Brechtel (Tall Timbers) · English Turn (New Aurora) · Forest Isle · New Aurora · Old Aurora
Data as of March 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70131) currently shows 145 active listings, with 28 pending sales. Homes are averaging 56 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 56 days on market compared to 75 days last year.
The median listing price has fallen 7.8% year-over-year, from $283,500 to $261,500.
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.
Population: 25,749 · Density: 848.9/mi² · Median household income: $60,157
Typical home value: $221,843 · Homeownership: 63.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70131 | New Orleans, LA 70131 | 0.0 mi | 124 | $43,325,104 | $254,900 | $349,396 |
| 70043 | Chalmette, LA 70043 | 3.4 mi | 118 | $31,639,576 | $261,238 | $268,132 |
| 70032 | Arabi, LA 70032 | 3.7 mi | 60 | $19,053,000 | $318,000 | $317,550 |
| 70056 | Gretna, LA 70056 | 4.4 mi | 123 | $34,132,254 | $244,925 | $277,498 |
| 70053 | Gretna, LA 70053 | 5.6 mi | 63 | $16,952,292 | $261,950 | $269,084 |
| 70130 | New Orleans, LA 70130 | 6.8 mi | 201 | $141,894,141 | $385,000 | $705,941 |
| 70116 | New Orleans, LA 70116 | 7.4 mi | 196 | $114,513,000 | $395,000 | $584,250 |
| 70113 | New Orleans, LA 70113 | 7.8 mi | 58 | $26,386,984 | $317,500 | $454,948 |
| 70127 | New Orleans, LA 70127 | 8.5 mi | 61 | $12,035,727 | $186,875 | $197,307 |
| 70119 | New Orleans, LA 70119 | 8.9 mi | 139 | $57,954,799 | $324,750 | $416,941 |
| 70125 | New Orleans, LA 70125 | 9.1 mi | 72 | $25,148,952 | $325,000 | $349,291 |
| 70128 | New Orleans, LA 70128 | 9.7 mi | 68 | $14,576,684 | $199,975 | $214,363 |
| 70040 | Braithwaite, LA 70040 | 10.6 mi | 9 | $3,803,400 | $254,450 | $422,600 |
As of March 2026, there are 145 active listings in NEW ORLEANS, LA (zip code 70131), compared to 139 the prior year.
The median listing price in NEW ORLEANS, LA 70131 is $261,500 as of March 2026, a 7.8% decrease from $283,500 the prior year.
Homes in NEW ORLEANS, LA 70131 spend an average of 56 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of March 2026, NEW ORLEANS, LA 70131 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70131 save an estimated $5,230 compared to a typical 5% commission on the median listing price of $261,500. 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.