$389,900
2 bd2 ba921 sqft
1201 Canal St APT 405
Central Business District, LA Housing Market
$500,303
4.9% 1-yrThe average Central Business District, LA home value is $500,303, down 4.9% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Central Business District Key Takeaways
Typical Home Values: $500,303
1-year Value Change: -4.9%
(Data through August 31, 2025)
Central Business District Housing Market Overview
--1-year Market Forecast
88For sale inventory(August 31, 2025)
9New listings(August 31, 2025)
--Median sale to list ratio
--Median sale price(July 31, 2025)
$525,000Median list price(August 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- French Quarter$478,085
- Tulane-Gravier$241,637
- Lower Garden District$361,593
- Central City$227,665
- Algeirs Point$360,203
- Treme' Lafitte$251,691
- McDonogh$175,384
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Central Business District Rental Market Trends
--Average rent in Central Business District
$2,007National average rent(August 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
