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Data as of June 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70124) currently shows 167 active listings, with 53 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has tightened compared to last year, with 75 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 82 days on market compared to 63 days last year.
The median listing price has risen 2% year-over-year, from $560,000 to $571,000.
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: 20,212 · Density: 1,168.9/mi² · Median household income: $113,525
Typical home value: $556,488 · Homeownership: 73.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70124 | New Orleans, LA 70124 | 0.0 mi | 169 | $112,589,321 | $571,975 | $666,209 |
| 70122 | New Orleans, LA 70122 | 2.3 mi | 178 | $58,080,866 | $284,700 | $326,297 |
| 70002 | Metairie, LA 70002 | 3.5 mi | 88 | $39,765,440 | $387,450 | $451,880 |
| 70125 | New Orleans, LA 70125 | 3.8 mi | 72 | $25,148,952 | $325,000 | $349,291 |
| 70001 | Metairie, LA 70001 | 4.3 mi | 155 | $75,788,180 | $328,500 | $488,956 |
| 70121 | New Orleans, LA 70121 | 4.6 mi | 80 | $26,682,960 | $317,500 | $333,537 |
| 70117 | New Orleans, LA 70117 | 5.2 mi | 173 | $52,137,875 | $242,500 | $301,375 |
| 70006 | Metairie, LA 70006 | 5.3 mi | 63 | $23,970,366 | $350,000 | $380,482 |
| 70115 | New Orleans, LA 70115 | 5.8 mi | 173 | $112,913,640 | $478,625 | $652,680 |
| 70003 | Metairie, LA 70003 | 6.6 mi | 165 | $54,554,610 | $299,000 | $330,634 |
| 70123 | New Orleans, LA 70123 | 7.2 mi | 125 | $56,900,500 | $338,675 | $455,204 |
| 70174 | New Orleans, LA 70174 | 7.6 mi | 3 | $883,449 | $283,150 | $294,483 |
| 70043 | Chalmette, LA 70043 | 9.0 mi | 118 | $31,639,576 | $261,238 | $268,132 |
As of June 2026, there are 167 active listings in NEW ORLEANS, LA (zip code 70124), compared to 242 the prior year.
The median listing price in NEW ORLEANS, LA 70124 is $571,000 as of June 2026, a 2% increase from $560,000 the prior year.
Homes in NEW ORLEANS, LA 70124 spend an average of 82 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of June 2026, NEW ORLEANS, LA 70124 is currently a Balanced Market. Inventory has tightened compared to last year, with 75 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70124 save an estimated $11,420 compared to a typical 5% commission on the median listing price of $571,000. 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.