Lake Forest
Data as of June 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70127) currently shows 63 active listings, with 15 pending sales. Homes are averaging 90 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 90 days on market compared to 107 days last year.
The median listing price has risen 1.1% year-over-year, from $179,750 to $181,669.
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 June 2026, there are 63 active listings in NEW ORLEANS, LA (zip code 70127), compared to 67 the prior year.
The median listing price in NEW ORLEANS, LA 70127 is $181,669 as of June 2026, a 1.1% increase from $179,750 the prior year.
Homes in NEW ORLEANS, LA 70127 spend an average of 90 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of June 2026, NEW ORLEANS, LA 70127 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 90 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70127 save an estimated $3,633 compared to a typical 5% commission on the median listing price of $181,669. 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.