The story of this market
The typical home in ZIP 70128 sells for about $235,000, or $148 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,182 a month.
ZIP 70128 — New Orleans
The 70128 housing market is currently experiencing a period of price stabilization following recent volatility, with a median sale price of $235,000. Market activity is tempered by high insurance costs and elevated interest rates, leading to a moderate supply of 4.4 months. Buyers remain selective, resulting in a median of 72 days on market as the area balances affordability with significant environmental risk factors.
This ZIP is primarily suited for budget-conscious family buyers and local workers seeking more affordable housing options compared to the New Orleans urban core.
Median prices moved down 2.1% year over year.
Homes spend a median of 72 days on market with 4.4 months of supply — a balanced-paced market.
12% 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 9.1% · poverty 25.1% — 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 5.5%/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 6.7%/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 70128, 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 Village de l'Est area remain a significant concern, with reported incidents consistently higher than the national average and regional benchmarks for New Orleans.
Public schools serving the area generally face challenges with performance metrics, often ranking below state averages in proficiency and accountability scores.
The area is located in a high-risk flood zone, necessitating mandatory flood insurance and adherence to strict building elevation requirements due to its proximity to the Gulf Coast and local bayous.
Economic momentum is largely driven by logistics and industrial activity near the I-10 corridor, though residential development remains modest compared to other parts of the metro area.
Property taxes are assessed by Orleans Parish based on a 10% assessment ratio for residential property, with millage rates set by local taxing authorities and subject to homestead exemptions.
Residents primarily rely on personal vehicles for commuting, with a mean travel time to work of approximately 30 minutes via the I-10 corridor toward downtown New Orleans.
The area features access to local community parks and proximity to the Bayou Sauvage National Wildlife Refuge, offering outdoor recreation opportunities like hiking and birdwatching.
The rental market is characterized by steady demand for affordable multi-family housing, with a significant portion of the housing stock comprised of older apartment complexes.
The local economy is anchored by logistics, warehousing, and service-sector employment, benefiting from its strategic location along the I-10 interstate.
The area is served by major highway corridors including I-10 and I-510, providing primary access to the broader New Orleans metropolitan area.
Development is focused on small-scale residential infill and commercial maintenance along the main thoroughfares.
The Orleans Parish Assessor's Office manages property valuations, utilizing a mass appraisal system for annual tax roll updates.
Parcels are subject to Orleans Parish school and municipal tax districts, with specific levies for levee and drainage maintenance.
Property insurance premiums are high due to significant flood and windstorm exposure, with many properties requiring coverage through the Louisiana Citizens Property Insurance Corporation.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's New Orleans3.79.8 mi
- Sky Zone Trampoline Park4.115.4 mi
- K1 Speed New Orleans4.614.5 mi
- Game On Social Hub4.516.8 mi
- Storyland4.59.4 mi
- Caesars Superdome4.610 mi
- New Orleans Ernest N. Morial Convention Center4.59.6 mi
- Smoothie King Center4.610.1 mi
- Preservation Hall4.79 mi
- The Sazerac House4.99.4 mi
- The National WWII Museum4.89.9 mi
- French Market4.58.7 mi
- Audubon Aquarium4.49.3 mi
- Jackson Square4.78.9 mi
- New Orleans Museum of Art4.79.2 mi
- The National WWII Museum4.89.9 mi
- Jackson Square4.78.9 mi
- Napoleon House4.69.1 mi
- New Orleans Museum of Art4.79.2 mi
- The Sazerac House4.99.4 mi
- Jackson Square4.78.9 mi
- New Orleans City Park4.88.7 mi
- Louis Armstrong Park4.58.8 mi
- Lafayette Square4.59.7 mi
- Goldring Woldenberg Riverfront Park4.69.1 mi
- New Orleans RV Resort & Marina4.24.9 mi
- Mid City Yacht Club4.510.4 mi
- Southern Yacht Club4.59.5 mi
- The Pointe Marina in Slidell4.415 mi
- Seabrook Harbor & Marine4.54.9 mi
- Bayou Oaks At City Park48.3 mi
- Loft18 Metairie4.512.9 mi
- New Orleans Country Club4.510.5 mi
- Joseph M. Bartholomew Municipal Golf Course4.25.1 mi
- Timberlane Golf & Recreation4.412.8 mi
- Lakeside Shopping Center4.412.3 mi
- French Market4.58.7 mi
- Riverwalk Outlets4.49.5 mi
- Rouses Market4.59.9 mi
- Ross Dress for Less4.211 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
One of the largest urban wildlife refuges in the United States, offering trails and wildlife viewing.
Features sports fields, a swimming pool, and recreational facilities for the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.