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NEW ORLEANS, LA 70129

Real Estate Market Report  ·  Orleans County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
42
⇩ 4.5% vs 44 last year
Pending
2
5% pending ratio
Median Price
$275,000
⇧ 21.7% vs $225,950 last year
Average Price
$302,864
⇧ 12.2% vs $269,999 last year
Days on Market
107
⇩ 2.7% vs 110 days last year

Market Context

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

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

Market Analysis

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

The NEW ORLEANS, LA real estate market (70129) currently shows 42 active listings, with 2 pending sales. Homes are averaging 107 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 107 days on market compared to 110 days last year.

The median listing price has risen 21.7% year-over-year, from $225,950 to $275,000.

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: 42 this year vs 44 last year
  • Days on market: 107 now vs 110 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (+21.7% YoY)
  • Average: $302,864 (+12.2% 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 18.7 miles — 1,322 listings ($543,790,786 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70129New Orleans, LA 701290.0 mi42$12,720,288$275,000$302,864
70127New Orleans, LA 7012710.2 mi60$12,120,720$199,000$202,012
70461Slidell, LA 7046112.2 mi215$85,782,420$295,000$398,988
70043Chalmette, LA 7004312.4 mi117$30,862,611$259,950$263,783
70092Violet, LA 7009213.5 mi25$5,340,100$207,500$213,604
70131New Orleans, LA 7013114.8 mi121$43,435,007$264,000$358,967
70117New Orleans, LA 7011715.0 mi171$52,662,870$250,000$307,970
70174New Orleans, LA 7017416.2 mi2$669,800$334,900$334,900
70116New Orleans, LA 7011616.9 mi195$114,985,455$399,000$589,669
70119New Orleans, LA 7011917.8 mi137$55,736,532$324,000$406,836
70124New Orleans, LA 7012418.0 mi160$106,284,480$559,000$664,278
70053Gretna, LA 7005318.3 mi56$14,972,216$249,900$267,361
70085Saint Bernard, LA 7008518.7 mi21$8,218,287$325,000$391,347

Frequently Asked Questions

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

As of January 2026, there are 42 active listings in NEW ORLEANS, LA (zip code 70129), compared to 44 the prior year.

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

The median listing price in NEW ORLEANS, LA 70129 is $275,000 as of January 2026, a 21.7% increase from $225,950 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 107 days on the market before going under contract, compared to 110 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 January 2026, NEW ORLEANS, LA 70129 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 107 days on market compared to 110 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 $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.