70560, New Iberia, LA

The home equity and home prices in the 70560 zip code of New Iberia, LA are very high. The median home value in this zip code is $224,000 and the median home equity value is $153,000. This is a very high number when compared to other zip codes in Louisiana. The average home value in Louisiana is $130,000 and the average home equity value is $102,000.

There are a number of reasons why the home equity and home prices in the 70560 zip code of New Iberia, LA are so high. First, this area has a lot of wealth concentrated within its population. Second, there is a lot of demand for homes in this zip code because it is located near many major businesses and attractions. Third, New Iberia has been growing rapidly over the past few years and new homes have been built to meet that demand. Finally, there are not many other options for buyers who want to purchase a house in this area.