For-Lease Area, New Orleans, LA—70112
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$326,000
1.7% YoY Growth
Household Income
$23,100
52.9% YoY Growth
Days on Market
93
10.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
$2,190
5.3% YoY Growth
1-Bed Rent
$2,180
28.1% YoY Growth
2-Bed Rent
$2,750
7.0% YoY Growth
3-Bed Rent
$2,600
10.8% YoY Growth
Home Price Trends — For-Lease Area, New Orleans, LA
As of May '26, the median home price in For-Lease Area, New Orleans, LA is $326,000, with a year-over-year change of -1.7%. This indicates that home prices in For-Lease Area, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $326,000 | -1.7% |
| Single Family | $346,000 | -4.7% |
| Condos | $321,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |