Iberia, LA, topping out at $6,726,800.00 and the cheapest home in New Iberia, LA, clocking in at $13,590.00. In other words, there’s something for every potential homebuyer or savvy investor in New Iberia, LA!


Rent Prices In New Iberia, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Iberia, LA, is on a rollercoaster ride. The average rent price in New Iberia, LA, is $1,284.00. Indeed, when looking to rent in New Iberia, LA, you can expect to pay as little as $540.00 or as much as $2,820.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in New Iberia, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In New Iberia, LA In 2024

New Iberia is located in Iberia, Louisiana, with an estimated municipal population of 28,454 residents. All of the best foreclosed homes for sale in New Iberia are located in the following zip code areas on Foreclosure.com: 70560 70563 70562. The estimated population per square kilometer (.62 miles) in New Iberia is 986.


Cost Of Living In New Iberia, LA

So, about how much do homes cost in New Iberia? The most recent median value of resident-owned homes in New Iberia is 112,389. An estimated 56.1 percent of households in New Iberia own their homes, with an average family size of 3.24. The median household income in New Iberia is 38,221, with14.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Iberia, the median commute time of resident workers (in minutes) is 22.7. And last, but certainly not least, are you looking for homes to rent in New Iberia? If so, the average rent price paid by renters in New Iberia is 762, according to recent statistics.


Diversity And Demographics In New Iberia, Louisiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to New Iberia, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in New Iberia is 36.2, split between 49 percent male versus 51 female. The percentage of residents who report being married in New Iberia is 40, with an average family size of 3.24.

The percentage of residents who report their race in New Iberia is as follows:

White 53.7%
Black / African American 40.8%
Asian 1.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 1.1%

Looking for family-friendly neighborhoods in and/or near New Iberia? Or maybe you are searching for 55+ active adult communities in and/or near New Iberia?

The percentage of residents who report their age in New Iberia is as follows:

Under 10 15.9%
Aged 10-19 12.4%
20s 13.4%
30s 13%
40s 10.2%
50s 13%
60s 12.1%
70s 6%
80+ 4%

Best Schools In New Iberia, Louisiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in New Iberia with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Iberia.


Pros And Cons Of Living In New Iberia, Louisiana

How do you know that living in -- or moving to -- New Iberia is right where you need to be? Perhaps you grew up in New Iberia or already live nearby; therefore, the decision to buy a home in New Iberia is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Iberia for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in New Iberia:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Iberia.


Reasons To Move To New Iberia, Louisiana, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Iberia can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Iberia, meanwhile, can field multiple offers from more qualified buyers.

New Iberia, LA Foreclosures


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