Warehouse District

New Orleans, LA

Neighborhood Market Analysis

Q3 2025 Report
$299,000 (Feb 2025)
Median Home Price
92 (Walker's Paradise)
Walkability Score
Limited in immediate area; most families seek Uptown or Garden District schools. Not a primary draw for families with school-aged children.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by the Mississippi River to the southeast, Poydras Street to the north, Loyola Avenue to the west, and the Pontchartrain Expressway (US-90B) to the south.

Zip Codes

70130

Market Data Summary

Price Range$250,000–$1,200,000+ (condos, lofts, luxury penthouses)
Price per Sq Ft$375 (up 7.1% YoY)
Inventory LevelsLow inventory; new listings and closed sales down 9–15% YoY in 2025.

Property Characteristics

Home Types & Architecture

Home Types

CondosLoftsLuxury apartmentsConverted warehouses

Architectural Styles

Industrial loftContemporaryHistoric warehouse conversions

Property Details

Typical Lot SizesN/A (primarily multi-unit buildings and condos)
Home Age RangeLate 19th-century warehouses to new construction (2020s)
Construction QualityGenerally high, with many luxury conversions and modern amenities.

Community Profile

Demographics & Lifestyle

Demographics

Young professionals, empty nesters, affluent singles, some retirees; diverse, urban, and highly educated population.

Community Vibe

Trendy, artsy, urban, energetic, with a strong creative and entrepreneurial presence.

Typical Residents

  • Young professionals
  • Artists
  • Executives
  • Empty nesters

Family Friendly

Moderate; more suited to adults and couples than families with young children.

Amenities & Lifestyle

Parks & Recreation

  • Woldenberg Park
  • Crescent Park (nearby)
  • Mississippi Riverfront

Dining Options

  • Emeril's
  • Cochon
  • Peche Seafood Grill
  • Contemporary bistros and cocktail bars

Shopping Centers

  • The Outlet Collection at Riverwalk
  • Local boutiques

Local Businesses

  • Art galleries
  • Boutique fitness studios
  • Coffee shops
  • Co-working spaces

Education & Schools

Limited in immediate area; most families seek Uptown or Garden District schools. Not a primary draw for families with school-aged children.
Overall School Rating

Elementary Schools

  • Sylvanie Williams College Prep (outside district)

Middle Schools

  • KIPP Central City Academy (outside district)

High Schools

  • Warren Easton Charter High School (outside district)

Private Schools

  • St. Andrew's Episcopal School (Uptown)
  • Isidore Newman School (Uptown)

Transportation & Accessibility

Transit & Roads

Public Transit

  • St. Charles Streetcar
  • RTA bus lines

Major Roads

  • Poydras Street
  • Tchoupitoulas Street
  • US-90B (Pontchartrain Expressway)

Commute & Walkability

Commute Times5–10 minutes to CBD, 20–30 minutes to airport, 10–15 minutes to Uptown by car.
WalkabilityExcellent; most errands can be accomplished on foot.
ParkingLimited street parking; most buildings offer garage or paid parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Investors (short-term/corporate rentals)
  • Empty nesters
  • Second-home buyers

Key Selling Points

  • Historic architecture with modern amenities
  • Walkable to top dining and nightlife
  • Strong rental potential
  • Vibrant arts and culture scene

Pricing Considerations

Price aggressively for mid-market units; luxury units can command premiums if staged and marketed well.

Common Objections & Response Strategies

Objection: Noise from nightlife and events

Response Strategy:

Highlight soundproofing in newer units and location options away from busiest corridors.

Objection: Limited parking

Response Strategy:

Emphasize buildings with garage/assigned parking or proximity to transit.

Objection: High HOA fees

Response Strategy:

Detail amenities included (security, gym, concierge, maintenance) and compare to other luxury buildings.

Objection: Flood risk

Response Strategy:

Provide information on building elevation, flood mitigation, and insurance options.

Objection: Lack of family-friendly amenities/schools

Response Strategy:

Position as ideal for adults, professionals, and those seeking an urban lifestyle; suggest Uptown/Garden District for families.

Investment Insights

Investment Potential

Appreciation Potential

High for luxury and unique properties; volatile for mid-tier units. Long-term outlook strong due to urban revitalization.

Rental Demand

Strong, especially for furnished executive rentals and short-term (where permitted).

Buyer Competition

Selective; luxury segment competitive, mid-market slower.

Best For

  • Investors
  • Young professionals
  • Empty nesters
  • Second-home buyers

Potential Concerns

  • HOA fees
  • Flood insurance costs
  • Noise
  • Limited family amenities

Professional Recommendations

1

Leverage professional photography and video to showcase unique spaces.

2

Stage with modern, minimalist decor to highlight industrial features.

3

Educate buyers on HOA/insurance costs and building amenities.

4

Network with local businesses and relocation services for executive buyers.

5

Monitor city regulations on short-term rentals and advise investors accordingly.

Competitive Analysis

Comparable Markets

  • French Quarter
  • CBD
  • Bywater
  • Garden District

Market Positioning

Trendy, upscale urban living with strong appeal to professionals and investors.

Competitive Advantages

  • Modern amenities in historic settings
  • Superior walkability
  • Proximity to business and arts districts

Price Comparison

Priced below French Quarter luxury but above most of CBD and Bywater; premium for unique lofts and penthouses.

Investment Metrics

4.5–6% (varies by building and rental strategy)
Cap Rates
5–7% for furnished executive/short-term rentals
Rental Yields
18–22 (higher for luxury units)
Price-to-Rent
Positive for well-managed short-term/corporate rentals; break-even or modest for long-term leases.
Cash Flow
Moderate to high for unique/luxury properties; stable for mid-market condos.
Appreciation

Buyer Journey Insights

First-Time Buyers

May be priced out of luxury segment; good entry for professionals seeking urban lifestyle and low maintenance.

Move-Up Buyers

Attracted to larger lofts/penthouses with amenities and views.

Downsizers

Appealing for those leaving larger homes for walkable, amenity-rich living.

Investors

Strong demand for furnished rentals; focus on buildings with flexible rental policies.

Relocators

Ideal for executives and professionals moving to New Orleans for work.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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