New Orleans home prices (US$/m²): returns since 2012
New Orleans home prices, measured as the typical value per square meter (data: Redfin). This is the value of the property itself — bricks and mortar — not an investor's total return.
It excludes rent received and all costs (closing, property taxes, maintenance, vacancy). Compare it against U.S. inflation (CPI) and the S&P 500 below to see whether New Orleans real estate kept up.
New Orleans is a Gulf Coast city defined by tourism, the port and the energy industry, and by Hurricane Katrina in August 2005, which flooded much of the metro and reshaped its neighborhoods and population for years afterward. Recovery was uneven, with some areas rebuilding while others lost residents permanently. Its housing market has generally stayed more affordable per square meter than the major coastal metros, though flood risk and insurance costs weigh on it heavily. That mix of disaster recovery and ongoing climate exposure makes its arc distinct, which the table below measures against inflation rather than reading as one steady trend.
Cumulative return by window (in U.S. dollars)
| Window | Cumulative |
|---|---|
| 1 year | 5% |
| 5 years | 4% |
| 10 years | 26% |
Largest historical drop: -33% · annual volatility: 30% . Typical home price per m² (Redfin). Excludes rent received, closing costs, property taxes, maintenance and vacancy — the value of the property itself, not the investor's total return.
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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.