Housing in New Orleans, Louisiana
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Housing - Updated September, 2011
| Median Home Age | 57.4 | 35.1 |
| Median Home Cost | $178,500 | $175,100 |
| Home Appreciation | -1.41% | -3.15% |
| Homes Owned | 47.55% | 59.90% |
| Housing Vacant | 9.32% | 10.37% |
| Homes Rented | 43.12% | 29.73% |
| Property Tax Rate | $2.28 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.51% | 2.65% |
| $20,000 to $39,999 | 1.21% | 3.76% |
| $40,000 to $59,999 | 2.11% | 4.99% |
| $60,000 to $79,999 | 4.24% | 6.01% |
| $80,000 to $99,999 | 6.28% | 7.27% |
| $100,000 to $149,999 | 25.49% | 19.24% |
| $150,000 to $199,999 | 20.75% | 14.67% |
| $200,000 to $299,999 | 16.52% | 18.09% |
| $300,000 to $399,999 | 9.10% | 9.14% |
| $400,000 to $499,999 | 4.61% | 4.94% |
| $500,000 to $749,999 | 4.92% | 5.42% |
| $750,000 to $999,999 | 2.32% | 2.03% |
| $1,000,000 or more | 1.94% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 5.75% | 13.71% |
| 1995 to 1998 | 2.02% | 8.54% |
| 1990 to 1994 | 1.39% | 5.77% |
| 1980 to 1989 | 7.47% | 13.87% |
| 1970 to 1979 | 11.61% | 16.17% |
| 1960 to 1969 | 12.75% | 11.70% |
| 1950 to 1959 | 12.36% | 11.08% |
| 1940 to 1949 | 12.82% | 6.02% |
| 1939 or Earlier | 33.83% | 13.15% |
The median home value in New Orleans, LA, is $178,500. Home appreciation is -1.41% over the last year. The median age of New Orleans, LA, real estate is 57 years.
New Orleans, LA Apartments and Rentals
Renters make up 43.12% of the New Orleans, LA, population. 9.32% of houses and apartments in New Orleans, LA, are unoccupied (vacancy rate).
New Orleans Housing SperlingViews
not much for your money: If you're looking to buy or rent in New Orleans, just know that you won't get much for your money. The city is rich culturally, but outside of that...there isn't much to... (read more)unemployment: Rate is 9.80 in the New Orleans-Kenner-Metairie area....certainly not... (read more)Wrong Unemployment rate: New Orleans-Metairie-Kenner Unemployment rate is actually 9.80 not... (read more)Have an opinion about New Orleans? Leave a commentTo See All SperlingViews for New Orleans Click Here
