Population: 10,956 · Density: 1,290.9/mi² · Median household income: $56,378
Typical home value: $232,053 · Homeownership: 55.2%
Data as of January 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70121) currently shows 70 active listings, with 11 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 85 days on market compared to 61 days last year.
The median listing price has fallen 0.2% year-over-year, from $314,950 to $314,450.
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 $ |
|---|---|---|---|---|---|---|
| 70121 | New Orleans, LA 70121 | 0.0 mi | 70 | $22,857,030 | $314,450 | $326,529 |
| 70118 | New Orleans, LA 70118 | 2.3 mi | 141 | $73,944,066 | $375,000 | $524,426 |
| 70005 | Metairie, LA 70005 | 3.1 mi | 121 | $80,850,506 | $465,000 | $668,186 |
| 70002 | Metairie, LA 70002 | 3.4 mi | 76 | $35,137,764 | $369,000 | $462,339 |
| 70003 | Metairie, LA 70003 | 4.2 mi | 164 | $56,118,996 | $300,000 | $342,189 |
| 70119 | New Orleans, LA 70119 | 4.4 mi | 137 | $55,736,532 | $324,000 | $406,836 |
| 70124 | New Orleans, LA 70124 | 4.6 mi | 160 | $106,284,480 | $559,000 | $664,278 |
| 70112 | New Orleans, LA 70112 | 4.9 mi | 50 | $31,932,050 | $382,000 | $638,641 |
| 70116 | New Orleans, LA 70116 | 5.7 mi | 195 | $114,985,455 | $399,000 | $589,669 |
| 70122 | New Orleans, LA 70122 | 6.5 mi | 169 | $54,340,598 | $298,504 | $321,542 |
| 70065 | Kenner, LA 70065 | 7.3 mi | 191 | $62,512,963 | $269,999 | $327,293 |
| 70114 | New Orleans, LA 70114 | 7.8 mi | 107 | $33,501,700 | $269,900 | $313,100 |
| 70058 | Harvey, LA 70058 | 8.3 mi | 96 | $25,434,144 | $243,800 | $264,939 |
As of January 2026, there are 70 active listings in NEW ORLEANS, LA (zip code 70121), compared to 56 the prior year.
The median listing price in NEW ORLEANS, LA 70121 is $314,450 as of January 2026, a 0.2% decrease from $314,950 the prior year.
Homes in NEW ORLEANS, LA 70121 spend an average of 85 days on the market before going under contract, compared to 61 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NEW ORLEANS, LA 70121 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 61 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70121 save an estimated $6,289 compared to a typical 5% commission on the median listing price of $314,450. 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.