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New Orleans, LA Housing

 
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As of 2010-2014, median price of a house in New Orleans is $184,100, which is higher than the state average of $140,400 and is about the same as the national average of $175,700. The New Orleans median house value has grown by 110.88% since 2000. The growth rate for the price of a house in New Orleans is much higher than the state average rate of 65.18% and is much higher than the national average rate of 46.91%. The median year that a house in New Orleans was built is 1957, which is older than the median year for a house built in the state which is 1978 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 70,478 Owner Occupied Houses in New Orleans, LA, #29
New Orleans, LA
184,100 USD
Louisiana
140,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #29
New Orleans, LA
110.88%
Louisiana
65.18%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 New Orleans, LALouisianaU.S.
Total Housing Units191,310, see rank, 100%1,988,460132,741,033
Occupied Housing Units150,409, 78.62%, see rank86.44%87.55%
Owner Occupied70,478, 36.84%, see rank57.32%56.34%
Renter Occupied79,931, 41.78%, see rank29.12%31.21%
Vacant Housing Units40,901, 21.38%, see rank13.56%12.45%
For Rent9,275, 4.85%, see rank2.63%2.34%
For Sale Only2,995, 1.57%, see rank1.10%1.20%
Rented or Sold, Not Occupied1,958, 1.02%, see rank0.95%0.92%
For Seasonal, Recreational, or Occasional Use5,543, 2.90%, see rank2.59%3.97%
For Migrant Workers61, 0.03%, see rank0.08%0.03%
Other Vacant21,069, 11.01%, see rank6.22%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #465
New Orleans, LALouisianaU.S.
195719781976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 New Orleans, LA%LouisianaU.S.
Owner-Occupied Units70,478100%1,139,75674,787,460
With a Mortgage39,52056.07%, see rank54.76%65.58%
Without a Mortgage30,95843.93%, see rank45.24%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
New Orleans, LA
1,599 USD
Louisiana
1,207 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNew Orleans, LA%LouisianaU.S.
$299 or Less450.11%, see rank0.30%0.20%
$300 to $4994511.14%, see rank3.00%1.59%
$500 to $6991,7054.31%, see rank9.69%5.01%
$700 to $9994,81012.17%, see rank21.94%14.32%
$1,000 to $1,49910,71327.11%, see rank32.94%27.90%
$1,500 to $1,9998,69722.01%, see rank17.38%20.35%
$2,000 to $2,9997,75419.62%, see rank11.03%19.52%
$3,000 or More5,34513.52%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New Orleans, LA
26.30% of the Total Income
Louisiana
20.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New Orleans, LA%LouisianaU.S.
10% or Less2,5396.42%, see rank9.69%5.86%
10% to 20%10,68127.03%, see rank37.39%31.95%
20% to 30%9,40823.81%, see rank23.78%27.64%
30% to 40%4,79012.12%, see rank11.02%13.74%
40% or More11,80129.86%, see rank17.58%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
New Orleans, LA
473 USD
Louisiana
321 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNew Orleans, LA%LouisianaU.S.
$199 or Less2,4988.07%, see rank19.26%7.76%
$200 to $2993,85712.46%, see rank25.79%14.70%
$300 to $49910,50333.93%, see rank35.65%34.63%
$500 to $6996,26220.23%, see rank12.17%21.16%
$700 or More7,83825.32%, see rank7.14%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New Orleans, LA
14.10% of the Total Income
Louisiana
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New Orleans, LA%LouisianaU.S.
10% or Less10,57334.15%, see rank50.56%40.19%
10% to 20%9,46330.57%, see rank27.19%31.47%
20% to 30%4,02313.00%, see rank9.73%12.24%
30% to 40%2,0416.59%, see rank4.05%5.64%
40% or More4,25913.76%, see rank6.80%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 New Orleans, LALouisianaU.S.
Total Housing Units191,310, 100%1,988,460132,741,033
1-unit, Detached84,501, 44.17%, see rank65.06%61.65%
1-unit, Attached25,109, 13.12%, see rank3.07%5.82%
2 Units26,634, 13.92%, see rank3.90%3.75%
3 or 4 Units16,350, 8.55%, see rank4.26%4.43%
5 to 9 Units8,834, 4.62%, see rank3.33%4.78%
10 or More Units28,202, 14.74%, see rank6.95%13.08%
Mobile Home, Boat, RV, Van, etc.1,680, 0.88%, see rank13.43%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 New Orleans, LALouisianaU.S.
Total Housing Units191,310, 100%1,988,460132,741,033
1 Room6,014, 3.14%, see rank1.30%1.95%
2 Rooms6,890, 3.60%, see rank1.78%2.48%
3 Rooms22,925, 11.98%, see rank7.77%9.13%
4 Rooms39,557, 20.68%, see rank17.53%16.60%
5 Rooms40,413, 21.12%, see rank25.18%20.41%
6 Rooms29,266, 15.30%, see rank19.93%18.06%
7 Rooms18,425, 9.63%, see rank12.11%12.27%
8 Rooms12,621, 6.60%, see rank7.29%8.48%
9 Rooms or More15,199, 7.94%, see rank7.10%10.60%
Median Rooms5.00, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 New Orleans, LALouisianaU.S.
Total Housing Units191,310, 100%1,988,460132,741,033
No Bedroom6,364, 3.33%, see rank1.42%2.17%
1 Bedroom35,787, 18.71%, see rank8.78%11.16%
2 Bedrooms64,371, 33.65%, see rank25.11%26.69%
3 Bedrooms59,218, 30.95%, see rank48.54%39.70%
4 Bedrooms20,431, 10.68%, see rank13.98%16.05%
5 or More Bedrooms5,139, 2.69%, see rank2.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 New Orleans, LALouisianaU.S.
Total Housing Units150,409, 100%1,718,876116,211,092
Utility Gas60,854, 40.46%, see rank35.46%48.85%
Bottled, Tank, or LP Gas818, 0.54%, see rank2.46%4.86%
Electricity87,793, 58.37%, see rank61.06%36.68%
Fuel Oil, Kerosene, etc.54, 0.04%, see rank0.07%5.86%
Coal or Coke27, 0.02%, see rank0.01%0.12%
Wood67, 0.04%, see rank0.59%2.12%
Solar Energy94, 0.06%, see rank0.02%0.05%
Other Fuel49, 0.03%, see rank0.07%0.47%
No Fuel Used653, 0.43%, see rank0.28%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNew Orleans, LALouisianaU.S.
Occupied Units Paying Rent76,418, 100%517,42439,201,928
$199 or Less1,515, 1.98%, see rank1.85%1.50%
$200 to $2993,231, 4.23%, see rank4.16%3.18%
$300 to $4994,618, 6.04%, see rank11.15%7.37%
$500 to $6999,813, 12.84%, see rank21.20%16.01%
$700 to $99925,145, 32.90%, see rank35.30%29.17%
$1,000 to $1,49923,419, 30.65%, see rank20.64%26.88%
$1,500 to $1,9996,463, 8.46%, see rank4.19%9.79%
$2,000 or More2,214, 2.90%, see rank1.51%6.10%
Median$927, see rank$786$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 New Orleans, LALouisianaU.S.
Occupied Housing Units150,409, 100%1,718,876116,211,092
No Vehicles Available28,137, 18.71%, see rank8.59%9.12%
1 Vehicles Available68,041, 45.24%, see rank37.07%33.80%
2 Vehicles Available41,496, 27.59%, see rank37.93%37.48%
3 or More Vehicles Available12,735, 8.47%, see rank16.42%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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