Active Listings
209
⇩ 7.5% vs 226 last year
Faubourg Marigny · Marigny · Seventh Ward · Treme · Vieux Carre
Data as of April 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70116) currently shows 209 active listings, with 17 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 83 days on market compared to 87 days last year.
The median listing price has fallen 6.2% year-over-year, from $415,000 to $389,225.
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 April 2026, there are 209 active listings in NEW ORLEANS, LA (zip code 70116), compared to 226 the prior year.
The median listing price in NEW ORLEANS, LA 70116 is $389,225 as of April 2026, a 6.2% decrease from $415,000 the prior year.
Homes in NEW ORLEANS, LA 70116 spend an average of 83 days on the market before going under contract, compared to 87 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NEW ORLEANS, LA 70116 is currently a Seller's Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 83 days on market compared to 87 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70116 save an estimated $7,785 compared to a typical 5% commission on the median listing price of $389,225. 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.