Data as of July 2026. Source: Realtor.com.
The New Orleans, LA real estate market currently shows 2,391 active listings, with 427 pending sales. Homes are averaging 85.9 days on the market before going under contract.
Inventory has tightened compared to last year, with 209 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 85.9 days on market compared to 82.4 days last year.
The median listing price has fallen 5.3% year-over-year, from $359,062 to $340,016.
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