Zip 70125 (New Orleans, LA) Housing

The housing median value in 70125 New Orleans, LA is $364,200, which is slightly higher than the US house median value of $338,100. Over the past year, the US house appreciation was 8.27%, while the house 1 year appreciation in 70125 New Orleans was 6.11%. This indicates that the area has a healthy and stable housing market. It is a great place to invest in housing for those looking to buy or rent in New Orleans. The prices are competitive and there are plenty of properties available in the local area.

The median home cost in New Orleans (zip 70125) is $364,200. Home appreciation the last 10 years has been 74.3%. Home Appreciation in New Orleans (zip 70125) is up 9.2%.

Average Age of Homes

- The median age of New Orleans (zip 70125) real estate is 74 years old

The Rental Market in New Orleans (zip 70125)

- Renters make up 42.7% of the New Orleans (zip 70125) population
- 1.8% of houses and apartments in New Orleans (zip 70125), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Orleans, Louisiana	United States
	7,912.0	139,647,020.0
	72	42
	$364,200	$338,100
	9.2%	16.6%
	33.6%	57.0%
	74.3%	101.1%
	$9.42	$10.98
	$3,384	$2,690
	35.3%	57.4%
	17.7%	11.2%
	47.0%	31.4%
Vacant Housing
	1.8%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	2.7%	3.6%
	11.9%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.2%	2.4%
	1.6%	2.8%
	1.3%	3.9%
	1.5%	4.5%
	8.5%	11.3%
	7.0%	13.0%
	16.0%	20.1%
	21.8%	13.6%
	16.8%	8.3%
	17.7%	9.7%
	4.0%	3.9%
	2.2%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	2.0%	13.6%
	4.6%	13.2%
	6.0%	14.8%
	2.0%	13.6%
	10.1%	10.0%
	14.9%	4.7%
	37.0%	12.2%

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