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CBD (Central Business District) Garden District Irish Channel Magnolia (Central City) St Thomas St Thomas Project Vieux Carre

NEW ORLEANS, LA 70130

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 70130

CBD (Central Business District) · Garden District · Irish Channel · Magnolia (Central City) · St Thomas · St Thomas Project · Vieux Carre

Market Analysis

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

The NEW ORLEANS, LA real estate market (70130) currently shows 225 active listings, with 26 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 61 days on market compared to 72 days last year.

The median listing price has fallen 19.5% year-over-year, from $489,000 to $393,500.

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 Context

Market Context

Population: 13,202  ·  Density: 2,388.9/mi²  ·  Median household income: $78,674

Typical home value: $512,790  ·  Homeownership: 36.5%

Market Overview

Active Listings
225
⇧ 1.8% vs 221 last year
Pending
26
12% pending ratio
Median Price
$393,500
⇩ 19.5% vs $489,000 last year
Average Price
$757,833
⇩ 11.7% vs $858,565 last year
Days on Market
61
⇩ 15.3% vs 72 days last year

Price Per Square Foot

Median $/sqft
$370
⇩ 0.8% vs $373/sqft last year
Median Home Size
1,029 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 225 this year vs 221 last year
  • Days on market: 61 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $393,500 (-19.5% YoY)
  • Average: $757,833 (-11.7% 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 8.1 miles — 1,822 listings ($803,833,113 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70130New Orleans, LA 701300.0 mi201$141,894,141$385,000$705,941
70112New Orleans, LA 701121.4 mi55$33,645,370$375,000$611,734
70116New Orleans, LA 701162.1 mi196$114,513,000$395,000$584,250
70114New Orleans, LA 701142.2 mi117$35,758,827$262,000$305,631
70119New Orleans, LA 701192.9 mi139$57,954,799$324,750$416,941
70117New Orleans, LA 701173.2 mi173$52,137,875$242,500$301,375
70056Gretna, LA 700564.1 mi123$34,132,254$244,925$277,498
70058Harvey, LA 700584.6 mi109$28,673,976$239,925$263,064
70124New Orleans, LA 701245.3 mi169$112,589,321$571,975$666,209
70005Metairie, LA 700055.9 mi121$79,133,153$467,500$653,993
70126New Orleans, LA 701266.5 mi107$19,978,933$179,475$186,719
70131New Orleans, LA 701316.8 mi124$43,325,104$254,900$349,396
70072Marrero, LA 700728.1 mi188$50,096,360$232,450$266,470

Frequently Asked Questions

How many homes are for sale in NEW ORLEANS, LA 70130?

As of March 2026, there are 225 active listings in NEW ORLEANS, LA (zip code 70130), compared to 221 the prior year.

What is the median home price in NEW ORLEANS, LA 70130?

The median listing price in NEW ORLEANS, LA 70130 is $393,500 as of March 2026, a 19.5% decrease from $489,000 the prior year.

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

Homes in NEW ORLEANS, LA 70130 spend an average of 61 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in NEW ORLEANS, LA 70130?

Based on current inventory and days-on-market data as of March 2026, NEW ORLEANS, LA 70130 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 72 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 70130 save an estimated $7,870 compared to a typical 5% commission on the median listing price of $393,500. 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.