Lake Forest
Data as of September 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70127) currently shows 60 active listings, with 18 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 72 days on market compared to 56 days last year.
The median listing price has fallen 13.7% year-over-year, from $197,000 to $170,000.
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 September 2026, there are 60 active listings in NEW ORLEANS, LA (zip code 70127), compared to 60 the prior year.
The median listing price in NEW ORLEANS, LA 70127 is $170,000 as of September 2026, a 13.7% decrease from $197,000 the prior year.
Homes in NEW ORLEANS, LA 70127 spend an average of 72 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEW ORLEANS, LA 70127 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 72 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70127 save an estimated $3,400 compared to a typical 5% commission on the median listing price of $170,000. 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.