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City / Town Overview

New Orleans, LA

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

Market Analysis

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

The New Orleans, LA real estate market currently shows 2,241 active listings, with 392 pending sales. Homes are averaging 88.9 days on the market before going under contract.

Inventory has tightened compared to last year, with 155 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 88.9 days on market compared to 89.2 days last year.

The median listing price has fallen 6.7% year-over-year, from $347,762 to $324,424.

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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
2,241
⇩ 6.5% vs 2,396 last year
Pending
392
17% pending ratio
Median Price
$324,424
⇩ 6.7% vs $347,762 last year
Average Price
$448,725
⇩ 3.9% vs $467,105 last year
Days on Market
88.9
⇩ 0.3% vs 89 days last year

Price Per Square Foot

Median $/sqft
$229
⇩ 2.3% vs $234/sqft last year
Median Home Size
1,594 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 %