Audubon (University) · Black Pearl · Dixon · East Carrollton · Hollygrove · Marlyville (Fontainbleau) · West Carrollton (Leonidas) · West Riverside · Zion City (Gerrtown)
Data as of September 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70118) currently shows 137 active listings, with 21 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 65 days on market compared to 80 days last year.
The median listing price has risen 7% year-over-year, from $327,188 to $350,000.
Population: 36,800 · Density: 3,072.2/mi² · Median household income: $60,636
Typical home value: $419,701 · Homeownership: 50.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70118 | New Orleans, LA 70118 | 0.0 mi | 152 | $75,564,976 | $375,000 | $497,138 |
| 70115 | New Orleans, LA 70115 | 2.0 mi | 173 | $112,913,640 | $478,625 | $652,680 |
| 70113 | New Orleans, LA 70113 | 2.5 mi | 58 | $26,386,984 | $317,500 | $454,948 |
| 70119 | New Orleans, LA 70119 | 3.1 mi | 139 | $57,954,799 | $324,750 | $416,941 |
| 70001 | Metairie, LA 70001 | 3.7 mi | 155 | $75,788,180 | $328,500 | $488,956 |
| 70116 | New Orleans, LA 70116 | 4.0 mi | 196 | $114,513,000 | $395,000 | $584,250 |
| 70123 | New Orleans, LA 70123 | 4.8 mi | 125 | $56,900,500 | $338,675 | $455,204 |
| 70002 | Metairie, LA 70002 | 5.0 mi | 88 | $39,765,440 | $387,450 | $451,880 |
| 70114 | New Orleans, LA 70114 | 5.6 mi | 117 | $35,758,827 | $262,000 | $305,631 |
| 70117 | New Orleans, LA 70117 | 6.0 mi | 173 | $52,137,875 | $242,500 | $301,375 |
| 70058 | Harvey, LA 70058 | 6.3 mi | 109 | $28,673,976 | $239,925 | $263,064 |
| 70174 | New Orleans, LA 70174 | 6.6 mi | 3 | $883,449 | $283,150 | $294,483 |
| 70032 | Arabi, LA 70032 | 7.8 mi | 60 | $19,053,000 | $318,000 | $317,550 |
As of September 2026, there are 137 active listings in NEW ORLEANS, LA (zip code 70118), compared to 168 the prior year.
The median listing price in NEW ORLEANS, LA 70118 is $350,000 as of September 2026, a 7% increase from $327,188 the prior year.
Homes in NEW ORLEANS, LA 70118 spend an average of 65 days on the market before going under contract, compared to 80 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEW ORLEANS, LA 70118 is currently a Seller's Market. Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 65 days on market compared to 80 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70118 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.