70123 Home Values & Market Trends

There are 27 homes currently listed for 70123. 70123 real estate market trends show that home prices range from $223,000 to $1,950,000, and the median sales price in the 70123 zip code is $302,765.78. The total number of properties sold within the past twelve months is 290. In 70123, 4 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.

Housing Market Summary for 70123

Apr 2023March 2024Change
Median Listing Price$359K$269.2K-25.02%
Median Sold Price$282K$269.2K-4.55%
Homes For Sale3127-12.90%
Homes Sold129112-13.18%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 70123

The median list price of a home in New Orleans, is $302,765.78. A total of 27 properties are for sale, and the percentage of properties for sale in the zip code is 27.00%. The total count of 70123 properties is 8,740.

Foreclosure
There are 2 cities within 70123; within these cities, the median estimated home value for homes in foreclosure ranges from $2,351,861 in new orleans to the lowest value of $41,619 in new orleans. Foreclosure homes account for 0.00% of properties in 70123 with new orleans containing 191 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 70123 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 70123; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 70123 ranges from the highest value of $727,500 in new orleans to the lowest value of $44,900 in new orleans. Bank owned homes and properties account for 0.02% of properties in 70123. There are 2 cities within 70123; new orleans containing 40 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    new orleans has 151 auction properties, the highest number of properties going to auction in a single city in the state of 70123. Auction homes and other auction properties account for 0.02% of all properties in 70123. There are 2 cities within 70123; of those cities, the median estimated home value for homes going to auction ranges from $2,351,861 in new orleans to the lowest value of $41,619 in new orleans.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in 70123 with new orleans containing 683 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 70123; homes for sale in those cities, have a range of median values from $6,883,211 in new orleans to the lowest value of $36,373 in new orleans.
    Sold Homes
    The median value for recently sold homes ranges from $4,113,560 in new orleans to the lowest price of $21,453 in new orleans. There are 2 cities within 70123. new orleans has 1677 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.43% of properties in 70123.

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      Guide for 70123

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      See More Articles
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports|posted 18 March 2024

      The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.

      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes 70123

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