The Seventh Ward housing market is not very competitive. The median sale price of a home in Seventh Ward was $293K last month, up 24.7% since last year. The median sale price per square foot in Seventh Ward is $155, up 22.0% since last year.
What is the housing market like in Seventh Ward today?
In October 2024, Seventh Ward home prices were up 24.7% compared to last year, selling for a median price of $293K. On average, homes in Seventh Ward sell after 108 days on the market compared to 120 days last year. There were 16 homes sold in October this year, down from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$292,500
+24.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Seventh Ward, LA
$292,500
+24.7%
United States
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How hot is the Seventh Ward housing market?
Seventh Ward is not very competitive. Homes sell in 115.5 days.
0
100
5
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 116 days.
Hot homes
can sell for around list price and go pending in around 70 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Seventh Ward housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Seventh Ward.
Flood Factor - Moderate
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Seventh Ward has a moderate risk of flooding. 2,508 properties in Seventh Ward are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Seventh Ward. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Seventh Ward has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Seventh Ward is most at risk from hurricanes. 5,032 properties in Seventh Ward have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 180 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 196 mph.