Zip 70114 (New Orleans, LA) Housing

The housing median value in 70114 New Orleans, LA is $163,100. This is significantly lower than the US house median value of $338,100. The US one year house appreciation is 8.27%, while the house one year appreciation in 70114 New Orleans, LA is 6.11%. This shows that the housing market in this area of New Orleans has not seen as much growth compared to other areas of the country, but it still remains a great option for those looking for affordable housing options.

The median home cost in New Orleans (zip 70114) is $163,100. Home appreciation the last 10 years has been 74.3%. Home Appreciation in New Orleans (zip 70114) is up 9.2%.

Average Age of Homes

- The median age of New Orleans (zip 70114) real estate is 50 years old

The Rental Market in New Orleans (zip 70114)

- Renters make up 46.9% of the New Orleans (zip 70114) population
- 3.2% of houses and apartments in New Orleans (zip 70114), 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
	11,907.0	139,647,020.0
	56	42
	$163,100	$338,100
	9.2%	16.6%
	33.6%	57.0%
	74.3%	101.1%
	$6.44	$10.98
	$1,068	$2,690
	35.3%	57.4%
	19.2%	11.2%
	45.6%	31.4%
Vacant Housing
	3.2%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.7%	0.4%
	1.8%	3.6%
	13.1%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.3%	2.4%
	2.5%	2.8%
	2.8%	3.9%
	14.1%	4.5%
	19.3%	11.3%
	21.9%	13.0%
	15.4%	20.1%
	12.3%	13.6%
	7.0%	8.3%
	1.5%	9.7%
	0.5%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	6.6%	13.6%
	6.8%	13.2%
	18.0%	14.8%
	6.6%	13.6%
	15.0%	10.0%
	6.0%	4.7%
	18.7%	12.2%

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