70131 Home Values & Market Trends
There are 370 homes currently listed for 70131. 70131 real estate market trends show that home prices range from $54,900 to $1,999,000, and the median sales price in the 70131 zip code is $247,467. The total number of properties sold within the past twelve months is 134. In 70131, 26 properties are in foreclosure, 7 are bank owned properties,and 19 are headed for auction.
Housing Market Summary for 70131
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $285K | $262.5K | -7.89% |
| Median Sold Price | $187.7K | $190.7K | 1.60% |
| Homes For Sale | 323 | 370 | 14.55% |
| Homes Sold | 51 | 26 | -49.02% |
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 $247,467. A total of 370 properties are for sale, and the percentage of properties for sale in the zip code is 370.00%. The total count of 70131 properties is 448.
- 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 $2,040,078 in new orleans to the lowest value of $16,000 in new orleans. Bank owned homes and properties account for 1.56% of properties in 70131. There are 2 cities within 70131; new orleans containing 99 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsnew orleans has 165 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 4.24% 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 $1,238,204 in new orleans to the lowest value of $33,682 in new orleans.
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More Real Estate Resources for 70131
Guide for 70131
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
