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City / Town Overview

New Orleans, LA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2,194
⇩ 4.5% vs 2,297 last year
Pending
312
14% pending ratio
Median Price
$343,880
⇩ 9.1% vs $378,244 last year
Average Price
$457,737
⇩ 8.8% vs $501,785 last year
Days on Market
90.5
⇩ 2.9% vs 93 days last year

Market Analysis

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

The New Orleans, LA real estate market currently shows 2,194 active listings, with 312 pending sales. Homes are averaging 90.5 days on the market before going under contract.

Inventory has tightened compared to last year, with 103 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 90.5 days on market compared to 93.2 days last year.

The median listing price has fallen 9.1% year-over-year, from $378,244 to $343,880.

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.

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Included Areas

New Orleans: 70112, 70113, 70114, 70115, 70116, 70117, 70118, 70119, 70121, 70122, 70123, 70124

Market Context

ZIP coverage: 61  ·  Population: 418,997  ·  Median household income: $56,475

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

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings