ZIP Code 70119 — New Orleans, LA Home Prices (2026)

The typical home in ZIP 70119 (New Orleans, Louisiana) is worth about $296,000 at roughly $218 per square foot — 30% more expensive than the New Orleans median and 1% more expensive than the typical U.S. home.

$296,000
Typical home value
$218
Price per sq ft
#7 of 17
New Orleans ZIPs by value
+30%
vs New Orleans median

How 70119 compares

ZIP 70119 is a mid-priced ZIP code for New Orleans: its typical home value of $296,000 ranks #7 of the 17 New Orleans ZIP codes we track (the citywide range runs from $151,000 in 70126 to $529,000 in 70115). Per square foot it costs about $218, against $189 for New Orleans as a whole, $136 for Louisiana, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 70119$296,000$218
New Orleans, LA$228,000$189
Louisiana$194,000$136
United States$294,000$195

Home value by size in 70119

Using this ZIP’s rate of about $218 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$218,000
1,500 sq ft$327,000
2,000 sq ft$436,000
2,500 sq ft$545,000
3,000 sq ft$654,000

Salary needed to buy a home in ZIP 70119

To buy the typical $296,000 home in ZIP 70119 with 20% down, you need a household income of roughly $81,000 a year (about $1,880 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $96,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$14,800$2,340/mo$100,000/yr
10% (+PMI)$29,600$2,230/mo$96,000/yr
20%$59,200$1,880/mo$81,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 70119

At about $218 per square foot, here is roughly how much home different budgets get you in ZIP 70119:

BudgetApprox. sizeWhat that looks like locally
$150k690 sq ftbelow the local median — condos, smaller or older homes
$200k920 sq ftbelow the local median — condos, smaller or older homes
$250k1150 sq ftaround the typical home here
$300k1380 sq ftaround the typical home here
$400k1830 sq ftabove the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 70119 home.

Estimate a specific home in 70119

The estimator below is pre-set to ZIP 70119 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All New Orleans ZIP codes by home value

Where 70119 sits among New Orleans’s 17 ZIP codes:

#ZIP codeTypical value$ / sq ft
170115$529,000$329
270124$509,000$241
370130$446,000$357
470118$365,000$243
570112$331,000$413
670116$310,000$421
770119 (this page)$296,000$218
870125$287,000$189
970113$228,000$327
1070122$220,000$172
1170131$213,000$130
1270117$175,000$161
1370128$175,000$114
1470127$166,000$116
1570114$163,000$171
1670129$152,000$117
1770126$151,000$108

ZIP 70119 home prices: frequently asked

What is the average home price in ZIP code 70119? +
The typical home in ZIP 70119 (New Orleans, LA) is worth about $296,000 as of 2026. That is 30% more expensive than the New Orleans median of $228,000 and 1% more expensive than the U.S. median of $294,000.
What is the price per square foot in 70119? +
About $218 per square foot in 70119, versus $189 across New Orleans and $136 across Louisiana. At that rate a 1,500 sq ft home runs roughly $327,000 and a 2,500 sq ft home about $545,000.
What salary do you need to buy a house in ZIP 70119? +
For the typical $296,000 home in ZIP 70119, a household income of about $81,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $96,000; with 5% down about $100,000.
Is 70119 an expensive ZIP code? +
Within New Orleans, 70119 ranks #7 of 17 ZIP codes by typical home value, which makes it a mid-priced ZIP code for New Orleans. Nationally it is about average.

See the full New Orleans home values page, all Louisiana cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.