70130 — Orleans Parish, Louisiana Market Snapshot

Housing market data for zip code 70130 in Orleans Parish, Louisiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 7 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Orleans Parish county page for broader data.

Market Sales Data

7 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$843,000

20.4% YoYClosed sales

Days to Sell

82

Median, listing to close

Homes Sold

7

Closed in 2026

Inventory

25

Jumbo Loan Likely Needed

The median home in 70130 at $843,000 exceeds the 2026 conforming loan limit of $832,750 by $10,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

With homes sitting for 82 days on average, 70130 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Conforming Loan Feasibility

The median home in 70130 at $843,000 exceeds the 2026 conforming loan limit of $832,750 by $10,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 70130 are set at the county level.

2026 Loan Limits — Orleans Parish

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 70130

To purchase the median home at $843,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,609.

Monthly Payment

$6,609

Income Required

$283,234

Principal & Interest

$5,194/mo

Down Payment (5%)

$42,150

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 70130.

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Estimated Monthly Payment

$5,367

Principal & Interest$4,374
Property Tax$843
Insurance$150
Loan Amount$674,400
Total Interest$900,294
Income Required$230,021/yr

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