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NEW ORLEANS, LA 70114

Real Estate Market Report  ·  Orleans County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
107
⇧ 17.6% vs 91 last year
Pending
13
12% pending ratio
Median Price
$269,900
⇩ 12.9% vs $309,925 last year
Average Price
$313,100
⇩ 4.1% vs $326,443 last year
Days on Market
73
⇩ 24% vs 96 days last year

Market Context

Population: 22,010  ·  Density: 1,681.6/mi²  ·  Median household income: $40,175

Typical home value: $183,507  ·  Homeownership: 42.9%

Market Analysis

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

The NEW ORLEANS, LA real estate market (70114) currently shows 107 active listings, with 13 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 73 days on market compared to 96 days last year.

The median listing price has fallen 12.9% year-over-year, from $309,925 to $269,900.

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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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 107 this year vs 91 last year
  • Days on market: 73 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $269,900 (-12.9% YoY)
  • Average: $313,100 (-4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.5 miles — 1,469 listings ($704,408,253 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70114New Orleans, LA 701140.0 mi107$33,501,700$269,900$313,100
70053Gretna, LA 700532.0 mi56$14,972,216$249,900$267,361
70130New Orleans, LA 701302.2 mi200$146,926,200$394,450$734,631
70116New Orleans, LA 701162.8 mi195$114,985,455$399,000$589,669
70113New Orleans, LA 701133.1 mi48$19,104,432$290,000$398,009
70119New Orleans, LA 701194.2 mi137$55,736,532$324,000$406,836
70115New Orleans, LA 701154.3 mi160$107,318,880$499,000$670,743
70131New Orleans, LA 701314.7 mi121$43,435,007$264,000$358,967
70122New Orleans, LA 701225.3 mi169$54,340,598$298,504$321,542
70126New Orleans, LA 701265.8 mi107$20,619,542$180,000$192,706
70075Meraux, LA 700756.7 mi23$7,277,085$267,450$316,395
70005Metairie, LA 700057.5 mi121$80,850,506$465,000$668,186
70092Violet, LA 700928.5 mi25$5,340,100$207,500$213,604

Frequently Asked Questions

How many homes are for sale in NEW ORLEANS, LA 70114?

As of January 2026, there are 107 active listings in NEW ORLEANS, LA (zip code 70114), compared to 91 the prior year.

What is the median home price in NEW ORLEANS, LA 70114?

The median listing price in NEW ORLEANS, LA 70114 is $269,900 as of January 2026, a 12.9% decrease from $309,925 the prior year.

How long do homes stay on the market in NEW ORLEANS, LA?

Homes in NEW ORLEANS, LA 70114 spend an average of 73 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in NEW ORLEANS, LA 70114?

Based on current inventory and days-on-market data as of January 2026, NEW ORLEANS, LA 70114 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 73 days on market compared to 96 days last year.

How much can I save on real estate commission in NEW ORLEANS, LA?

With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70114 save an estimated $5,398 compared to a typical 5% commission on the median listing price of $269,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.