New Orleans, LA Home Values (2026)
The median home value in New Orleans is about $237,000 (~$190/sq ft) — 18% more affordable than the typical U.S. home. Below: how New Orleans compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to New Orleans?
Here’s what the numbers say about housing costs in New Orleans. A typical home runs about $237,000, which is 18% more affordable than the national median and 23% more expensive than the Louisiana average. At roughly $190 per square foot, a median budget here buys you around 1,250 sq ft of home.
Prices swing a lot by neighborhood: across New Orleans’s 17 ZIP codes, the most affordable is 70126 (~$152,000) and the priciest is 70115 (~$531,000) — roughly a 3.5× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
New Orleans home value by size
Using the local rate of about $190 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $190,000 |
| 1,500 sq ft | $285,000 |
| 2,000 sq ft | $380,000 |
| 2,500 sq ft | $475,000 |
| 3,000 sq ft | $570,000 |
Estimate your specific home in New Orleans
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in New Orleans, LA
Typical value and price per square foot for each New Orleans ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 70115 | $531,000 | $342 |
| 70124 | $507,000 | $243 |
| 70130 | $450,000 | $364 |
| 70118 | $369,000 | $244 |
| 70112 | $326,000 | $408 |
| 70116 | $311,000 | $436 |
| 70119 | $294,000 | $215 |
| 70125 | $294,000 | $190 |
| 70113 | $237,000 | $316 |
| 70122 | $223,000 | $175 |
| 70131 | $213,000 | $131 |
| 70128 | $177,000 | $110 |
| 70117 | $173,000 | $176 |
| 70127 | $165,000 | $115 |
| 70114 | $163,000 | $179 |
| 70129 | $154,000 | $118 |
| 70126 | $152,000 | $112 |
Grow your home’s value in New Orleans
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how New Orleans stacks up against other Louisiana cities on the Louisiana home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.