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Data as of September 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70124) currently shows 139 active listings, with 27 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has tightened compared to last year, with 53 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 70 days on market compared to 93 days last year.
The median listing price has fallen 4% year-over-year, from $548,750 to $527,000.
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 September 2026, there are 139 active listings in NEW ORLEANS, LA (zip code 70124), compared to 192 the prior year.
The median listing price in NEW ORLEANS, LA 70124 is $527,000 as of September 2026, a 4% decrease from $548,750 the prior year.
Homes in NEW ORLEANS, LA 70124 spend an average of 70 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEW ORLEANS, LA 70124 is currently a Seller's Market. Inventory has tightened compared to last year, with 53 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 70 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70124 save an estimated $10,540 compared to a typical 5% commission on the median listing price of $527,000. 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.