Uptown, New Orleans, LA—70130
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Uptown, New Orleans, LA
As of Oct '25, the median home price in Uptown, New Orleans, LA is $433,000, with a year-over-year change of -3.1%. This indicates that home prices in Uptown, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $433,000 | -3.1% |
| Single Family | $556,000 | -1.8% |
| Condos | $341,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $234,000 | -4.9% |
2 Bed | $403,000 | -2.4% |
3 Bed | $605,000 | -2.1% |
4 Bed | $702,000 | 0.0% |
| 5 Bed | $920,000 | -4.1% |
% of Housing Stock
Rental Trends — Uptown, New Orleans, LA
As of July '25, Rentcast reports the average rent in Uptown, New Orleans, LA is $2,350, with a year-over-year rent change of -0.4%. Per bedroom, the median rent as of July '25 in Uptown, New Orleans, LA is studios: $1,360, 1-bedrooms: $1,830, 2-bedrooms: $2,660, 3-bedrooms: $4,280, 4-bedrooms: $5,950. The most common rental property sizes in Uptown, New Orleans, LA are 1-bedroom and 2-bedroom, accounting for 50.2% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,350 |
| Studio Rent | $1,380 | $1,360 |
| 1 Bed Rent | $1,700 | $1,830 |
| 2 Bed Rent | $2,350 | $2,660 |
| 3 Bed Rent | $3,300 | $4,280 |
| 4 Bed Rent | $5,500 | $5,950 |
% of Rental Stock
Property Listings — Uptown, New Orleans, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Uptown, New Orleans, LA is 80. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | -10.0% |
Listing Count | 211 | -2.0% |
| Listings as % of Homes | 1.3% | -2.0% |
Days on Market | 80 | -7.0% |
Demographics — Uptown, New Orleans, LA
As of the latest ACS Survey released in 2023, Uptown, New Orleans, LA has a population of 12,900, which has decreased by -9.8% over the past 5 years. Uptown, New Orleans, LA is a less popular place for families, as children make up 10.7% of the population. The area has a highly educated workforce, with 63.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,900 | -9.8% |
% Under 18 | 10.7% | 1.9% |
% Seniors | 17.2% | 38.7% |
% WFH | 20.4% | 179.5% |
% w/ College Degree | 63.6% | 10.2% |
As of the latest ACS Survey released in 2023, Uptown, New Orleans, LA is a predominantly white area, with 56.5% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Uptown, New Orleans, LA is black, making up 28.5% of the population. Foreign-born residents account for 10.0% of the population in Uptown, New Orleans, LA, and this percentage has increased by 28.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.5% | -6.5% |
% Black | 28.5% | 4.8% |
% Hispanic | 9.7% | 14.1% |
% Asian | 2.0% | 11.1% |
% Foreign Born | 10.0% | 28.2% |
Mortgage and Risk — Uptown, New Orleans, LA
According to HUD data as of 2023, there were 142 mortgage originations in Uptown, New Orleans, LA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Uptown, New Orleans, LA. Investor activity is low, as 15.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 142 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 15.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Uptown, New Orleans, LA
As of 2024, the percent of homes in Uptown, New Orleans, LA under the Section 8 program is 18.0%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Uptown, New Orleans, LA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,047 |
Total Units Section 8 | 824 |
% Rentals under Section 8 | 18.0% |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,700 | $1,860 |
| 2 Bedroom | -$130 | $2,350 | $2,220 |
| 3 Bedroom | -$460 | $3,300 | $2,840 |
| 4 Bedroom | -$2,170 | $5,500 | $3,330 |
Affordability — Uptown, New Orleans, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $433,000 |
| Median Household Income | $82,800 |