Active Listings
126
⇩ 10% vs 140 last year
Data as of April 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70123) currently shows 126 active listings, with 32 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 65 days on market compared to 52 days last year.
The median listing price has fallen 5.6% year-over-year, from $369,000 to $348,225.
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: 27,633 · Density: 1,407.4/mi² · Median household income: $78,415
Typical home value: $292,857 · Homeownership: 59.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70123 | New Orleans, LA 70123 | 0.0 mi | 125 | $56,900,500 | $338,675 | $455,204 |
| 70121 | New Orleans, LA 70121 | 2.8 mi | 80 | $26,682,960 | $317,500 | $333,537 |
| 70003 | Metairie, LA 70003 | 3.3 mi | 165 | $54,554,610 | $299,000 | $330,634 |
| 70006 | Metairie, LA 70006 | 4.4 mi | 63 | $23,970,366 | $350,000 | $380,482 |
| 70002 | Metairie, LA 70002 | 4.8 mi | 88 | $39,765,440 | $387,450 | $451,880 |
| 70031 | Ama, LA 70031 | 5.5 mi | 3 | $617,625 | $228,375 | $205,875 |
| 70125 | New Orleans, LA 70125 | 6.1 mi | 72 | $25,148,952 | $325,000 | $349,291 |
| 70087 | Saint Rose, LA 70087 | 6.8 mi | 11 | $2,458,060 | $239,000 | $223,460 |
| 70119 | New Orleans, LA 70119 | 7.2 mi | 139 | $57,954,799 | $324,750 | $416,941 |
| 70112 | New Orleans, LA 70112 | 7.7 mi | 55 | $33,645,370 | $375,000 | $611,734 |
| 70116 | New Orleans, LA 70116 | 8.5 mi | 196 | $114,513,000 | $395,000 | $584,250 |
| 70053 | Gretna, LA 70053 | 9.4 mi | 63 | $16,952,292 | $261,950 | $269,084 |
| 70047 | Destrehan, LA 70047 | 9.7 mi | 61 | $22,669,125 | $304,750 | $371,625 |
As of April 2026, there are 126 active listings in NEW ORLEANS, LA (zip code 70123), compared to 140 the prior year.
The median listing price in NEW ORLEANS, LA 70123 is $348,225 as of April 2026, a 5.6% decrease from $369,000 the prior year.
Homes in NEW ORLEANS, LA 70123 spend an average of 65 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NEW ORLEANS, LA 70123 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70123 save an estimated $6,965 compared to a typical 5% commission on the median listing price of $348,225. 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.