70116 Real Estate Market
The median sale price for homes in 70116 over the last 12 months is $173,000.
The median mortgage debt is $63,896.
The price per square foot for listings in this area is $205.
The median sale price in March for single family homes is $32,500. The sale prices dropped by -35% from the previous month.
The number of active listings in New Orleans increased by 2.6% from the previous month.
The median number of days active properties have been listed is 94.
The number of sales in March dropped by 66.7% from the previous month.
New Orleans has a high % of unoccupied properties. It is 21.38% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in New Orleans is 39.83% below the national average.
The percent of rental properties in New Orleans is 21.25% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
