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Area data

New orleans, LA — ZIP 70122

Population: 35,253 (Census ACS)

Home values & appreciation

Median home value
$219,561
1-year appreciation
-4.3%
3-year appreciation
-15.6%
5-year appreciation
-17.1%
10-year appreciation
+14.7%
All-time peak (2022-07)
$286,318
House Price Index
368.9 (+2.6% YoY)

Market activity

Median sale price
$286,800
Median list price
$307,500
Median days on market
58 days
Sale-to-list ratio
98.5%
Active listings
138
1-year forecast
-3.6%
Days to pending
128 days
New listings (monthly)
32

Rents

Typical rent
$1,558/mo
1-year rent change
-1.4%
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
15
Elementary schools
8
Middle schools
0
High schools
5
Charter schools
14

Natural hazards & flood risk

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

Climate (30-year normals)

Average annual temperature
72.0°F
Average high
81.0°F
Average low
63.0°F
Annual precipitation
66.1 in

Air quality

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

Walkability & transit

Walkability index
12.8 / 20
Transit service frequency
286

Amenities

National parks within ~60 mi
2
Nearest national park
New Orleans Jazz National Historical Park (4 mi)
Nearest airport
Lakefront Airport (NEW) (3 mi)
Nearest major airport
Lakefront Airport (NEW) (3 mi)
Hospitals nearby (~15 mi)
17
Avg hospital rating
3.3 / 5
Solar radiation rating
Good (4.7 kWh/m²/day)

Migration

Net migration
-3,093 tax filers

Housing stock

Median year housing built
1,959
Median annual property tax
$1,862
Mean commute to work
18 min
Households with broadband internet
76.2%

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