UncategorizedPrice Trends in New Orleans Real Estate; New Neighborhood Rankings From 1-48

December 21, 20220
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I just updated the market information again for all 48 neighborhoods in my listing map of New Orleans. You’ll see these stats when you hover over each of the neighborhoods in the desktop version of the site. Freshening up these numbers gives me great information to track how prices are moving all over the city.

The median sales price is based upon transactions that closed in the last 12 months. The number of sales is included, so you can see how active the market has been in each neighborhood and get a sense for how seriously to take the trends. For example, there are a couple of neighborhoods that average less than a sale per month; that’s not a large enough sample size to get a truly accurate result.

 

NeighborhoodMedian Sales Price ChangeNumber of Sales
1Uptown+37.3%72
2Carrollton+29.1%53
3Marigny+22.5%45
4Lake Shore/Lake Vista+21.9%54
5Freret+21.3%21
6Milan+16.5%62
7English Turn/Lower Coast+15.8%34
8Algiers Point+14.5%91
9Algiers+13.3%370
10Holy Cross+13.3%43
11Fountainebleu+13.2%53
12Milneburg+11.2%56
13Treme+10.8%59
14Touro+10.4%42
15Lakewood+10.2%30
16Lake Terrace & Oaks+10.0%26
17Central City+9.5%101
18Mid City+8.3%97
19Black Pearl+7.7%34
20Navarre+6.5%40
21Irish Channel+6.4%92
22Bayou St. John+6.0%26
23Lower Garden District+6.0%98
24French Quarter+5.9%123
25Audubon+5.7%149
26St. Roch+4.3%54
27West End+4.3%113
28Pontchartrain Park/Gentilly Woods+4.2%74
29Lakeview+3.9%247
30New Orleans East+2.7%385
31Dillard/St. Bernard+2.2%52
32Lower 9th Ward+1.6%28
33Broadmoor+0.4%54
34Gentilly Terrace-0.2%98
35Leonidas-0.9%84
36Fillmore/St. Anthony-1.9%142
37Riverside-2.4%130
38St. Claude-3.9%86
39Fairgrounds-4.4%42
40Tulane Gravier-9.2%15
41Gert Town-10.6%13
42Hollygrove-11.0%40
43Bywater-13.2%73
447th Ward-13.8%99
45CBD/Warehouse District-14.1%149
46Desire-16.6%6
47Venetian Isles-21.6%2
48Garden District-50.6%76

This analyzes sales of single family homes, condos, townhomes and patio homes. Our system sorts doubles into a separate, multi-family category. If you have any questions, please feel free to ask me. I’ll post a new ranking when I update the stats again.

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