Data as of March 2026. Source: Realtor.com.
The New Orleans, LA real estate market currently shows 2,468 active listings, with 450 pending sales. Homes are averaging 74.9 days on the market before going under contract.
Inventory has tightened compared to last year, with 36 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 74.9 days on market compared to 78 days last year.
The median listing price has fallen 10% year-over-year, from $383,258 to $345,070.
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, 70118, 70119, 70121, 70122, 70123, 70124, 70126, 70128
Tremé: 70116
Broadmoor: 70125
Read Blvd East: 70127
Camp Leroy Johnson: 70146
Milneburg: 70148