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Area data

New orleans, LA — ZIP 70115

Population: 31,183 (Census ACS)

Home values & appreciation

Median home value
$529,311
1-year appreciation
+0.5%
3-year appreciation
-6.7%
5-year appreciation
-5.8%
10-year appreciation
+14.6%
All-time peak (2022-06)
$615,851
House Price Index
368.9 (+2.6% YoY)

Market activity

Median sale price
$760,400
Median list price
$749,000
Median days on market
39.5 days
Sale-to-list ratio
97.3%
Active listings
78
1-year forecast
-2.2%
Days to pending
58 days
New listings (monthly)
39

Rents

Typical rent
$1,718/mo
1-year rent change
+2.4%
1BR fair-market rent
$846/mo
3BR fair-market rent
$1,340/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
12.6¢/kWh
Natural gas rate (state-level)
$17.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
3
Middle schools
0
High schools
2
Charter schools
7

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hurricane, lightning, coldWave, heatWave, inlandFlooding
FEMA flood zone
A01
Flood risk level
High

Climate (30-year normals)

Average annual temperature
73.0°F
Average high
80.0°F
Average low
65.0°F
Annual precipitation
44.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
248

Walkability & transit

Walkability index
13.3 / 20
Transit service frequency
380

Amenities

National parks within ~60 mi
2
Nearest national park
New Orleans Jazz National Historical Park (3 mi)
Nearest airport
Southern Seaplane Airport (BCS) (6 mi)
Nearest major airport
New Orleans NAS JRB/Alvin Callender Field (NBG) (8 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
3.0 / 5
Solar radiation rating
Good (4.7 kWh/m²/day)

Migration

Net migration
-3,093 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$5,716
Mean commute to work
16 min
Households with broadband internet
81.2%

Employment & development

Total county employment
161,489
Average weekly wage
$1,199
Top industries (by employment)
Accommodation & Food, Health Care, Education
Annual residential building permits (county)
165

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents