Data as of April 2026. Source: Realtor.com.
The New Orleans, LA real estate market currently shows 2,566 active listings, with 511 pending sales. Homes are averaging 68.4 days on the market before going under contract.
Inventory has tightened compared to last year, with 137 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 68.4 days on market compared to 70.8 days last year.
The median listing price has fallen 8.2% year-over-year, from $381,430 to $350,072.
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, 70117, 70121, 70123, 70124, 70126, 70128, 70129, 70130, 70131
Tremé: 70116
Greenville: 70118
Faubourg St. John: 70119
Gentilly: 70122
Broadmoor: 70125
Read Blvd East: 70127
French Quarter: 70139
Camp Leroy Johnson: 70146
Milneburg: 70148