Zip 70113 (New Orleans, LA) Housing

In New Orleans, LA, the median housing value in 70113 is $296,500 which is slightly lower than the US house median value of $338,100. The US house appreciation over the last year was 8.27%, compared to 6.11% in New Orleans, 70113. This suggests that although the housing prices are growing in this area, they are doing so at a slower rate than elsewhere in the country.

The median home cost in New Orleans (zip 70113) is $296,500. Home appreciation the last 10 years has been 74.3%. Home Appreciation in New Orleans (zip 70113) is up 9.2%.

Average Age of Homes

- The median age of New Orleans (zip 70113) real estate is 69 years old

The Rental Market in New Orleans (zip 70113)

- Renters make up 58.9% of the New Orleans (zip 70113) population
- 3.6% of houses and apartments in New Orleans (zip 70113), 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
	5,125.0	139,647,020.0
	72	42
	$296,500	$338,100
	9.2%	16.6%
	33.6%	57.0%
	74.3%	101.1%
	$8.02	$10.98
	$1,478	$2,690
	14.8%	57.4%
	26.9%	11.2%
	58.3%	31.4%
Vacant Housing
	3.6%	1.9%
	1.5%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	5.4%	3.6%
	15.0%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.0%	2.4%
	1.7%	2.8%
	8.0%	3.9%
	4.7%	4.5%
	11.3%	11.3%
	26.6%	13.0%
	16.2%	20.1%
	3.8%	13.6%
	12.8%	8.3%
	8.8%	9.7%
	0.7%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	3.3%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	1.1%	13.6%
	1.3%	13.2%
	3.8%	14.8%
	1.1%	13.6%
	4.2%	10.0%
	6.7%	4.7%
	43.9%	12.2%

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