Is Iberia County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Iberia County was a Seller's Market.
Housing Prices in Iberia County, LA
How much do homes in Iberia County, LA cost?
Median Sold Price
$165,033
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Iberia County was $165,033 in April 2024, the same as last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $105K | +40.0% |
2 Bedrooms | $98.5K | $126K | +27.9% |
3 Bedrooms | $167K | $155K | -7.2% |
4 Bedrooms | $277.8K | $219.9K | -20.8% |
5+ Bedrooms | $250K | $235K | -6.0% |
Summary: Iberia County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 27.9%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Counties
Iberia County | $165K | $165K | 0.0% |
Saint Martin County | $215K | $210K | -2.3% |
Lafayette County | $249.9K | $243.4K | -2.6% |
Housing Supply in Iberia County, LA
How many homes are available in Iberia County, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
198 | 213 | +7.6% |
Summary: The Iberia County real estate market had 213 homes for sale in April 2024, a 7.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 116 | 128 | +10.3% |
4 Bedrooms | 44 | 49 | +11.4% |
5+ Bedrooms | 18 | 14 | -22.2% |
Summary: The Iberia County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Iberia County in April 2024, up by 10.7% month-over-month. Of the 31 sold homes, 48% were sold under asking, 45% were sold at asking, and 6% were sold over asking.
Days on Market for Iberia County, LA
How long does it take to sell a home in Iberia County, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 69 Days | -18.2% |
Summary: Homes in Iberia County had an average of 69 days on market in Apr 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Iberia County; 48% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.