70124 Home Values & Market Trends
There are 66 homes currently listed for 70124. 70124 real estate market trends show that home prices range from $140,000 to $2,399,000, and the median sales price in the 70124 zip code is $500,427.63. The total number of properties sold within the past twelve months is 314. In 70124, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 70124
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $649.5K | $514.5K | -20.78% |
| Median Sold Price | $512.9K | $514.5K | 0.32% |
| Homes For Sale | 41 | 66 | 60.98% |
| Homes Sold | 146 | 112 | -23.29% |
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 70124
Browse Homes in 70124
The median list price of a home in New Orleans, is $500,427.63. A total of 66 properties are for sale, and the percentage of properties for sale in the zip code is 66.00%. The total count of 70124 properties is 8,626.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in 70124 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 0.01% of properties in 70124. There are 2 cities within 70124; new orleans containing 39 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsnew orleans has 151 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 0.01% 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 $2,351,861 in new orleans to the lowest value of $41,619 in new orleans.
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More Real Estate Resources for 70124
Guide for 70124
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.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.