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NEW ORLEANS, LA 70122

Real Estate Market Report  ·  Orleans County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
169
⇩ 12.9% vs 194 last year
Pending
28
17% pending ratio
Median Price
$298,504
⇩ 0.2% vs $299,000 last year
Average Price
$321,542
⇩ 4.3% vs $335,897 last year
Days on Market
90
⇩ 1.1% vs 91 days last year

Market Context

Population: 35,147  ·  Density: 2,164.7/mi²  ·  Median household income: $44,750

Typical home value: $261,882  ·  Homeownership: 56.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEW ORLEANS, LA real estate market (70122) currently shows 169 active listings, with 28 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 90 days on market compared to 91 days last year.

The median listing price has fallen 0.2% year-over-year, from $299,000 to $298,504.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 169 this year vs 194 last year
  • Days on market: 90 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $298,504 (-0.2% YoY)
  • Average: $321,542 (-4.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.5 miles — 1,418 listings ($612,874,750 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70122New Orleans, LA 701220.0 mi169$54,340,598$298,504$321,542
70119New Orleans, LA 701192.6 mi137$55,736,532$324,000$406,836
70126New Orleans, LA 701262.9 mi107$20,619,542$180,000$192,706
70112New Orleans, LA 701123.7 mi50$31,932,050$382,000$638,641
70125New Orleans, LA 701254.5 mi75$26,734,575$325,000$356,461
70130New Orleans, LA 701305.0 mi200$146,926,200$394,450$734,631
70127New Orleans, LA 701275.5 mi60$12,120,720$199,000$202,012
70032Arabi, LA 700325.7 mi63$20,217,078$319,000$320,906
70115New Orleans, LA 701156.3 mi160$107,318,880$499,000$670,743
70001Metairie, LA 700016.5 mi150$69,129,450$329,900$460,863
70121New Orleans, LA 701216.5 mi70$22,857,030$314,450$326,529
70128New Orleans, LA 701287.2 mi56$12,977,888$209,950$231,748
70056Gretna, LA 700568.5 mi121$31,964,207$244,900$264,167

Frequently Asked Questions

How many homes are for sale in NEW ORLEANS, LA 70122?

As of January 2026, there are 169 active listings in NEW ORLEANS, LA (zip code 70122), compared to 194 the prior year.

What is the median home price in NEW ORLEANS, LA 70122?

The median listing price in NEW ORLEANS, LA 70122 is $298,504 as of January 2026, a 0.2% decrease from $299,000 the prior year.

How long do homes stay on the market in NEW ORLEANS, LA?

Homes in NEW ORLEANS, LA 70122 spend an average of 90 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in NEW ORLEANS, LA 70122?

Based on current inventory and days-on-market data as of January 2026, NEW ORLEANS, LA 70122 is currently a Seller's Market. Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 90 days on market compared to 91 days last year.

How much can I save on real estate commission in NEW ORLEANS, LA?

With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70122 save an estimated $5,970 compared to a typical 5% commission on the median listing price of $298,504. 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.