Call or Text (240) SELL-123
Lake Catherine (Fort Pike) Venetian Isles (Viavant) Village de l'est

NEW ORLEANS, LA 70129

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 70129

Lake Catherine (Fort Pike) · Venetian Isles (Viavant) · Village de l'est

Market Analysis

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

The NEW ORLEANS, LA real estate market (70129) currently shows 57 active listings, with 9 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 82 days last year.

The median listing price has fallen 2.5% year-over-year, from $269,000 to $262,175.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for NEW ORLEANS, LA 70129 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 10,314  ·  Density: 43.8/mi²  ·  Median household income: $51,500

Typical home value: $174,565  ·  Homeownership: 67.8%

Market Overview

Active Listings
57
⇧ 21.3% vs 47 last year
Pending
9
16% pending ratio
Median Price
$262,175
⇩ 2.5% vs $269,000 last year
Average Price
$305,544
⇧ 7.4% vs $284,477 last year
Days on Market
83
⇧ 1.2% vs 82 days last year

Price Per Square Foot

Median $/sqft
$121
⇧ 4.3% vs $116/sqft last year
Median Home Size
2,166 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 47 last year
  • Days on market: 83 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $262,175 (-2.5% YoY)
  • Average: $305,544 (+7.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.7 miles — 1,380 listings ($566,782,716 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70129New Orleans, LA 701290.0 mi53$16,230,614$275,000$306,238
70127New Orleans, LA 7012710.2 mi61$12,035,727$186,875$197,307
70461Slidell, LA 7046112.2 mi233$94,286,479$297,225$404,663
70043Chalmette, LA 7004312.4 mi118$31,639,576$261,238$268,132
70092Violet, LA 7009213.5 mi25$5,765,075$217,500$230,603
70131New Orleans, LA 7013114.8 mi124$43,325,104$254,900$349,396
70117New Orleans, LA 7011715.0 mi173$52,137,875$242,500$301,375
70174New Orleans, LA 7017416.2 mi3$883,449$283,150$294,483
70116New Orleans, LA 7011616.9 mi196$114,513,000$395,000$584,250
70119New Orleans, LA 7011917.8 mi139$57,954,799$324,750$416,941
70124New Orleans, LA 7012418.0 mi169$112,589,321$571,975$666,209
70053Gretna, LA 7005318.3 mi63$16,952,292$261,950$269,084
70085Saint Bernard, LA 7008518.7 mi23$8,469,405$298,750$368,235

Frequently Asked Questions

How many homes are for sale in NEW ORLEANS, LA 70129?

As of March 2026, there are 57 active listings in NEW ORLEANS, LA (zip code 70129), compared to 47 the prior year.

What is the median home price in NEW ORLEANS, LA 70129?

The median listing price in NEW ORLEANS, LA 70129 is $262,175 as of March 2026, a 2.5% decrease from $269,000 the prior year.

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

Homes in NEW ORLEANS, LA 70129 spend an average of 83 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in NEW ORLEANS, LA 70129?

Based on current inventory and days-on-market data as of March 2026, NEW ORLEANS, LA 70129 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 82 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 70129 save an estimated $5,244 compared to a typical 5% commission on the median listing price of $262,175. 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.