70127 Real Estate Market
The median sale price for homes in 70127 over the last 12 months is $69,999.
The median mortgage debt is $61,643.
The price per square foot for listings in this area is $72.
The median sale price in February for single family homes is $64,150. The sale prices increased by 2.64% from the previous month.
The number of active listings in New Orleans dropped by 2.2% from the previous month.
The median number of days active properties have been listed is 91.
The number of sales in February dropped by 40% from the previous month.
New Orleans has a high % of unoccupied properties. It is 9.7% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in New Orleans is 26.67% below the national average.
The percent of rental properties in New Orleans is 19.77% 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.
