ZIP Code 70128 — New Orleans, LA Home Prices (2026)
The typical home in ZIP 70128 (New Orleans, Louisiana) is worth about $175,000 at roughly $114 per square foot — 23% more affordable than the New Orleans median and 40% more affordable than the typical U.S. home.
How 70128 compares
ZIP 70128 is one of the more affordable ZIP codes in New Orleans: its typical home value of $175,000 ranks #13 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 $114, against $189 for New Orleans as a whole, $136 for Louisiana, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 70128 | $175,000 | $114 |
| New Orleans, LA | $228,000 | $189 |
| Louisiana | $194,000 | $136 |
| United States | $294,000 | $195 |
Home value by size in 70128
Using this ZIP’s rate of about $114 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $114,000 |
| 1,500 sq ft | $171,000 |
| 2,000 sq ft | $228,000 |
| 2,500 sq ft | $285,000 |
| 3,000 sq ft | $342,000 |
Salary needed to buy a home in ZIP 70128
To buy the typical $175,000 home in ZIP 70128 with 20% down, you need a household income of roughly $48,000 a year (about $1,110 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $57,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $8,800 | $1,380/mo | $59,000/yr |
| 10% (+PMI) | $17,500 | $1,320/mo | $57,000/yr |
| 20% | $35,000 | $1,110/mo | $48,000/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 70128
At about $114 per square foot, here is roughly how much home different budgets get you in ZIP 70128:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1320 sq ft | around the typical home here |
| $200k | 1750 sq ft | around the typical home here |
| $250k | 2190 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2630 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 3510 sq ft | above 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 70128 home.
Estimate a specific home in 70128
The estimator below is pre-set to ZIP 70128 — 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 70128 sits among New Orleans’s 17 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 70115 | $529,000 | $329 |
| 2 | 70124 | $509,000 | $241 |
| 3 | 70130 | $446,000 | $357 |
| 4 | 70118 | $365,000 | $243 |
| 5 | 70112 | $331,000 | $413 |
| 6 | 70116 | $310,000 | $421 |
| 7 | 70119 | $296,000 | $218 |
| 8 | 70125 | $287,000 | $189 |
| 9 | 70113 | $228,000 | $327 |
| 10 | 70122 | $220,000 | $172 |
| 11 | 70131 | $213,000 | $130 |
| 12 | 70117 | $175,000 | $161 |
| 13 | 70128 (this page) | $175,000 | $114 |
| 14 | 70127 | $166,000 | $116 |
| 15 | 70114 | $163,000 | $171 |
| 16 | 70129 | $152,000 | $117 |
| 17 | 70126 | $151,000 | $108 |
ZIP 70128 home prices: frequently asked
What is the average home price in ZIP code 70128? +
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Is 70128 an expensive ZIP code? +
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.