New Orleans, LA 70156 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
New Orleans, LA — 70156
Median Listing Price
$265K
Population
--
Households
155,821
Median Days on Market
8
Active Listings
1
New Listings
2
Housing Market
Pricing
Median Listing Price
$265K
-- YoY
Average Listing Price
$265K
-- YoY
Price per Sq Ft
$142
-- YoY
Median Sq Ft
1,860
-- YoY
Inventory
Active Listings
1
-- YoY
New Listings
2
-- YoY
Total Listings
1
-- YoY
Buyer Competition
Pending Listings
--
-- YoY
Pending Ratio
--
-- YoY
Median Days on Market
8
-- YoY
Price Reduced
0.0%
-- YoY
Units & Occupancy
2024 Occupancy
196K
units
Occupied
155,821
79.7%
Vacant
39,731
20.3%
2024 Tenure
156K
occupied
Owner
79,744
51.2%
Renter
76,077
48.8%
Renter Share
48.8%
-1.3% YoY
Total Housing Units
195,552
+0.4% YoY
FY2026 Fair Market Rent — Orleans Parish
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$964
/month
1 BR
$1,113
/month
2 BR
$1,331
/month
3 BR
$1,701
/month
4 BR
$1,996
/month
FMR Trends — Orleans Parish
Source: HUD Fair Market Rents
County Demographics
Median Age
38.8
2024
Population
Orleans Parish Population
362,701
-0.7% YoY
Households
Total Households
155,821
+0.5% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.29
-2.1% YoY
Age
2024 Age Mix
372K
residents
Under 18
73,203
19.7%
Adults 18–64
234,733
63.1%
65 & Over
63,917
17.2%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
73,203
-1.6% YoY
Population 65 & Over
63,917
+3.3% YoY
Median Age
38.80
+1.0% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
87.2%
Moved (within US)
12.3%
Other
0.5%
Veterans
4.7%
0.0% YoY
County Economy
Income
Median Household Income
$57K
+2.3% YoY
Per-Capita Income
$41K
+2.4% YoY
Mean Household Income
$92K
+1.9% YoY
Poverty
Below Poverty Level
22.6%
0.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
62.1%
Public transit
4.5%
Worked from home
14.9%
Other
18.5%
Worked From Home
14.9%
+8.8% YoY
Mean Commute
22.60
-0.4% YoY
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