Elmwood, New Orleans, LA—70117
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$173,000
3.4% YoY Growth
Household Income
$41,600
50.0% YoY Growth
Days on Market
70
20.0% Shorter YoY
Home Price Forecast
-3.3%
Median Rent
$1,550
1.2% YoY Growth
1-Bed Rent
$1,350
1.5% YoY Growth
2-Bed Rent
$1,500
3.2% YoY Growth
3-Bed Rent
$1,750
8.9% YoY Growth
Home Price Trends — Elmwood, New Orleans, LA
As of May '26, the median home price in Elmwood, New Orleans, LA is $173,000, with a year-over-year change of -3.4%. This indicates that home prices in Elmwood, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -3.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $173,000 | -3.4% |
| Single Family | $171,000 | -2.3% |
| Condos | $317,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |