Our friends at NeighborhoodX have analyzed house prices in New Orleans for the last month. So far, the analytics and research firm evaluated 11 New Orleans neighborhoods in depth and released a global analysis of seventeen neighborhoods in the city.
This week, NeighborhoodX evaluated the Lower 9th Ward and Holy Cross neighborhoods.
In August, NeighborhoodX valued the average asking price at $118/square foot in this area. Last May, the average was $83/square foot. The Lower 9/Holy Cross area ranks as the second least expensive neighborhood in New Orleans. Little Woods in New Orleans East reigns as the least expensive in the city.
1732 Forstall Street sits as the most expensive home in the area at $226/square foot. Built in 2016, this home has one bedroom, one bathroom, and 496 square feet. Most notably, designed through Brad Pitt’s “Make it Right” campaign, it has solar panels, passive air conditioning, and off-street parking. The asking price is $112,000.
This two bedroom cottage ranks on the least expensive end of the analysis. Priced at $71/square foot, this home has two bedrooms, two bathrooms, and 1,049 square feet. Highlights include its sitting porch and detached garage.
To see see data on more Lower 9th Ward/Holy Cross properties, check out the interactive graph below. Click on any of the addresses to learn details about that particular property.
- Mapping 17 New Orleans neighborhoods, ranked from least to most expensive [Curbed NOLA]
- Consolidated neighborhood prices (Aug. 2017) [NeighborhoodX]