Commercial Real Estate Market in New Iberia, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
146 active listings and 2,858 off-market properties in New Iberia, LA. Commercial property asks $58/SF to buy and $12.00/SF/Yr to lease.
Market Trends
New Iberia, LA spans 238.8 square miles in Iberia County, Louisiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in New Iberia, LA has a median asking sale price of $62/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in New Iberia, LA (the middle half): Lease $8.45–$13.50/SF/Yr (median $10.05/SF/Yr, 10 listings); Sale $40.63–$103/SF (median $62.33/SF, 23 listings).
Retail
Retail space in New Iberia, LA has a median asking sale price of $62/SF. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in New Iberia, LA (the middle half): Lease $14.00–$14.00/SF/Yr (median $14.00/SF/Yr, 13 listings); Sale $41.52–$117/SF (median $62.10/SF, 18 listings).
Industrial
Industrial space in New Iberia, LA has a median asking sale price of $44/SF. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in New Iberia, LA (the middle half): Sale $39.80–$60.32/SF (median $43.79/SF, 19 listings).
Multifamily
Multifamily space in New Iberia, LA has a median asking sale price of $47/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in New Iberia, LA (the middle half): Sale $45.00–$82.17/SF (median $47.20/SF, 13 listings).
Market overview
Demographics & Economy
New Iberia, LA has 58,602 residents in 25,633 households. Density runs 245 people per square mile. Median household income here is $56,548 and median gross rent $915 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Saint Martinville | $83 | $10.00 |
| Youngsville | $160 | $23.00 |
| Broussard | $82 | $10.77 |
Commercial property in New Iberia, LA asks $58/SF. The 3 bordering markets run from $82/SF in Broussard to $160/SF in Youngsville, and the city sits below their $83/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in New Iberia?
How much does it cost to lease commercial space in New Iberia?
How does New Iberia compare to nearby markets on price?
Where does Realmo's New Iberia market data come from?
Methodology & data sources
- Asking prices and medians
- There are 85 active for-sale and 61 active for-lease listings in New Iberia, LA. The medians are based on 73 of the for-sale and 27 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
