The Mid-City New Orleans housing market is not very competitive. The median sale price of a home in Mid-City New Orleans was $295K last month, down 20.8% since last year. The median sale price per square foot in Mid-City New Orleans is $208, down 7.3% since last year.
What is the housing market like in Mid-City New Orleans today?
In July 2024, Mid-City New Orleans home prices were down 20.8% compared to last year, selling for a median price of $295K. On average, homes in Mid-City New Orleans sell after 71 days on the market compared to 64 days last year. There were 96 homes sold in July this year, down from 109 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$294,750
-20.8% YoY | Jul 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2024
Growth
% YoY
Mid-City New Orleans, LA
$294,750
-20.8%
United States
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How hot is the Mid-City New Orleans housing market?
Mid-City New Orleans is not very competitive. Homes sell in 77 days.
0
100
14
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 3 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 77 days.
Hot homes
can sell for around list price and go pending in around 47 days.
Learn about schools in the Mid-City New Orleans area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Mid-City New Orleans housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mid-City New Orleans.
Flood Factor - Major
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mid-City New Orleans has a major risk of flooding. 9,902 properties in Mid-City New Orleans are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Mid-City New Orleans. 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
Mid-City New Orleans has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mid-City New Orleans is most at risk from hurricanes. 18,459 properties in Mid-City New Orleans 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 182 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 197 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Mid-City New Orleans has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Mid-City New Orleans have an Extreme Heat Factor®.
Mid-City New Orleans is expected to see a 185% increase in the number of days over 108ºF over the next 30 years. Mid-City New Orleans is expected to experience 6