Commercial Real Estate Market in New Iberia, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
354 active listings and 2,859 off-market properties in New Iberia, LA. Commercial property asks $98/SF to buy and $93.28/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 August 2026.
Office
Office space in New Iberia, LA asks $84/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in New Iberia, LA asks $78/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in New Iberia, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in New Iberia, LA asks $59/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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.
58,602
Population
25,633
Households
2.3
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
238.8 sq mi
ZIP Area
245
Density / Sq Mi
$56,548
Median Household Income
$36,812
Median Earnings
$915
Median Rent
$147,474
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Loreauville | — | — |
| Lydia | — | — |
| Cade | — | — |
| Avery Island | — | — |
Commercial property in New Iberia, LA asks $98/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Iberia?
Commercial property in New Iberia, LA asks an average of $98 per square foot. Office carries the highest asking price at $84/SF.
How much does it cost to lease commercial space in New Iberia?
Asking lease rates in New Iberia, LA average $93.28 per square foot per year.
Where does Realmo's New Iberia market data come from?
Realmo compiles New Iberia, LA figures from 282 active sale listings, 72 active lease listings, 2,859 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 282 active for-sale and 72 active for-lease listings in New Iberia, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
