Real Estate Price Maphome prices by county

70116 — New Orleans, LA home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

ZIP 70116 is rising, a premium-priced area.

Momentum+2.5%Rising
Vs typical+66%Premium
Rental yield5.9%Moderate yield

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2000: $111,275 → today: $310,670 (2.8×)

Typical home value
$310,670
Zillow ZHVI
Since 2000
+179%
Rank in LA
#26
of 345 ZIPs
Median rent
$1,538/mo
5.9% gross yield

Market read

At $310,670, ZIP 70116 in New Orleans is 66% above the typical LA ZIP ($186,655), ranking #26 of 345.

It sits in Orleans Parish — see full county data →.

Home value history

Zillow ZHVI, yearly.

Other ZIPs in New Orleans

70115 · 70124 · 70130 · 70118 · 70112 · 70119 · 70125 · 70113

Frequently asked questions

What is the average home value in ZIP code 70116?
The typical home in ZIP 70116 (New Orleans, LA) is worth $310,670 — 66% above the typical LA ZIP ($186,655).
How have home prices in 70116 changed since 2000?
Home values in ZIP 70116 are +179% versus 2000.
What is the rental yield in ZIP 70116?
Median rent is $1,538/mo, about a 5.9% gross yield.
What county is ZIP 70116 in?
ZIP 70116 is in Orleans Parish.
ZIP 70116 home value by year
YearZIP 70116 home value
2000$111,275
2001$129,125
2002$143,521
2003$150,199
2004$173,399
2005$192,373
2006$198,782
2007$203,833
2008$234,088
2009$213,236
2010$210,150
2011$214,094
2012$216,990
2013$230,627
2014$228,218
2015$286,934
2016$296,086
2017$299,600
2018$305,974
2019$329,123
2020$326,335
2021$344,246
2022$349,291
2023$337,280
2024$305,497
2025$302,959
2026$310,670