New Orleans Real Estate Market
The median sale price for homes in New Orleans over the last 12 months is $138,000.
The median mortgage debt is $70,611.
The price per square foot for listings in this area is $105.
The median sale price in January for single family homes is $100,000. The sale prices dropped by -20.94% from the previous month.
The number of active listings in New Orleans increased by 1% from the previous month.
The median number of days active properties have been listed is 78. This is significantly shorter than the national average.
The number of sales in January dropped by 66.1% from the previous month.
New Orleans has a high % of unoccupied properties. It is 14.53% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in New Orleans is 27.41% below the national average.
The percent of rental properties in New Orleans is 15.68% 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.
New Orleans, LA Real Estate
