Data as of July 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70121) currently shows 70 active listings, with 13 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 82 days on market compared to 66 days last year.
The median listing price has fallen 11.3% year-over-year, from $299,250 to $265,500.
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: 10,956 · Density: 1,290.9/mi² · Median household income: $56,378
Typical home value: $232,053 · Homeownership: 55.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70121 | New Orleans, LA 70121 | 0.0 mi | 80 | $26,682,960 | $317,500 | $333,537 |
| 70118 | New Orleans, LA 70118 | 2.3 mi | 152 | $75,564,976 | $375,000 | $497,138 |
| 70005 | Metairie, LA 70005 | 3.1 mi | 121 | $79,133,153 | $467,500 | $653,993 |
| 70002 | Metairie, LA 70002 | 3.4 mi | 88 | $39,765,440 | $387,450 | $451,880 |
| 70003 | Metairie, LA 70003 | 4.2 mi | 165 | $54,554,610 | $299,000 | $330,634 |
| 70119 | New Orleans, LA 70119 | 4.4 mi | 139 | $57,954,799 | $324,750 | $416,941 |
| 70124 | New Orleans, LA 70124 | 4.6 mi | 169 | $112,589,321 | $571,975 | $666,209 |
| 70112 | New Orleans, LA 70112 | 4.9 mi | 55 | $33,645,370 | $375,000 | $611,734 |
| 70116 | New Orleans, LA 70116 | 5.7 mi | 196 | $114,513,000 | $395,000 | $584,250 |
| 70122 | New Orleans, LA 70122 | 6.5 mi | 178 | $58,080,866 | $284,700 | $326,297 |
| 70065 | Kenner, LA 70065 | 7.3 mi | 219 | $75,820,209 | $272,500 | $346,211 |
| 70114 | New Orleans, LA 70114 | 7.8 mi | 117 | $35,758,827 | $262,000 | $305,631 |
| 70058 | Harvey, LA 70058 | 8.3 mi | 109 | $28,673,976 | $239,925 | $263,064 |
As of July 2026, there are 70 active listings in NEW ORLEANS, LA (zip code 70121), compared to 81 the prior year.
The median listing price in NEW ORLEANS, LA 70121 is $265,500 as of July 2026, a 11.3% decrease from $299,250 the prior year.
Homes in NEW ORLEANS, LA 70121 spend an average of 82 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NEW ORLEANS, LA 70121 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70121 save an estimated $5,310 compared to a typical 5% commission on the median listing price of $265,500. 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.