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.
Whether you are buying or selling in New Orleans, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 418,997 · Density: 2,097.8/mi² · Median household income: $56,475
Typical home value: $318,617 · Homeownership: 50.9%
New Orleans: 70112, 70113, 70114, 70116, 70117, 70118, 70119, 70121, 70123, 70124, 70126, 70129
Gentilly: 70122
Broadmoor: 70125
Read Blvd East: 70127
Barrington Park: 70128
French Quarter: 70130
Camp Leroy Johnson: 70146