70126 Real Estate Market

70126 Market

The median sale price for homes in 70126 over the last 12 months is $73,333.


The median mortgage debt is $64,171.

Additional Statistics for Single Family Homes and Condos in New Orleans, LA
$129,000
Median Listing Price
77
Median Days on Market
132
Active Listings
14.4%
Distressed Listings
(foreclosures and short sales)
70126 (New Orleans, LA) Price Trends - Sold vs. Listed
The median list price in May for single family homes in New Orleans is $136,500.

The price per square foot for listings in this area is $76.

The median sale price in March for single family homes is $72,500. The sale prices increased by 49.48% from the previous month.

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70126 (New Orleans, LA) Market Inventory Trends

The number of active listings in New Orleans increased by 3.4% from the previous month.

The median number of days active properties have been listed is 76. This is significantly shorter than the national average.

The number of sales in March dropped by 60% from the previous month.

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70126 (New Orleans, LA) Property Ownership

New Orleans has a high % of unoccupied properties. It is 8.6% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in New Orleans is 19.6% below the national average.

The percent of rental properties in New Orleans is 13.81% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.