Why Live in Bywater
Bywater, a historic neighborhood in New Orleans, is known for its eclectic and colorful character, deeply rooted in its artistic community. The area features a mix of Creole Cottages, shotguns, and Craftsman-style bungalows, many dating back to the 1700s and 1800s, often brightly painted and festively decorated. Bywater's housing market is on the pricier side for New Orleans, with homes requiring light repairs available for under $200,000, while move-in-ready properties range from $500,000 to over $1 million. The neighborhood is recognized on the National Register of Historic Places, and any home improvements typically need approval from the Historic District Landmarks Commission.
Bywater offers a variety of things to do, with numerous trendy businesses and eateries within walking distance. Popular spots include Bratz Y’all Bistro, Pizza Delicious, Bywater Bakery, Bacchanal, and Elizabeth's for brunch. Art enthusiasts can visit galleries like JAMNOLA, which showcases local artists. Crescent Park, a linear green space along the Mississippi River, is a favorite for its scenic promenade, picnic spots, dog park, and repurposed industrial wharves used for art exhibitions and fitness classes. The park is set to expand, creating a continuous waterfront promenade to the French Quarter. Community gardens like Press Street Garden and Mickey Markey Park provide spaces for locals to gather and enjoy nature.
Education in Bywater is highlighted by Morris Jeff Community School, a highly rated public charter school, and the New Orleans Center for Creative Arts, Louisiana's top high school for the arts. Despite its vibrant community, Bywater's location downriver makes commuting to other parts of the city more challenging, with most residents relying on cars due to limited public transportation options. Parking can be difficult, and the roads are often plagued with potholes. Biking is a popular alternative on the flat streets, though active freight trains on the neighborhood's western edge can cause occasional traffic delays.
Home Trends in Bywater, LA
On average, homes in Bywater, New Orleans sell after 63 days on the market compared to the national average of 69 days. The median sale price for homes in Bywater, New Orleans over the last 12 months is $386,615, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$386,615
Median Single Family Sale Price
$360,000
Median Townhouse Sale Price
$386,615
Median 2 Bedroom Sale Price
$222,000
Median 1 Bedroom Sale Price
$176,500
Average Price Per Sq Ft
$197
Number of Homes for Sale
9
Last 12 months Home Sales
215
Median List Price
$360,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%