Active Listings
190
⇩ 17.4% vs 230 last year
Faubourg Marigny · Marigny · Seventh Ward · Treme · Vieux Carre
Data as of July 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70116) currently shows 190 active listings, with 14 pending sales. Homes are averaging 97 days on the market before going under contract.
Inventory has tightened compared to last year, with 40 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 97 days on market compared to 84 days last year.
The median listing price has fallen 3.3% year-over-year, from $400,000 to $387,000.
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.
Population: 10,482 · Density: 3,194.0/mi² · Median household income: $43,226
Typical home value: $389,373 · Homeownership: 40.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70116 | New Orleans, LA 70116 | 0.0 mi | 196 | $114,513,000 | $395,000 | $584,250 |
| 70119 | New Orleans, LA 70119 | 1.5 mi | 139 | $57,954,799 | $324,750 | $416,941 |
| 70113 | New Orleans, LA 70113 | 2.1 mi | 58 | $26,386,984 | $317,500 | $454,948 |
| 70125 | New Orleans, LA 70125 | 2.5 mi | 72 | $25,148,952 | $325,000 | $349,291 |
| 70122 | New Orleans, LA 70122 | 2.9 mi | 178 | $58,080,866 | $284,700 | $326,297 |
| 70053 | Gretna, LA 70053 | 3.7 mi | 63 | $16,952,292 | $261,950 | $269,084 |
| 70174 | New Orleans, LA 70174 | 4.0 mi | 3 | $883,449 | $283,150 | $294,483 |
| 70032 | Arabi, LA 70032 | 4.3 mi | 60 | $19,053,000 | $318,000 | $317,550 |
| 70005 | Metairie, LA 70005 | 4.8 mi | 121 | $79,133,153 | $467,500 | $653,993 |
| 70056 | Gretna, LA 70056 | 5.8 mi | 123 | $34,132,254 | $244,925 | $277,498 |
| 70001 | Metairie, LA 70001 | 6.3 mi | 155 | $75,788,180 | $328,500 | $488,956 |
| 70058 | Harvey, LA 70058 | 6.7 mi | 109 | $28,673,976 | $239,925 | $263,064 |
| 70131 | New Orleans, LA 70131 | 7.4 mi | 124 | $43,325,104 | $254,900 | $349,396 |
As of July 2026, there are 190 active listings in NEW ORLEANS, LA (zip code 70116), compared to 230 the prior year.
The median listing price in NEW ORLEANS, LA 70116 is $387,000 as of July 2026, a 3.3% decrease from $400,000 the prior year.
Homes in NEW ORLEANS, LA 70116 spend an average of 97 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NEW ORLEANS, LA 70116 is currently a Balanced Market. Inventory has tightened compared to last year, with 40 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 97 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70116 save an estimated $7,740 compared to a typical 5% commission on the median listing price of $387,000. 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.