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NEW ORLEANS, LA 70128

Real Estate Market Report  ·  Orleans County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
56
⇩ 15.2% vs 66 last year
Pending
15
27% pending ratio
Median Price
$209,950
vs $209,925 last year
Average Price
$231,748
⇧ 4.5% vs $221,785 last year
Days on Market
101
⇧ 21.7% vs 83 days last year

Market Context

Population: 22,538  ·  Density: 1,824.4/mi²  ·  Median household income: $47,937

Typical home value: $211,814  ·  Homeownership: 64.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEW ORLEANS, LA real estate market (70128) currently shows 56 active listings, with 15 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 101 days on market compared to 83 days last year.

The median listing price has risen 0% year-over-year, from $209,925 to $209,950.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 66 last year
  • Days on market: 101 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $209,950 (+0% YoY)
  • Average: $231,748 (+4.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.5 miles — 1,389 listings ($587,328,001 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70128New Orleans, LA 701280.0 mi56$12,977,888$209,950$231,748
70126New Orleans, LA 701264.3 mi107$20,619,542$180,000$192,706
70117New Orleans, LA 701177.2 mi171$52,662,870$250,000$307,970
70032Arabi, LA 700327.2 mi63$20,217,078$319,000$320,906
70129New Orleans, LA 701298.6 mi42$12,720,288$275,000$302,864
70114New Orleans, LA 701149.0 mi107$33,501,700$269,900$313,100
70124New Orleans, LA 701249.4 mi160$106,284,480$559,000$664,278
70131New Orleans, LA 701319.7 mi121$43,435,007$264,000$358,967
70130New Orleans, LA 7013010.4 mi200$146,926,200$394,450$734,631
70092Violet, LA 7009210.8 mi25$5,340,100$207,500$213,604
70125New Orleans, LA 7012511.2 mi75$26,734,575$325,000$356,461
70056Gretna, LA 7005612.0 mi121$31,964,207$244,900$264,167
70118New Orleans, LA 7011812.5 mi141$73,944,066$375,000$524,426

Frequently Asked Questions

How many homes are for sale in NEW ORLEANS, LA 70128?

As of January 2026, there are 56 active listings in NEW ORLEANS, LA (zip code 70128), compared to 66 the prior year.

What is the median home price in NEW ORLEANS, LA 70128?

The median listing price in NEW ORLEANS, LA 70128 is $209,950 as of January 2026, a 0% increase from $209,925 the prior year.

How long do homes stay on the market in NEW ORLEANS, LA?

Homes in NEW ORLEANS, LA 70128 spend an average of 101 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in NEW ORLEANS, LA 70128?

Based on current inventory and days-on-market data as of January 2026, NEW ORLEANS, LA 70128 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 101 days on market compared to 83 days last year.

How much can I save on real estate commission in NEW ORLEANS, LA?

With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70128 save an estimated $4,199 compared to a typical 5% commission on the median listing price of $209,950. 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.