70127 Home Values & Market Trends

There are 15 homes currently listed for 70127. 70127 real estate market trends show that home prices range from $2,000 to $425,000, and the median sales price in the 70127 zip code is $168,913.65. The total number of properties sold within the past twelve months is 161. In 70127, 21 properties are in foreclosure, 4 are bank owned properties,and 17 are headed for auction.

Housing Market Summary for 70127

Apr 2023March 2024Change
Median Listing Price$180K$170.1K-5.48%
Median Sold Price$170.7K$170.1K-0.32%
Homes For Sale1816-11.11%
Homes Sold7865-16.67%
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 70127

The median list price of a home in New Orleans, is $168,913.65. A total of 15 properties are for sale, and the percentage of properties for sale in the zip code is 15.00%. The total count of 70127 properties is 5,924.

Foreclosure
There are 2 cities within 70127; 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 70127 with new orleans containing 193 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 70127 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 70127; 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 70127 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 0.07% of properties in 70127. There are 2 cities within 70127; new orleans containing 40 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    new orleans has 153 auction properties, the highest number of properties going to auction in a single city in the state of 70127. Auction homes and other auction properties account for 0.29% of all properties in 70127. There are 2 cities within 70127; 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 0.25% of residential properties in 70127 with new orleans containing 679 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 70127; 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 70127. new orleans has 1678 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.13% of properties in 70127.

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      Guide for 70127

      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      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.

      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.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes 70127

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