St. Claude, New Orleans, LA—70119
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — St. Claude, New Orleans, LA
As of Oct '25, the median home price in St. Claude, New Orleans, LA is $289,000, with a year-over-year change of -5.1%. This indicates that home prices in St. Claude, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -4.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $289,000 | -5.1% |
| Single Family | $290,000 | -4.3% |
| Condos | $252,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $225,000 | -0.4% |
2 Bed | $254,000 | -3.8% |
3 Bed | $310,000 | -2.2% |
4 Bed | $300,000 | -2.3% |
| 5 Bed | $347,000 | -2.0% |
% of Housing Stock
Rental Trends — St. Claude, New Orleans, LA
As of July '25, Rentcast reports the average rent in St. Claude, New Orleans, LA is $1,690, with a year-over-year rent change of 0.6%. Per bedroom, the median rent as of July '25 in St. Claude, New Orleans, LA is studios: $1,080, 1-bedrooms: $1,250, 2-bedrooms: $1,660, 3-bedrooms: $2,070, 4-bedrooms: $3,010. The most common rental property sizes in St. Claude, New Orleans, LA are 2-bedroom and 1-bedroom, accounting for 45.2% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,690 |
| Studio Rent | $1,000 | $1,080 |
| 1 Bed Rent | $1,200 | $1,250 |
| 2 Bed Rent | $1,580 | $1,660 |
| 3 Bed Rent | $1,930 | $2,070 |
| 4 Bed Rent | $2,380 | $3,010 |
% of Rental Stock
Property Listings — St. Claude, New Orleans, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in St. Claude, New Orleans, LA is 89. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | -6.0% |
Listing Count | 154 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 89 | 1.0% |
Demographics — St. Claude, New Orleans, LA
As of the latest ACS Survey released in 2023, St. Claude, New Orleans, LA has a population of 36,200, which has decreased by -5.5% over the past 5 years. St. Claude, New Orleans, LA is a moderately popular place for families, as children make up 16.2% of the population. The area has a highly educated workforce, with 47.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,200 | -5.5% |
% Under 18 | 16.2% | 12.5% |
% Seniors | 16.6% | 40.7% |
% WFH | 16.4% | 234.7% |
% w/ College Degree | 47.2% | 29.0% |
As of the latest ACS Survey released in 2023, St. Claude, New Orleans, LA is a predominantly black area, with 44.2% of the population identifying as black. The black population has shrunk by 17.5% in the last 5 years. The second most common race or ethnicity in St. Claude, New Orleans, LA is white, making up 39.5% of the population. Foreign-born residents account for 5.7% of the population in St. Claude, New Orleans, LA, and this percentage has decreased by 9.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.5% | 12.9% |
% Black | 44.2% | -17.5% |
% Hispanic | 8.6% | -2.3% |
% Asian | 1.0% | 25.0% |
% Foreign Born | 5.7% | -9.5% |
Mortgage and Risk — St. Claude, New Orleans, LA
According to HUD data as of 2023, there were 334 mortgage originations in St. Claude, New Orleans, LA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in St. Claude, New Orleans, LA. Investor activity is low, as 12.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 334 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 12.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — St. Claude, New Orleans, LA
As of 2024, the percent of homes in St. Claude, New Orleans, LA under the Section 8 program is 20.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In St. Claude, New Orleans, LA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 2,381 |
Total Units Section 8 | 2,214 |
% Rentals under Section 8 | 20.5% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,200 | $1,380 |
| 2 Bedroom | $70 | $1,580 | $1,650 |
| 3 Bedroom | $180 | $1,930 | $2,110 |
| 4 Bedroom | $100 | $2,380 | $2,480 |
Affordability — St. Claude, New Orleans, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $289,000 |
| Median Household Income | $50,900 |