70119, New Orleans, LA

The 70119 zip code of New Orleans, LA has a median home value of $161,000 and a median home equity value of $111,000. These values are lower than the national median home value of $177,500 and the national median home equity value of $130,000. This indicates that the 70119 zip code is more affordable than the national average and more expensive than the median home value in Louisiana.

The 70119 zip code is also experiencing a decline in home prices compared to previous years. In 2017, the median home price was down 3% from 2016 and down 9% from 2015. This indicates that there may be potential for homeowners in this area to benefit from falling prices over time.