If you need assistance, please call 504-780-9422

New Orleans Market Report

$480,333

AVERAGE PRICE OF 3,184 HOMES

$1,951,247

AVERAGE PRICE OF 264 MULTI-MILLION DOLLAR HOMES

$504,610

AVERAGE PRICE OF 715 NEWLY BUILT HOMES

$877,774

AVERAGE PRICE OF 328 HOMES WITH A POOL

$476,909

AVERAGE PRICE OF 112 REDUCED PRICE HOMES

Average Home

Average Price $480,333
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $330,967
2 bedrooms $424,887
3 bedrooms $391,391
4 bedrooms $497,961
5 bedrooms $872,106
New Orleans Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 3,239 3,126 3,077 3,169 3,092
Average Price $469,928 $465,555 $462,693 $461,728 $460,620
Avg Price Change +0.94% +0.62% +0.21% +0.24% +0.59%
Median Price $324,055 $317,342 $310,267 $307,749 $301,189
Med Price Change +2.12% +2.28% +0.82% +2.18% +0.67%
Avg Bedrooms 2.8 beds 2.76 beds 2.74 beds 2.76 beds 2.78 beds
Avg Bathrooms 2.23 baths 2.19 baths 2.18 baths 2.19 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 11 $407,027 95 days
Holy Cross 6 $351,816 58 days
McD35/Frankln 6 $98,750 192 days
Oppsb 7 $272,842 115 days
Orleans 6 $244,416 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,184 $480,333 131 days
Multi-Million Dollar Homes 264 $1,951,247 168 days
Newly Built Homes 715 $504,610 95 days
Homes with a Pool 328 $877,774 160 days
Reduced Price Homes 112 $476,909 102 days
The Birdsong Group brokered by eXp Realty, LLC
Betsy Birdsong - Associate Broker
Branch Office - 2201 Veterans Memorial Blvd. Suite 405
Metairie, LA 70002
504-780-9422
Licensed in Louisiana

Copyright 2020 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. “Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.