The story of this market
The typical home in ZIP 70121 sells for about $350,000, or $185 per square foot.
Prices are down 16.4% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 70121 — Jefferson
The 70121 housing market is currently experiencing a cooling phase, evidenced by a significant year-over-year price decline and low competitive activity. High insurance costs and flood risk continue to weigh on buyer sentiment, leading to a slower pace of sales and increased inventory levels.
This ZIP is well-suited for medical professionals working at nearby hospitals, commuters seeking proximity to New Orleans, and budget-conscious buyers looking for established housing stock.
Median prices moved down 16.4% year over year.
Homes spend a median of 58 days on market with 5.1 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 14.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 70121, Jefferson Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Jefferson area are generally consistent with broader Jefferson Parish trends, with property crime being the primary concern compared to national averages.
Public schools serving the area are part of the Jefferson Parish Public School System, which maintains a mix of magnet and neighborhood schools with varying performance ratings.
The area is located in a low-lying coastal region of Louisiana, necessitating mandatory flood insurance for many properties due to significant hurricane and storm surge exposure.
Economic momentum is driven by proximity to the New Orleans employment core and the Ochsner Medical Center campus, which serves as a major regional anchor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Residents benefit from direct access to the Earhart Expressway and I-10, providing a relatively efficient commute into downtown New Orleans and the surrounding metro area.
The area features proximity to the Mississippi River levee paths for walking and cycling, as well as several local parks and shopping centers along the Veterans Memorial Boulevard corridor.
The rental market is characterized by steady demand from medical professionals and service workers, with moderate vacancy pressure and a limited supply of new multi-family inventory.
The economy is heavily anchored by the healthcare sector, specifically the Ochsner Health system, alongside retail and service industries supporting the New Orleans metro.
The area is served by major highway corridors including I-10 and the Earhart Expressway, facilitating transit to the New Orleans central business district.
Development is largely infill-focused, with ongoing efforts to modernize aging residential infrastructure and improve flood drainage systems.
The Jefferson Parish Assessor's office manages property valuations, utilizing a mass appraisal system that is updated periodically.
Parcels are subject to Jefferson Parish property taxes and various levee district assessments for flood protection.
Property insurance premiums are high due to significant wind and flood risk, with many residents relying on the Louisiana Citizens Property Insurance Corporation.
Data retrieved from data.census.gov ZCTA 70121 profile tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's New Orleans3.75.1 mi
- Sky Zone Trampoline Park4.11.7 mi
- Game On Social Hub4.55.4 mi
- K1 Speed New Orleans4.61.3 mi
- Storyland4.54.3 mi
- Caesars Superdome4.64.8 mi
- New Orleans Ernest N. Morial Convention Center4.55.9 mi
- Smoothie King Center4.64.8 mi
- Preservation Hall4.75.7 mi
- The Sazerac House4.95.6 mi
- The National WWII Museum4.85.5 mi
- French Market4.56.1 mi
- Audubon Aquarium4.45.9 mi
- Audubon Zoo4.53 mi
- Jackson Square4.75.9 mi
- The National WWII Museum4.85.5 mi
- Jackson Square4.75.9 mi
- Napoleon House4.65.8 mi
- New Orleans Museum of Art4.74.5 mi
- The Sazerac House4.95.6 mi
- Jackson Square4.75.9 mi
- New Orleans City Park4.85.1 mi
- Louis Armstrong Park4.55.6 mi
- Audubon Park4.73 mi
- Lafreniere Park4.74.2 mi
- New Orleans RV Resort & Marina4.28.8 mi
- Mid City Yacht Club4.53.3 mi
- Southern Yacht Club4.55.5 mi
- Seabrook Harbor & Marine4.58.8 mi
- Eddie Pinto's Marina & Seafood4.413.3 mi
- TPC Louisiana4.64.3 mi
- Bayou Oaks At City Park45.7 mi
- Golf Club at Audubon Park4.43 mi
- Chateau Golf & Country Club4.57.2 mi
- Loft18 Metairie4.51.2 mi
- Lakeside Shopping Center4.43.2 mi
- French Market4.56.1 mi
- Riverwalk Outlets4.46 mi
- Rouses Market4.55.3 mi
- Ross Dress for Less4.24.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional medical anchor and employer.
Extensive levee path for cycling and walking.
Key-figure check: median price diverges 14.5% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $235,000 (-14.5% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.