Zip 70129 (New Orleans, LA) Housing

The median value of a home in 70129 New Orleans, LA is $158,100, which is lower than the US national median value of $338,100. Over the course of the past year, house appreciation in 70129 was 6.11%, which is 2.16% lower than the US average of 8.27%. Despite this lower rate of appreciation, housing prices have still seen growth and many people are looking to buy or rent in this area as it provides a great balance between affordability and quality living.

The median home cost in New Orleans (zip 70129) is $158,100. Home appreciation the last 10 years has been 74.3%. Home Appreciation in New Orleans (zip 70129) is up 9.2%.

Average Age of Homes

- The median age of New Orleans (zip 70129) real estate is 34 years old

The Rental Market in New Orleans (zip 70129)

- Renters make up 29.6% of the New Orleans (zip 70129) population
- 2.0% of houses and apartments in New Orleans (zip 70129), 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
	3,483.0	139,647,020.0
	39	42
	$158,100	$338,100
	9.2%	16.6%
	33.6%	57.0%
	74.3%	101.1%
	$6.26	$10.98
	$956	$2,690
	60.6%	57.4%
	11.9%	11.2%
	27.5%	31.4%
Vacant Housing
	2.0%	1.9%
	0.4%	0.4%
	0.3%	0.7%
	0.3%	0.4%
	4.6%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	1.4%	2.4%
	1.8%	2.8%
	2.9%	3.9%
	5.5%	4.5%
	32.3%	11.3%
	27.1%	13.0%
	14.2%	20.1%
	7.3%	13.6%
	0.8%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.8%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.2%	13.6%
	9.2%	13.6%
	10.7%	13.6%
	29.8%	13.2%
	26.1%	14.8%
	10.7%	13.6%
	3.8%	10.0%
	1.2%	4.7%
	0.4%	12.2%

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