Mid-City West, New Orleans, LA—70131

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$213,000

3.7% YoY Growth

Household Income

$64,300

32.4% YoY Growth

Days on Market

11.0% Shorter YoY

Home Price Forecast

-3.2%

Median Rent

$1,800

3.5% YoY Growth

1-Bed Rent

$875

15.6% YoY Growth

2-Bed Rent

$1,500

20.2% YoY Growth

3-Bed Rent

$1,800

3.6% YoY Growth

Home Price Trends — Mid-City West, New Orleans, LA

As of May '26, the median home price in Mid-City West, New Orleans, LA is $213,000, with a year-over-year change of -3.7%. This indicates that home prices in Mid-City West, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -3.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$213,000	-3.7%
Single Family	$216,000	-3.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,920
Studio Rent	$2,500	$2,500
1 Bed Rent	$875	$886
2 Bed Rent	$1,500	$1,490
3 Bed Rent	$1,800	$2,000
4 Bed Rent	$2,250	$2,640

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$288,000	-6.0%
Listing Count	162	7.0%
Listings as % of Homes	0.9%	7.0%
Days on Market	68	-11.0%

Metric	Latest Census	YoY % Change
Population	25,500	-24.4%
% Under 18	20.5%	-17.3%
% Seniors	17.1%	21.3%
% WFH	8.2%	215.4%
% w/ College Degree	36.4%	10.6%

Metric	Latest Census	5-Year % Change
% White	20.0%	-11.9%
% Black	62.9%	-3.2%
% Hispanic	11.1%	60.9%
% Asian	4.2%	-6.7%
% Foreign Born	8.1%	3.8%

Metric	Zip Code Average
Total Loan Originations	328
% Conventional Loans	59.0%
% Government Loans	41.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	13.0%

Mid-City West, New Orleans, LA—70131

Key Metrics at a Glance

Home Price Trends — Mid-City West, New Orleans, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mid-City West, New Orleans, LA

% of Rental Stock

Property Listings — Mid-City West, New Orleans, LA

Demographics — Mid-City West, New Orleans, LA

Race and Ethnicity

Mortgage and Risk — Mid-City West, New Orleans, LA

Mortgages

Rentals and Section 8 — Mid-City West, New Orleans, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mid-City West, New Orleans, LA

Home Price to Income Ratio

Mid-City West, New Orleans, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Meraux, LA

Chalmette, LA

Arabi, LA

Violet, LA

Gretna, LA

Frequently Asked Questions

Total Units under HUD	712
Total Units Section 8	673
% Rentals under Section 8	18.5%
% Occupied Section 8	98.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$255	$875	$1,130
2 Bedroom	-$150	$1,500	$1,350
3 Bedroom	-$70	$1,800	$1,730
4 Bedroom	-$220	$2,250	$2,030

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$213,000
Median Household Income	$64,300

Mid-City West, New Orleans, LA—70131

Key Metrics at a Glance

Home Price Trends — Mid-City West, New Orleans, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mid-City West, New Orleans, LA

% of Rental Stock

Property Listings — Mid-City West, New Orleans, LA

Demographics — Mid-City West, New Orleans, LA

Race and Ethnicity

Mortgage and Risk — Mid-City West, New Orleans, LA

Mortgages

Rentals and Section 8 — Mid-City West, New Orleans, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mid-City West, New Orleans, LA

Home Price to Income Ratio

Mid-City West, New Orleans, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Meraux, LA

Chalmette, LA

Arabi, LA

Violet, LA

Gretna, LA

Frequently Asked Questions

What is the average home price in Mid-City West, New Orleans, LA 70131?

How have home prices in Mid-City West, New Orleans, LA 70131 changed over the past year?

What is the home price projection for Mid-City West, New Orleans, LA 70131?

What are the demographics of Mid-City West, New Orleans, LA 70131?

How long does it take homes to sell in Mid-City West, New Orleans, LA 70131?

What is the average rent price in Mid-City West, New Orleans, LA 70131?