Median home value in zip code 70118 (New Orleans, LA) is $362,841, down 0.8% year over year. Part of the New Orleans-Metairie, LA metropolitan area.

Home Value$362,841

YoY Change

-0.8%

Prices falling — better for buyers.

Affordability

Enter your income for 70118 (New Orleans).

Income (annual)

Down Payment

$72,568 on $362,841

Example: $75,000 household income. Change it above to see your own.

Out of reach37.2% of income

Need $99,771/yr to afford.

PITI$2,328

P/I37.2%

Afford$273K

Gap-$90K

P&I $1,835Tax $194Ins $300

6.50% 30yr, 20% down, county tax + LA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

70118 is part of the New Orleans-Metairie, LA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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