Vermilion Parish’s public property search can help identify a record; the assessor, Board of Review and Tax Commission have different roles when a valuation is disputed.
Source: Vermilion Parish Assessor’s Office property-search, FAQ and tax-and-appeal pages, checked October 16, 2026
A 2002 study of New Iberia and Morgan City found that land availability, housing costs and uncertain jobs complicated the benefits of industrial growth.
Source: University of Arizona and Minerals Management Service, July 2002.
RentCafe reported a $1,193 average in its August 31 update. Earlier HUD and property-sales reports put that figure in context.
Source: RentCafe, August 31, 2026; HUD, January 1, 2025; ELIFIN, March 2026
Event date: August 31, 2026
Vermilion Boom · Published
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Land listings flat, and one source has not moved at all
Record dated
Parish-wide land listings read 143 across 2,022 acres, against 141 and 2,021 on 10 September. Abbeville’s active listings slipped from 169 to 167, with seven new listings against eight. The median sale price held at $155,000 and the typical home is still taking 130 days to sell.
The cross-check source came back with 160 listings and 1,947 acres — the identical figures it gave two days earlier, down to the acre. Either nothing traded in between, or the page is serving a stored count. There is no way to tell which from the outside.
Abbeville home sales down 27% while asking prices hold
Record dated
Abbeville’s median list price is unchanged at $155,000, $89 per square foot, 169 homes for sale, 8 new listings. What moved is turnover: 85 homes sold in August against 117 the August before, a 27% decline, with days on market shortening from 140 to 130. Correction: the figure of 85 was recorded in an earlier run as the number of active listings among the 169; the source labels it August sales, and the earlier reading was wrong.
Parish land drawdown stops after one week of buying
Record dated
Parish-wide land listings held at 141 for the week, with total acreage at 2,021 against 2,031 the week before — inside the noise. A cross-check source moved the same way: 160 listings against 160, 1,947 acres against 1,938. Last week’s 19% one-week fall in listings did not repeat: one week of buying, then nothing.
A 351-acre tract at Intracoastal City is listed at $57,000, about $162 an acre — roughly 3% of what buildable ridge land fetched in May. The announcement has not changed marsh pricing.
Abbeville rents unchanged, still down year over year
Record dated
Abbeville’s average rent sits at $817 across a 958 sq ft average unit, down from $844 a year earlier, a 3.27% year-over-year decline. By bedroom count: one-bedroom $669, two-bedroom $896, three-bedroom $944. Rents usually move before sale prices, making this the first place a demand shift would show — it has not shown, and a second source corroborates the reading.
Largest land transaction in the parish's recent history: $800 an acre
Record dated
The state sold 125,000 acres at Pecan Island to SpaceX for $100 million, or roughly $800 an acre — about a seventh of the $5,900/ac a small buildable tract on Front Ridge Road fetched in May, and about five times what marsh at Intracoastal City is currently asking. One outlet is carrying the price; a second confirmation would settle it. CPRA director Michael Hare says only 1,000 to 1,500 acres are expected to be built on — a small fraction of the acreage SpaceX now holds; the ~40,000-acre figure announced in August for launch facilities is a different, larger number that has not been reconciled with it.