Algiers Homes
Fun Facts
- In 1719, a French nobleman received a land grant covering the present site of Algiers, and he started a plantation.
- Some call 1719 the founding date of Algiers, but development as a city really began around 1800.
- In the early 1800s, a large slaughterhouse operated in Algiers, and the area was called Slaughterhouse Point.
- The name Algiers is thought to come from the city's proximity to New Orleans, much like that of Algeria with France.
- Algiers Point lies directly across the Mississippi River from the French Quarter, and the Algiers Ferry has connected the two communities since 1827.
- Algiers was incorporated as a city in 1840 and was annexed by New Orleans in 1870. That arrangement remains.
Algiers Homes Snapshot
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- Literally a city within a city, Algiers is located on the west bank of the Mississippi River and is part of Orleans Parish.
- Algiers Point is a secluded neighborhood with Victorian cottages dating back to the late 1800's giving a feeling of old New Orleans. From here, you can commute across the river to downtown New Orleans on the Algiers Ferry which docks near the foot of Canal Street.
- Further south is Lower Algiers. It has a suburban air in many of its sections, there are several golf course developments and many houses offer large lots and neighborhood amenities.
- Most of the residential properties in Algiers are single family homes.
Fun Facts
- In 1719, a French nobleman received a land grant covering the present site of Algiers, and he started a plantation.
- Some call 1719 the founding date of Algiers, but development as a city really began around 1800.
- In the early 1800s, a large slaughterhouse operated in Algiers, and the area was called Slaughterhouse Point.
- The name Algiers is thought to come from the city's proximity to New Orleans, much like that of Algeria with France.
- Algiers Point lies directly across the Mississippi River from the French Quarter, and the Algiers Ferry has connected the two communities since 1827.
- Algiers was incorporated as a city in 1840 and was annexed by New Orleans in 1870. That arrangement remains.
Recent Algiers Home Prices
Homes Listed in Very Good or Better Condition
Sold Between December 8, 2008 and June 7, 2009
| Minimum Price |
Maximum Price |
Average Price |
Minimum $/SqFt |
Maximum $/SqFt |
Average $/SqFt |
#Sold | |
|---|---|---|---|---|---|---|---|
| Single Family | $40,000 | $385,000 | $174,741 | $33 | $153 | $84 | 64 |
| Condos | $105,000 | $305,000 | $205,000 | $83 | $220 | $152 | 2 |
| Multi-family | $330,000 | $330,000 | $330,000 | $97 | $97 | $97 | 1 |
Number of Algiers Homes for Sale by Price Range
June 8, 2009
| Price Range | #Single Family Homes | #Condos | #Multi-Family Homes | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Move-in Condition |
Fixer- Upper |
Total SFH |
Move-in Condition |
Fixer- Upper |
Total Condos |
Move-in Condition |
Fixer- Upper |
Total MFH |
|
| Under $100k | 9 | 39 | 48 | 5 | 11 | 16 | 0 | 5 | 5 |
| $100k - $150k | 46 | 19 | 65 | 5 | 0 | 5 | 1 | 8 | 9 |
| $150k - $200k | 56 | 8 | 64 | 0 | 0 | 0 | 5 | 3 | 8 |
| $200k - $250k | 23 | 1 | 24 | 0 | 0 | 0 | 3 | 3 | 6 |
| $250k - $300k | 22 | 1 | 23 | 0 | 0 | 0 | 7 | 2 | 9 |
| $300k - $400k | 21 | 0 | 21 | 2 | 0 | 2 | 3 | 1 | 4 |
| $400k - $500k | 3 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| $500k - $750k | 2 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| $750k - $1million | 4 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Over $1million | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Homes Available | 186 | 68 | 254 | 12 | 11 | 23 | 19 | 22 | 41 |
Algiers Home Prices - Single Family Homes
| Year | Total Sales | Very Good Plus Condition | Poor to Average Condition | ||||||
|---|---|---|---|---|---|---|---|---|---|
| $/SqFt | Avg | #Sold | $/SqFt | Avg | #Sold | $/SqFt | Avg | #Sold | |
| 1997 | $52 | $109,924 | 472 | $55 | $122,770 | 371 | $40 | $62,735 | 101 |
| 1998 | $55 | $116,646 | 511 | $58 | $125,887 | 419 | $42 | $74,557 | 92 |
| 1999 | $58 | $120,805 | 484 | $62 | $133,151 | 377 | $43 | $77,306 | 107 |
| 2000 | $60 | $125,706 | 466 | $64 | $140,964 | 359 | $47 | $74,515 | 107 |
| 2001 | $62 | $127,827 | 462 | $68 | $144,045 | 356 | $45 | $73,361 | 106 |
| 2002 | $66 | $133,031 | 490 | $70 | $145,913 | 390 | $48 | $82,793 | 100 |
| 2003 | $70 | $136,236 | 495 | $76 | $152,746 | 381 | $50 | $81,058 | 114 |
| 2004 | $79 | $151,507 | 472 | $85 | $168,552 | 374 | $56 | $86,459 | 98 |
| 2005 | $87 | $165,605 | 466 | $91 | $177,927 | 389 | $66 | $103,358 | 77 |
| 2006 | $90 | $180,825 | 632 | $95 | $192,223 | 548 | $63 | $106,465 | 84 |
| 2007 | $89 | $176,151 | 409 | $97 | $195,313 | 325 | $61 | $102,012 | 84 |
| 2008 | $77 | $149,075 | 311 | $92 | $185,708 | 204 | $48 | $79,234 | 107 |
Algiers Home Prices - Condos
| Year | Total Sales | Very Good Plus Condition | Poor to Average Condition | ||||||
|---|---|---|---|---|---|---|---|---|---|
| $/SqFt | Avg | #Sold | $/SqFt | Avg | #Sold | $/SqFt | Avg | #Sold | |
| 1997 | $37 | $43,600 | 28 | $41 | $46,943 | 21 | $27 | $33,571 | 7 |
| 1998 | $40 | $49,177 | 22 | $39 | $49,074 | 19 | $40 | $49,833 | 3 |
| 1999 | $42 | $52,637 | 31 | $46 | $59,922 | 22 | $31 | $34,828 | 9 |
| 2000 | $46 | $55,012 | 21 | $47 | $56,650 | 19 | $39 | $39,450 | 2 |
| 2001 | $56 | $68,709 | 23 | $58 | $77,987 | 15 | $51 | $51,313 | 8 |
| 2002 | $44 | $47,462 | 13 | $45 | $49,488 | 8 | $43 | $44,220 | 5 |
| 2003 | $56 | $66,354 | 44 | $62 | $77,439 | 31 | $41 | $39,923 | 13 |
| 2004 | $56 | $61,756 | 31 | $59 | $67,575 | 26 | $43 | $31,500 | 5 |
| 2005 | $58 | $66,152 | 21 | $61 | $70,653 | 15 | $51 | $54,900 | 6 |
| 2006 | $76 | $90,273 | 35 | $80 | $95,818 | 30 | $56 | $57,000 | 5 |
| 2007 | $91 | $101,810 | 21 | $94 | $106,444 | 18 | $74 | $74,000 | 3 |
| 2008 | $88 | $99,167 | 9 | $91 | $106,688 | 8 | $60 | $39,000 | 1 |
Algiers Home Prices - Multi-family Homes
| Year | Total Sales | Very Good Plus Condition | Poor to Average Condition | ||||||
|---|---|---|---|---|---|---|---|---|---|
| $/SqFt | Avg | #Sold | $/SqFt | Avg | #Sold | $/SqFt | Avg | #Sold | |
| 1997 | $29 | $61,613 | 56 | $42 | $101,705 | 19 | $22 | $41,024 | 37 |
| 1998 | $31 | $71,228 | 42 | $45 | $111,808 | 13 | $24 | $53,036 | 29 |
| 1999 | $34 | $77,216 | 59 | $50 | $107,556 | 16 | $28 | $65,926 | 43 |
| 2000 | $39 | $86,450 | 64 | $51 | $120,425 | 24 | $32 | $66,065 | 40 |
| 2001 | $42 | $99,021 | 56 | $54 | $135,674 | 23 | $33 | $73,475 | 33 |
| 2002 | $42 | $82,958 | 32 | $62 | $126,744 | 8 | $35 | $68,363 | 24 |
| 2003 | $49 | $105,571 | 39 | $61 | $157,367 | 12 | $44 | $82,551 | 27 |
| 2004 | $64 | $154,410 | 49 | $81 | $200,360 | 25 | $45 | $106,546 | 24 |
| 2005 | $69 | $160,569 | 31 | $81 | $193,822 | 18 | $51 | $114,525 | 13 |
| 2006 | $83 | $173,629 | 34 | $90 | $186,756 | 25 | $63 | $137,167 | 9 |
| 2007 | $75 | $167,729 | 32 | $93 | $217,988 | 15 | $59 | $123,382 | 17 |
| 2008 | $72 | $159,214 | 26 | $104 | $252,200 | 10 | $53 | $101,098 | 16 |
New Orleans Westbank Map
Algiers Point is in MLS Area 48 and Lower Algiers is in MLS Area 49
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A few notes about the pricing data:
- All the sales information comes from the database of homes listed as sold by the Gulf South Real Estate Information Network.
- The information is entered by many hundreds of listing agents and brokers, so we consider the data to be generally accurate but do not and cannot guarantee that it is exactly accurate.
- These charts and tables should be regarded as general guides to trends in Metro New Orleans real estate and not as specific recommendations on the worth of individual homes. Each situation has its own variables, and it pays to have an experienced professional to determine the market value of any property prior to undertaking a transaction.
- Multi-family homes used in this study contain four or fewer units.
Lynda Nugent Smith
Lesha Nugent Freeland
Keller Williams Realty
4725 Veterans Memorial Boulevard
Metairie, LA 70006
United States of America
504.455.0100
Each office independently owned and operated
Broker and associate are licensed by the state of Louisiana