Active Listings
141
⇩ 23% vs 183 last year
Population: 36,800 · Density: 3,072.2/mi² · Median household income: $60,636
Typical home value: $419,701 · Homeownership: 50.3%
Data as of January 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70118) currently shows 141 active listings, with 17 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has tightened compared to last year, with 42 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 84 days on market compared to 88 days last year.
The median listing price has fallen 8.9% year-over-year, from $411,500 to $375,000.
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 $ |
|---|---|---|---|---|---|---|
| 70118 | New Orleans, LA 70118 | 0.0 mi | 141 | $73,944,066 | $375,000 | $524,426 |
| 70115 | New Orleans, LA 70115 | 2.0 mi | 160 | $107,318,880 | $499,000 | $670,743 |
| 70113 | New Orleans, LA 70113 | 2.5 mi | 48 | $19,104,432 | $290,000 | $398,009 |
| 70119 | New Orleans, LA 70119 | 3.1 mi | 137 | $55,736,532 | $324,000 | $406,836 |
| 70001 | Metairie, LA 70001 | 3.7 mi | 150 | $69,129,450 | $329,900 | $460,863 |
| 70116 | New Orleans, LA 70116 | 4.0 mi | 195 | $114,985,455 | $399,000 | $589,669 |
| 70123 | New Orleans, LA 70123 | 4.8 mi | 123 | $55,402,029 | $346,600 | $450,423 |
| 70002 | Metairie, LA 70002 | 5.0 mi | 76 | $35,137,764 | $369,000 | $462,339 |
| 70114 | New Orleans, LA 70114 | 5.6 mi | 107 | $33,501,700 | $269,900 | $313,100 |
| 70117 | New Orleans, LA 70117 | 6.0 mi | 171 | $52,662,870 | $250,000 | $307,970 |
| 70058 | Harvey, LA 70058 | 6.3 mi | 96 | $25,434,144 | $243,800 | $264,939 |
| 70174 | New Orleans, LA 70174 | 6.6 mi | 2 | $669,800 | $334,900 | $334,900 |
| 70032 | Arabi, LA 70032 | 7.8 mi | 63 | $20,217,078 | $319,000 | $320,906 |
As of January 2026, there are 141 active listings in NEW ORLEANS, LA (zip code 70118), compared to 183 the prior year.
The median listing price in NEW ORLEANS, LA 70118 is $375,000 as of January 2026, a 8.9% decrease from $411,500 the prior year.
Homes in NEW ORLEANS, LA 70118 spend an average of 84 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NEW ORLEANS, LA 70118 is currently a Seller's Market. Inventory has tightened compared to last year, with 42 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 84 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70118 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. 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.