New Iberia, LA 70560 - Real Estate Investment Insights & Performance Data

Welcome to our 70560 real estate data hub, tailored for investors in New Iberia, LA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 70560 in New Iberia, LA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in IBERIA PARISH.

Leverage our comprehensive, zip code-specific data to excel in New Iberia, LA real estate investing. Uncover the wealth of information available, and position yourself for success in the New Iberia property market.

• Location Overview

  • Zip Code: 70560
  • City: New Iberia
  • State: LA
  • Metro Area: Lafayette, LA
  • County Name: IBERIA PARISH

• Real Estate Market Snapshot

  • Average Home Price (All Types): $116,621
  • Average Home Price (Single Family Homes): $116,673
  • Average Monthly Rental Price (All Types): Not Available
  • Price-to-Rent Ratio: Not Available
  • Zillow Projected % appreciation from 4/2023-4/2024: -7.2%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $930
  • Average 3 Bedroom Section 8 Rental Rates: $1,180
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 10.45
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 8.24
  • Number of Units Offered in Section 8 in the County: 552
  • Number of Occupied Units in Section 8 in the County: 514
  • Percentage of Section 8 Units Occupied in the County: 93.09999847%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): Not Available
  • Total % Appreciation since 2000 (Government Data): 66.9
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 7.53%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.54%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 25.06%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.8%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 116.15%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%