The Lower Ninth Ward housing market is not very competitive. The median sale price of a home in Lower Ninth Ward was $168K last month, up 6.3% since last year. The median sale price per square foot in Lower Ninth Ward is $111, down 1.3% since last year.
What is the housing market like in Lower Ninth Ward today?
In March 2024, Lower Ninth Ward home prices were up 6.3% compared to last year, selling for a median price of $168K. On average, homes in Lower Ninth Ward sell after 117 days on the market compared to 136 days last year. There were 14 homes sold in March this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$167,500
+6.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lower Ninth Ward, LA
$167,500
+6.3%
United States
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How hot is the Lower Ninth Ward housing market?
Lower Ninth Ward is not very competitive. Homes sell in 112 days.
0
100
7
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 9 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 112 days.
Hot homes
can sell for around list price and go pending in around 51 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 Lower Ninth Ward housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower Ninth Ward.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower Ninth Ward has an extreme risk of flooding. 3,030 properties in Lower Ninth Ward are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Lower Ninth Ward. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lower Ninth Ward has a minor risk of wildfire. There are 120 properties in Lower Ninth Ward that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Lower Ninth Ward.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lower Ninth Ward has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lower Ninth Ward is most at risk from hurricanes. 5,941 properties in Lower Ninth 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 196 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 207 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Lower Ninth Ward has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lower Ninth Ward have an Extreme Heat Factor®.
Lower Ninth Ward is expected to see a 200% increase in the number of days over 108ºF over the next 30 years. Lower Ninth Ward is expected to experience 7