The 70005 housing market is somewhat competitive. The median sale price of a home in 70005 was $440K last month, up 10.0% since last year. The median sale price per square foot in 70005 is $244, up 4.3% since last year.
In October 2025, 70005 home prices were up 10.0% compared to last year, selling for a median price of $440K. On average, homes in 70005 sell after 58 days on the market compared to 74 days last year. There were 81 homes sold in October this year, up from 67 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,000
+10.0% YoY | Oct 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2025
Growth
% YoY
70005, LA
$440,000
+10.0%
United States
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How hot is the 70005 housing market?
70005 is somewhat competitive. Homes sell in 45.5 days.
0
100
45
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 11 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 70005 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 70005.
Flood Factor - Severe
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
70005 has a severe risk of flooding. 7,598 properties in 70005 are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in 70005. 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
70005 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 70005 is most at risk from hurricanes. 14,927 properties in 70005 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 192 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 212 mph.