70124 — New Orleans, LA Home Values
Typical home value $508,572 as of June 2026 · 2nd of 72 in New Orleans-Metairie, LA
Blue: typical home value (Zillow ZHVI) in ZIP code 70124, June 2021 to June 2026. This page shows observed data only; no forecast.
How 70124 compares in the New Orleans-Metairie, LA area
ZIP code 70124 (New Orleans, LA) has a typical home value of $508,572 as of June 2026, ranking 2nd of 72 ZIP codes tracked in the New Orleans-Metairie, LA area, more expensive than about 99% of ZIP codes in the metro. Prices here have moved +0.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed -1.7%, from $517,570 in June 2021 to $508,572 in June 2026. Against observed rent, the typical home here sells for 22.3× the annual rent ($1,899/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the New Orleans-Metairie, LA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in New Orleans.
Population and demographics
ZIP code 70124 has a population of 20,840, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 77.4% White, 10.2% Hispanic or Latino, 5.9% Black or African American, 3.3% Asian, 2.3% two or more races, and 0.8% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Edward Hynes Charter School - Lakeview | 990 Harrison Ave, New Orleans, LA | 0.3 mi |
| Marie B. Riviere Elementary School | 1564 Lake Avenue, Metairie, LA | 1.3 mi |
| McDonogh 35 Senior High School | 4000 Cadillac St., New Orleans, LA | 1.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 70124?
$508,572 as of June 2026, the latest month Zillow has published observed data for.
Is 70124 an expensive ZIP code in the New Orleans-Metairie, LA area?
70124 ranks 2nd of 72 ZIP codes in the New Orleans-Metairie, LA area by typical home value, more expensive than about 99% of ZIP codes in the metro.
How much have home values in 70124 changed over the past year?
+0.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 70124?
The typical home price is 22.3× the observed annual rent in this ZIP code ($1,899/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 70124?
20,840, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 70124?
Edward Hynes Charter School - Lakeview (0.3 mi), Marie B. Riviere Elementary School (1.3 mi), McDonogh 35 Senior High School (1.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 70124?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the New Orleans-Metairie, LA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.