The story of this market
The typical home in ZIP 70114 sells for about $200,000, or $168 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 70114 — New Orleans
The housing market in 70114 remains stable with modest year-over-year price appreciation. Demand is supported by its relative affordability compared to other parts of New Orleans, though high insurance costs and flood risks continue to influence buyer sentiment.
This ZIP is well-suited for commuters working in downtown New Orleans and buyers seeking historic charm or more affordable housing options compared to the city's core.
Median prices moved up 2.2% year over year.
Homes spend a median of 48 days on market with 4.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 18.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 70114, Orleans Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Algiers area of New Orleans remain a significant concern, with property and violent crime rates consistently higher than the national average.
Public schools in this ZIP are primarily managed by the NOLA Public Schools district, with performance ratings generally ranging from below average to average.
The area is located in a high-risk flood zone, necessitating mandatory flood insurance for most properties and ongoing vigilance regarding hurricane storm surge.
Economic momentum is tied to the revitalization of the Algiers riverfront and proximity to the New Orleans central business district, though large-scale industrial growth is limited.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Commuters typically access downtown New Orleans via the Crescent City Connection bridge or the historic Algiers Ferry, which provides a direct transit link.
The area features the Algiers Point historic district, several neighborhood parks, and access to the Mississippi River levee trail system.
The rental market is characterized by a mix of historic single-family homes and multi-family units, with steady demand driven by proximity to downtown.
The economy is heavily influenced by the tourism, maritime, and public sector industries of the greater New Orleans metropolitan area.
Transit is dominated by private vehicle use, though the Algiers Ferry and local bus lines provide essential connectivity to the city center.
Development is largely constrained by existing historic footprints and flood-plain management requirements.
The Orleans Parish Assessor's Office manages property valuations, with reassessments occurring on a quadrennial cycle.
Parcels are subject to Orleans Parish school and municipal tax districts.
Property insurance premiums are high due to significant flood and windstorm exposure, with many residents relying on the Louisiana Citizens Property Insurance Corporation.
Data retrieved from US Census Bureau ZCTA 70114 profile.
- Dave & Buster's New Orleans3.72.9 mi
- Sky Zone Trampoline Park4.19.4 mi
- Game On Social Hub4.513 mi
- K1 Speed New Orleans4.69.2 mi
- Storyland4.55.4 mi
- Caesars Superdome4.63.1 mi
- New Orleans Ernest N. Morial Convention Center4.52 mi
- Smoothie King Center4.63.1 mi
- Preservation Hall4.72.6 mi
- The Sazerac House4.92.4 mi
- The National WWII Museum4.82.4 mi
- French Market4.52.4 mi
- Audubon Aquarium4.42.2 mi
- Audubon Zoo4.56 mi
- Jackson Square4.72.4 mi
- The National WWII Museum4.82.4 mi
- Jackson Square4.72.4 mi
- Napoleon House4.62.5 mi
- New Orleans Museum of Art4.75.2 mi
- The Sazerac House4.92.4 mi
- Jackson Square4.72.4 mi
- New Orleans City Park4.86 mi
- Louis Armstrong Park4.52.9 mi
- Audubon Park4.75.8 mi
- Lafreniere Park4.711.8 mi
- New Orleans RV Resort & Marina4.26.4 mi
- Mid City Yacht Club4.55.4 mi
- Seabrook Harbor & Marine4.56.2 mi
- Eddie Pinto's Marina & Seafood4.46.8 mi
- Orleans Marina4.67.9 mi
- TPC Louisiana4.69.6 mi
- Bayou Oaks At City Park46.6 mi
- Golf Club at Audubon Park4.45.7 mi
- Loft18 Metairie4.57.9 mi
- Stonebridge Golf Club of New Orleans4.35.1 mi
- Lakeside Shopping Center4.49 mi
- French Market4.52.4 mi
- Riverwalk Outlets4.41.9 mi
- Rouses Market4.52.7 mi
- Ross Dress for Less4.23.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic passenger ferry connecting Algiers Point to Canal Street.
Large community park with sports fields and recreational facilities.
One of the oldest neighborhoods in New Orleans with preserved architecture.
Key-figure check: median price diverges 17.5% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $235,000 (17.5% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $235,000 (+17.5% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.