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.

$175,000
Typical home value
$114
Price per sq ft
#13 of 17
New Orleans ZIPs by value
-23%
vs New Orleans median

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.

AreaTypical 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 sizeEstimated 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 paymentCash downMonthly paymentIncome 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:

BudgetApprox. sizeWhat that looks like locally
$150k1320 sq ftaround the typical home here
$200k1750 sq ftaround the typical home here
$250k2190 sq ftabove the median — larger homes or the pricier ZIPs
$300k2630 sq ftabove the median — larger homes or the pricier ZIPs
$400k3510 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 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 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$296,000$218
870125$287,000$189
970113$228,000$327
1070122$220,000$172
1170131$213,000$130
1270117$175,000$161
1370128 (this page)$175,000$114
1470127$166,000$116
1570114$163,000$171
1670129$152,000$117
1770126$151,000$108

ZIP 70128 home prices: frequently asked

What is the average home price in ZIP code 70128? +
The typical home in ZIP 70128 (New Orleans, LA) is worth about $175,000 as of 2026. That is 23% more affordable than the New Orleans median of $228,000 and 40% more affordable than the U.S. median of $294,000.
What is the price per square foot in 70128? +
About $114 per square foot in 70128, versus $189 across New Orleans and $136 across Louisiana. At that rate a 1,500 sq ft home runs roughly $171,000 and a 2,500 sq ft home about $285,000.
What salary do you need to buy a house in ZIP 70128? +
For the typical $175,000 home in ZIP 70128, a household income of about $48,000 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 $57,000; with 5% down about $59,000.
Is 70128 an expensive ZIP code? +
Within New Orleans, 70128 ranks #13 of 17 ZIP codes by typical home value, which makes it one of the more affordable ZIP codes in New Orleans. Nationally it is relatively affordable.

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.