Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$145,862+2.7% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$31,620About 0.6× the local median income ($53,127): affordable for a typical household
Days on market74 daysAbout the same pace as a year ago
The typical home in Iberia Parish, LA is worth $145,862, up 2.7% from a year ago. That is well below what local incomes have historically supported: fair value is about $172,126, so the area is 15.3% undervalued. It is a balanced market: homes take about 74 days to sell, listings are up 7% from a year ago, 18% of listings have had a price cut. A household needs about $31,620 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,127. Typical rent is $1,290 a month. In the latest IRS figures, 675 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$145,862
Change in 1 year
+2.7%
Overvalued %
−15.3%
Show 6 more
Fair home value
$172,126
Change in 5 years
−10.7%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$790
Income needed to afford it
$31,620
Property tax rate
0.36%
Rent and investing
Typical rent
$1,290
Price-to-rent ratio
9.4×
HUD Fair Market Rent, 2 bedrooms
$981
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Gross rental yield
10.61%
Cap rate (estimate)
6.90%
Market activity
Listings vs a year ago
+7.1%
Days on market
74
Listings with a price cut
17.5%
Show 3 more
Homes for sale
181
Pending sales per 100 listings
25
Asking price per sq ft
$93
People and jobs
Median household income
$53,127
Population change (1 year)
−1.1%
Unemployment rate
7.3%
Show 4 more
Population
66,846
Income adjusted for cost of living
$64,396
Net moves in (IRS)
−675
Cost of living (US = 100)
82.5
Schools, risk and environment
School rating (1 to 10)
7.1
FEMA hazard risk score (0 to 100)
90.6
Flood risk score
81.4
Show 3 more
Wildfire risk score
29.0
Walkability (1 to 20)
6.4
Road, rail and air noise
52 dB
Questions people ask
Is Iberia Parish, LA overvalued?
Home prices in Iberia Parish, LA are well below what local incomes have historically supported: fair value is about $172,126, so the area is 15.3% undervalued.
Is Iberia Parish, LA a buyer's or seller's market?
Iberia Parish, LA is a balanced market: homes take about 74 days to sell, listings are up 7% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Iberia Parish, LA?
Home values in Iberia Parish, LA are up 2.7% over the last year.
How much do you need to earn to buy a home in Iberia Parish, LA?
A household needs about $31,620 a year to afford the typical home in Iberia Parish, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,127.