Terrytown, New Orleans, LA—70128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Terrytown, New Orleans, LA
As of Oct '25, the median home price in Terrytown, New Orleans, LA is $171,000, with a year-over-year change of 0.9%. This indicates that home prices in Terrytown, New Orleans, LA are flat. According to Zillow, the 1-year price projection is -5.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 0.9% |
| Single Family | $171,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $104,000 | -8.0% |
3 Bed | $161,000 | 1.9% |
4 Bed | $220,000 | 0.0% |
| 5 Bed | $257,000 | 0.0% |
% of Housing Stock
Rental Trends — Terrytown, New Orleans, LA
As of July '25, Rentcast reports the average rent in Terrytown, New Orleans, LA is $1,400, with a year-over-year rent change of -14.1%. Per bedroom, the median rent as of July '25 in Terrytown, New Orleans, LA is 1-bedrooms: $844, 2-bedrooms: $1,200, 3-bedrooms: $1,550, 4-bedrooms: $2,000. The most common rental property sizes in Terrytown, New Orleans, LA are 3-bedroom and 2-bedroom, accounting for 37.5% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $814 | $844 |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,500 | $1,550 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Terrytown, New Orleans, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Terrytown, New Orleans, LA is 79. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | -14.0% |
Listing Count | 57 | -20.0% |
| Listings as % of Homes | 0.6% | -20.0% |
Days on Market | 79 | 11.0% |
Demographics — Terrytown, New Orleans, LA
As of the latest ACS Survey released in 2023, Terrytown, New Orleans, LA has a population of 23,000, which has increased by 17.8% over the past 5 years. Terrytown, New Orleans, LA is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,000 | 17.8% |
% Under 18 | 24.4% | -0.4% |
% Seniors | 15.9% | 21.4% |
% WFH | 8.8% | 780.0% |
% w/ College Degree | 28.9% | 11.6% |
As of the latest ACS Survey released in 2023, Terrytown, New Orleans, LA is a predominantly black area, with 86.3% of the population identifying as black. The black population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Terrytown, New Orleans, LA is asian, making up 4.7% of the population. Foreign-born residents account for 3.8% of the population in Terrytown, New Orleans, LA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.1% | 127.8% |
% Black | 86.3% | -3.6% |
% Hispanic | 0.9% | 28.6% |
% Asian | 4.7% | -33.8% |
% Foreign Born | 3.8% | 0.0% |
Mortgage and Risk — Terrytown, New Orleans, LA
Terrytown, New Orleans, LA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Terrytown, New Orleans, LA
As of 2024, the percent of homes in Terrytown, New Orleans, LA under the Section 8 program is 37.6%. 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 Terrytown, 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 | 1,076 |
Total Units Section 8 | 1,012 |
% Rentals under Section 8 | 37.6% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $466 | $814 | $1,280 |
| 2 Bedroom | $330 | $1,200 | $1,530 |
| 3 Bedroom | $460 | $1,500 | $1,960 |
| 4 Bedroom | $300 | $2,000 | $2,300 |
Affordability — Terrytown, New Orleans, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $171,000 |
| Median Household Income | $53,500 |