Why Live in East Riverside
East Riverside may not be as well-known as nearby neighborhoods like the Garden District, but it still has major pull with locals. In fact, in a city of gourmands, many consider this stretch of Magazine Street to be part of the quintessential restaurant row. “It’s not three or four restaurants on Magazine Street — it’s 50 restaurants that are just fantastic,” says lifelong New Orleanian Mikey Bowler, owner of Mikey Bowler Realty. Compared to other upriver neighborhoods, East Riverside also stands out with lower home prices and a slightly shorter commute to the Central Business District and the touristy buzz of the French Quarter. Aside from eating more than their fair share, East Riverside residents also enjoy an easy walk to the boutiques and bars sprinkled among classic New Orleans architecture. Interior residential blocks in East Riverside are quiet and colorful. Creole cottages and shotgun-style homes from the early 20th century are common, typically selling for $200,000 to $450,000. Larger renovated cottages or bungalows go for $500,000 to $800,000, while new Greek Revival builds make up the higher end of the market, from $1 million to $1.4 million. East Riverside is part of
Home Trends in East Riverside, LA
On average, homes in East Riverside, New Orleans sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in East Riverside, New Orleans over the last 12 months is $592,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$592,000
Median Single Family Sale Price
$587,000
Median Townhouse Sale Price
$550,000
Median 2 Bedroom Sale Price
$299,000
Median 1 Bedroom Sale Price
$212,500
Average Price Per Sq Ft
$338
Number of Homes for Sale
15
Last 12 months Home Sales
122
Median List Price
$619,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
9%