Orleans Parish, LA Average Home Price (2026)
The average home price in Orleans Parish, Louisiana is about $225,000 (the 2026 median across 17 ZIP codes, at ~$191/sq ft) — 14% more expensive than the Louisiana median and 22% more affordable than the typical U.S. home.
How Orleans Parish compares
Orleans Parish is about average for housing nationally: its typical home costs $225,000 against $198,000 for Louisiana and $289,000 for the U.S. Within the county, ZIP-level values run from about $152,000 to $525,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Orleans Parish | $225,000 | $191 |
| Louisiana | $198,000 | $133 |
| United States | $289,000 | $193 |
Cities in Orleans Parish
Cities with their own home-value page, largest first:
Orleans Parish home prices by ZIP code
The 15 most valuable ZIP codes in Orleans Parish (of 17 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 70115 New Orleans | $525,000 | $335 | +133% |
| 70124 New Orleans | $500,000 | $228 | +122% |
| 70130 New Orleans | $441,000 | $355 | +96% |
| 70118 New Orleans | $354,000 | $243 | +57% |
| 70112 New Orleans | $332,000 | $407 | +48% |
| 70116 New Orleans | $307,000 | $414 | +36% |
| 70119 New Orleans | $292,000 | $227 | +30% |
| 70125 New Orleans | $277,000 | $191 | +23% |
| 70113 New Orleans | $225,000 | $238 | +0% |
| 70122 New Orleans | $220,000 | $174 | -2% |
| 70131 New Orleans | $211,000 | $130 | -6% |
| 70128 New Orleans | $172,000 | $109 | -24% |
| 70117 New Orleans | $171,000 | $169 | -24% |
| 70127 New Orleans | $163,000 | $114 | -28% |
| 70114 New Orleans | $162,000 | $170 | -28% |
Home value appreciation in Orleans Parish
Home prices in Orleans Parish have risen about 30% over the last 10 years (≈2.6% a year) and +72.1% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at -1.4% — a recent dip. A home worth $225,000 today was worth roughly $173,745 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Louisiana is +37.9% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Orleans Parish
Run the numbers for Orleans Parish with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Orleans Parish
To buy the typical $225,000 home in Orleans Parish with 20% down, you need a household income of roughly $61,000 a year (about $1,430 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $73,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $11,300 | $1,780/mo | $76,000/yr |
| 10% (+PMI) | $22,500 | $1,700/mo | $73,000/yr |
| 20% | $45,000 | $1,430/mo | $61,000/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 Orleans Parish
At about $191 per square foot, here is roughly how much home different budgets get you in Orleans Parish:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 790 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1050 sq ft | around the typical home here |
| $250k | 1310 sq ft | around the typical home here |
| $300k | 1570 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2090 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 filtered to Louisiana.
Estimate a specific home in Orleans Parish
Enter your ZIP and size for an instant estimate tailored to your exact area:
Orleans Parish home prices: frequently asked
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Browse all Louisiana cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.