Active Listings
189
⇩ 10.8% vs 212 last year
Faubourg Marigny · Marigny · Seventh Ward · Treme · Vieux Carre
Data as of September 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70116) currently shows 189 active listings, with 18 pending sales. Homes are averaging 107 days on the market before going under contract.
Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 107 days on market compared to 108 days last year.
The median listing price has fallen 8.6% year-over-year, from $394,500 to $360,500.
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 September 2026, there are 189 active listings in NEW ORLEANS, LA (zip code 70116), compared to 212 the prior year.
The median listing price in NEW ORLEANS, LA 70116 is $360,500 as of September 2026, a 8.6% decrease from $394,500 the prior year.
Homes in NEW ORLEANS, LA 70116 spend an average of 107 days on the market before going under contract, compared to 108 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEW ORLEANS, LA 70116 is currently a Seller's Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 107 days on market compared to 108 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70116 save an estimated $7,210 compared to a typical 5% commission on the median listing price of $360,500. 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.