Real Estate In New Orleans, LA

New Orleans Real Estate

  • About

  • History

  • Location

  • Things to do

  • Demographics

  • Culture

  • Schools

  • FAQ

New Orleans Is a Great Place to Visit and Buy Real Estate

Buying real estate in a city where about half of it is below sea level might be considered a strange action, but when that city is New Orleans, Louisiana, it’s anything but weird.
New Orleans is certainly an older city since it was founded hundreds of years ago and maintains many older buildings with French and Spanish architectural styles.
The core of the city is on the east bank of the Mississippi River and the south shore of Lake Pontchartrain. Most of the housing is older and can even be found near the well-known French Quarter.

History

The French founded New Orleans in the 1700’s and the city passed from Spanish control back to France. New Orleans became part of the United States since it was part of the Louisiana Purchase. France sold Louisiana to the U.S. in 1803. Mardi Gras became a formal affair in 1857 when social organizations, called krewes, introduced formalized parades and decorative floats. While New Orleans has always had colleges and universities, it first got a state-funded university when the school now known as the University of New Orleans opened in 1958 as the first racially integrated public university in the South. In the 1950s and 1960s, several transportation projects opened. Those included the Union Passenger Terminal on Loyola Avenue, which opened in 1954. The facility is home to Amtrak and bus operators. The Crescent City Connection opened in 1958 and connected the east bank of New Orleans with the west bank. In 1965, the twin span bridge on Interstate 10 opened. This connected New Orleans to Slidell in St. Tammany Parish.

Things to do in New Orleans

While it certainly has plenty of big-city amenities, New Orleans is not without a large outdoor area. City Park is located near Mid-City and Lakeview and has trails, spots for fishing, miniature golf, the New Orleans Botanical Garden, the Louisiana Children’s Museum, the New Orleans Art Museum, plus many other attractions such as a coffee shop. High school football and soccer teams can compete at either Pan-American or Tad Gormley stadiums. With many schools in land-locked areas lacking space for fields, having two available facilities can provide a central destination with increased parking capacity.
Another option for outdoor enjoyment is Audubon Park in Uptown. There’s a zoo, athletic facilities, and a lot of green space that faces St. Charles Avenue. Its location, directly across from Tulane and Loyola Universities, makes it a great place for students, faculty, and employees to relax. With parking along St. Charles Avenue, Audubon Park can be a great choice for relaxing while waiting for a meeting or another function at one of the nearby churches. There’s also a streetcar line that runs toward the Central Business District. The streetcar gives others a chance to head to the park without a car.
Athletics is a big part of the life of the Crescent City and it permeates through the professional athletes to younger players in middle and elementary school.
Football is big in New Orleans and the National Football League’s Saints play in the spacious Caesars Superdome, located in the Central Business District. On game days, expect to see people parking in various spots and making the walk t get to their seats. Regardless of their performance on the field, the Saints are a fan favorite and always a topic of conversation around town. To show team spirit, fans of all ages wear their jerseys on the last day of the week before a game, if it’s on a weekend. For weekday games, fans normally sport their jerseys that day.
There’s also the National Basketball Association’s New Orleans Pelicans that play in the adjacent Smoothie King Center.
For those buying real estate in New Orleans, there are also college athletics with Tulane and UNO both fielding teams.
Tulane recently brought its home football games back to an on-campus stadium after being at the Superdome, so fans have a chance to catch a game in a cozier setting.
There are also riveting high school athletic rivalries and while football and basketball can certainly attract fans, interest in other sports is high. Volleyball, baseball, and softball can sometimes attract a spirited crowd.
There’s certainly more as New Orleans has a thriving running scene with the Rock ‘n’ Roll Marathon and Crescent City Classic 10k as two of the well-known races in the city.

Unreal real estate in New Orleans, LA

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Map showing New Orleans

Location

New Orleans is in the southeastern part of Louisiana. New Orleans is the only municipality in Orleans Parish and is adjacent to Jefferson, St. Bernard, Plaquemines, and St. Tammany Parish.

New Orleans demographics

New Orleans has a population of 383,997 according to the U.S. Census Bureau. Some of the largest industries in New Orleans according to the Bureau of Labor Statistics are leisure and hospitality, trade, transportation, and utilities, education and health services, government, and professional and business services.

Arts in New Orleans

Mural in Spanish Harlem in New York City

New Orleanians know how to have a good time whether it’s a crawfish boil with friends or a parade through part of the city. The city is a great place to have fun.
Prospective real estate buyers and tourists alike certainly know about Mardi Gras. However, Mardi Gras is more than the parade on Fat Tuesday. It’s a multi-week observance that starts on the twelfth night after Christmas day and culminates on Fat Tuesday. There are parades, balls, and celebrations leading up to Fat Tuesday. The parades normally start small and increase in size. On the week before Mardi Gras Day, there’s normally a parade each day of the week. Krewes or parading groups have become well-known through the years. Parades run through parts of the city and in other nearby areas. This is not a passive parade where attendees just watch floats, but a parade where krewe members throw certain objects to on-lookers such as decorative shoes, beads, and other objects. It's vital to be alert to catch coveted throws.
Mardi Gras isn't the end of the festivities in New Orleans. There is a St. Patrick’s Day parade and many other festivals such as the Oak Street Po-Boy Festival where attendees can sample multiple variations of the delicious sandwich. For those wanting to catch some live music for free, there’s the 3-day French Quarter Festival. Like many summer festivals, there’s also the New Orleans Jazz and Heritage Festival which takes place in City Park. There is also the Satchmo Summerfest that occurs in the scorching heat of summer. It celebrates New Orleans native and renowned musician Louis Armstrong.

Mural in Spanish Harlem in New York City

Schools in New Orleans

For those looking for a more current inventory of housing, there are the Lakeview and Gentilly neighborhoods that are adjacent. The Lakefront is the location of the state-funded University of New Orleans and Southern University’s New Orleans campus. Lakefront Arena is there and hosts a variety of events from concerts, athletic events, other shows, and graduation ceremonies for local high schools and colleges. It is also the home of the University of New Orleans men’s basketball team. The arena is part of the University of New Orleans. Benjamin Franklin High School is located near the UNO campus. For those seeking a mix of religion with education, the Catholic Archdiocese of New Orleans operates two all-boys schools in the area. They are Brother Martin and Holy Cross. Before Hurricane Katrina in 2005, Holy Cross was in the Lower Ninth Ward neighborhood, near St. Bernard Parish. It moved to the Gentilly neighborhood after the storm. Other businesses include coffee shops, restaurants, grocery stores, and more. For those seeking to be closer to the action in the French Quarter and Uptown, there’s Mid-City, which has its own unique feeling. Housing in Mid-City is not as far from the popular areas as the Lakefront or Gentilly, but it’s removed enough so one can enjoy distance from the more heavily trafficked areas of the Crescent City. Delgado Community College is located close to both Lakeview and Mid-City and has campuses throughout the metropolitan area. Along with an array of academic and trade programs, the school also has men’s and women’s basketball and baseball. Other educational institutions in the Crescent City include Louisiana State University in Baton Rouge’s dental school. For those wanting to buy real estate in the Uptown area, there are a multitude of stately larger homes. To complement this, there are historic churches and other buildings. There are many public and private schools for elementary and secondary students in Uptown. This includes religious and non-religious schools.

Why New Orleans?

New Orleans has a little bit of everything from music, history, sports, and opportunities to have a good time. While a top tourist destination, New Orleans can be a great place to buy real estate since it has a variety of activities that cater to different interests.

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