Brechtel (Tall Timbers) · English Turn (New Aurora) · Forest Isle · New Aurora · Old Aurora
Data as of July 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70131) currently shows 155 active listings, with 34 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 85 days on market compared to 72 days last year.
The median listing price has fallen 1.1% year-over-year, from $295,000 to $291,725.
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 July 2026, there are 155 active listings in NEW ORLEANS, LA (zip code 70131), compared to 135 the prior year.
The median listing price in NEW ORLEANS, LA 70131 is $291,725 as of July 2026, a 1.1% decrease from $295,000 the prior year.
Homes in NEW ORLEANS, LA 70131 spend an average of 85 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NEW ORLEANS, LA 70131 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70131 save an estimated $5,835 compared to a typical 5% commission on the median listing price of $291,725. 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.