70131 Home Values & Market Trends
There are 27 homes currently listed for 70131. 70131 real estate market trends show that home prices range from $95,000 to $729,000, and the median sales price in the 70131 zip code is $214,254.33. The total number of properties sold within the past twelve months is 305. In 70131, 15 properties are in foreclosure, 3 are bank owned properties,and 12 are headed for auction.
Housing Market Summary for 70131
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $259.9K | $214.7K | -17.40% |
| Median Sold Price | $225K | $214.7K | -4.59% |
| Homes For Sale | 33 | 26 | -21.21% |
| Homes Sold | 121 | 106 | -12.40% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 70131
Browse Homes in 70131
The median list price of a home in New Orleans, is $214,254.33. 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 70131 properties is 8,162.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 70131 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 70131; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 70131 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 0.04% of properties in 70131. There are 2 cities within 70131; new orleans containing 41 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsnew orleans has 148 auction properties, the highest number of properties going to auction in a single city in the state of 70131. Auction homes and other auction properties account for 0.15% of all properties in 70131. There are 2 cities within 70131; 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 $44,945 in new orleans.
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More Real Estate Resources for 70131
Guide for 70131
This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.
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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.