70124 Louisiana Real Estate Market Trends & Home Values

70124

70124 Home Values & Market Trends

There are 62 homes currently listed for 70124. 70124 real estate market trends show that home prices range from $1,800 to $2,100,000, and the median sales price in the 70124 zip code is $505,800. The total number of properties sold within the past twelve months is 344. In 70124, 7 properties are in foreclosure, 1 are bank owned properties,and 6 are headed for auction.

Housing Market Summary for 70124

	Mar 2024	February 2025	Change
Median Listing Price	$582.5K	$527K	-9.53%
Median Sold Price	$514.5K	$507.2K	-1.42%
Homes For Sale	66	82	24.24%
Homes Sold	112	131	16.96%

Price

$/Sqft

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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Recently Sold Homes

Explore recent offers and recently sold homes in 70124

Recently Sold

$751,725

Sold Price

3 beds

4 baths

3,636 sqft

6,100 sqft lot

6524 Memphis St, New Orleans, LA 70124

Lake Marina Ave Apt 309, New Orleans, LA 70124

Recently Sold

$165,000

Sold Price

1 beds

1 baths

782 sqft

994 sqft lot

318 Lake Marina Ave Apt 309, New Orleans, LA 70124

Recently Sold

$356,415

Sold Price

2 beds

2 baths

2,234 sqft

3,225 sqft lot

6437 Louis Xiv St, New Orleans, LA 70124

Browse Homes in 70124

The median list price of a home in New Orleans, is $505,800. A total of 62 properties are for sale, and the percentage of properties for sale in the zip code is 62.00%. The total count of 70124 properties is 206.

Foreclosure

There are 2 cities within 70124; within these cities, the median estimated home value for homes in foreclosure ranges from $2,864,584 in new orleans to the lowest value of $27,500 in new orleans. Foreclosure homes account for 3.00% of properties in 70124 with new orleans containing 253 foreclosures, the highest number of foreclosure properties in a single city.

Pre-Foreclosure
Pre-foreclosure homes account for 0% of all residential properties in 70124 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 70124; 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 70124 ranges from the highest value of $649,000 in new orleans to the lowest value of $27,500 in new orleans. Bank owned homes and properties account for 0.49% of properties in 70124. There are 2 cities within 70124; new orleans containing 74 REO properties, has the highest number of bank owned properties in a single city.
Auctions
new orleans has 179 auction properties, the highest number of properties going to auction in a single city in the state of 70124. Auction homes and other auction properties account for 2.91% of all properties in 70124. There are 2 cities within 70124; of those cities, the median estimated home value for homes going to auction ranges from $2,864,584 in new orleans to the lowest value of $75,278 in new orleans.

Homes for Sale

Homes and properties that are actively listed for sale account for 30.10% of residential properties in 70124 with new orleans containing 662 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 70124; homes for sale in those cities, have a range of median values from $4,850,000 in new orleans to the lowest value of $53,710 in new orleans.

Sold Homes

The median value for recently sold homes ranges from $3,214,212 in new orleans to the lowest price of $22,942 in new orleans. There are 2 cities within 70124. new orleans has 1704 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 63.11% of properties in 70124.

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