Population: 33,069 · Density: 3,319.5/mi² · Median household income: $91,672
Typical home value: $583,657 · Homeownership: 55.6%
Data as of January 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70115) currently shows 160 active listings, with 31 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 82 days on market compared to 79 days last year.
The median listing price has fallen 12.8% year-over-year, from $572,000 to $499,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70115 | New Orleans, LA 70115 | 0.0 mi | 160 | $107,318,880 | $499,000 | $670,743 |
| 70125 | New Orleans, LA 70125 | 2.0 mi | 75 | $26,734,575 | $325,000 | $356,461 |
| 70130 | New Orleans, LA 70130 | 2.2 mi | 200 | $146,926,200 | $394,450 | $734,631 |
| 70053 | Gretna, LA 70053 | 3.0 mi | 56 | $14,972,216 | $249,900 | $267,361 |
| 70116 | New Orleans, LA 70116 | 3.7 mi | 195 | $114,985,455 | $399,000 | $589,669 |
| 70058 | Harvey, LA 70058 | 4.3 mi | 96 | $25,434,144 | $243,800 | $264,939 |
| 70056 | Gretna, LA 70056 | 4.9 mi | 121 | $31,964,207 | $244,900 | $264,167 |
| 70117 | New Orleans, LA 70117 | 5.3 mi | 171 | $52,662,870 | $250,000 | $307,970 |
| 70001 | Metairie, LA 70001 | 5.7 mi | 150 | $69,129,450 | $329,900 | $460,863 |
| 70122 | New Orleans, LA 70122 | 6.3 mi | 169 | $54,340,598 | $298,504 | $321,542 |
| 70094 | Westwego, LA 70094 | 6.4 mi | 89 | $23,890,003 | $192,000 | $268,427 |
| 70032 | Arabi, LA 70032 | 6.6 mi | 63 | $20,217,078 | $319,000 | $320,906 |
| 70006 | Metairie, LA 70006 | 8.2 mi | 61 | $23,818,243 | $359,900 | $390,463 |
As of January 2026, there are 160 active listings in NEW ORLEANS, LA (zip code 70115), compared to 159 the prior year.
The median listing price in NEW ORLEANS, LA 70115 is $499,000 as of January 2026, a 12.8% decrease from $572,000 the prior year.
Homes in NEW ORLEANS, LA 70115 spend an average of 82 days on the market before going under contract, compared to 79 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NEW ORLEANS, LA 70115 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 82 days on market compared to 79 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70115 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. 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.