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City / Town Overview

New Orleans, LA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The New Orleans, LA real estate market currently shows 2,492 active listings, with 466 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 242 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 78 days on market compared to 76.3 days last year.

The median listing price has fallen 7.2% year-over-year, from $367,381 to $340,976.

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Market Context

Market Context

Population: 418,997  ·  Density: 2,097.8/mi²  ·  Median household income: $56,475

Typical home value: $318,617  ·  Homeownership: 50.9%

Included Areas

New Orleans: 70112, 70113, 70114, 70116, 70117, 70118, 70119, 70121, 70123, 70124, 70126, 70129

Uptown: 70115, 70154

Gentilly: 70122

Broadmoor: 70125

Read Blvd East: 70127

Barrington Park: 70128

French Quarter: 70130

Camp Leroy Johnson: 70146

Area Map

Market Overview

Active Listings
2,492
⇩ 8.9% vs 2,734 last year
Pending
466
19% pending ratio
Median Price
$340,976
⇩ 7.2% vs $367,381 last year
Average Price
$466,657
⇩ 6.4% vs $498,645 last year
Days on Market
78
⇧ 2.2% vs 76 days last year

Price Per Square Foot

Median $/sqft
$235
⇩ 2.7% vs $242/sqft last year
Median Home Size
1,629 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %