Lake Forest
Data as of April 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70127) currently shows 65 active listings, with 18 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 51 days on market compared to 85 days last year.
The median listing price has risen 0.1% year-over-year, from $184,725 to $184,950.
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: 26,153 · Density: 1,846.0/mi² · Median household income: $37,401
Typical home value: $186,756 · Homeownership: 45.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70127 | New Orleans, LA 70127 | 0.0 mi | 61 | $12,035,727 | $186,875 | $197,307 |
| 70126 | New Orleans, LA 70126 | 2.6 mi | 107 | $19,978,933 | $179,475 | $186,719 |
| 70117 | New Orleans, LA 70117 | 5.3 mi | 173 | $52,137,875 | $242,500 | $301,375 |
| 70032 | Arabi, LA 70032 | 5.5 mi | 60 | $19,053,000 | $318,000 | $317,550 |
| 70114 | New Orleans, LA 70114 | 7.2 mi | 117 | $35,758,827 | $262,000 | $305,631 |
| 70075 | Meraux, LA 70075 | 7.5 mi | 28 | $9,214,632 | $260,000 | $329,094 |
| 70124 | New Orleans, LA 70124 | 7.8 mi | 169 | $112,589,321 | $571,975 | $666,209 |
| 70131 | New Orleans, LA 70131 | 8.5 mi | 124 | $43,325,104 | $254,900 | $349,396 |
| 70113 | New Orleans, LA 70113 | 8.8 mi | 58 | $26,386,984 | $317,500 | $454,948 |
| 70125 | New Orleans, LA 70125 | 9.3 mi | 72 | $25,148,952 | $325,000 | $349,291 |
| 70092 | Violet, LA 70092 | 10.1 mi | 25 | $5,765,075 | $217,500 | $230,603 |
| 70056 | Gretna, LA 70056 | 10.3 mi | 123 | $34,132,254 | $244,925 | $277,498 |
| 70118 | New Orleans, LA 70118 | 10.7 mi | 152 | $75,564,976 | $375,000 | $497,138 |
As of April 2026, there are 65 active listings in NEW ORLEANS, LA (zip code 70127), compared to 72 the prior year.
The median listing price in NEW ORLEANS, LA 70127 is $184,950 as of April 2026, a 0.1% increase from $184,725 the prior year.
Homes in NEW ORLEANS, LA 70127 spend an average of 51 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NEW ORLEANS, LA 70127 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70127 save an estimated $3,699 compared to a typical 5% commission on the median listing price of $184,950. 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.