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New Orleans Market Report

$457,028

AVERAGE PRICE OF 3,088 HOMES

$2,031,492

AVERAGE PRICE OF 236 MULTI-MILLION DOLLAR HOMES

$502,504

AVERAGE PRICE OF 759 NEWLY BUILT HOMES

$883,134

AVERAGE PRICE OF 325 HOMES WITH A POOL

$405,909

AVERAGE PRICE OF 73 REDUCED PRICE HOMES

Average Home

Average Price $457,028
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $320,979
2 bedrooms $448,247
3 bedrooms $360,460
4 bedrooms $477,522
5 bedrooms $844,041
New Orleans Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 3,221 3,238 3,192 3,188 3,289
Average Price $453,623 $444,526 $433,057 $427,078 $426,078
Avg Price Change +2.05% +2.65% +1.40% +0.23% -0.80%
Median Price $299,010 $299,000 $298,135 $294,163 $295,000
Med Price Change +0.00% +0.29% +1.35% -0.28% -1.49%
Avg Bedrooms 2.75 beds 2.73 beds 2.74 beds 2.73 beds 2.71 beds
Avg Bathrooms 2.17 baths 2.17 baths 2.18 baths 2.17 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 12 $406,675 134 days
Edna Karr 5 $173,380 155 days
Holy Cross 9 $272,166 69 days
McD35/Frankln 7 $174,642 79 days
Oppsb 5 $407,380 132 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,088 $457,028 118 days
Multi-Million Dollar Homes 236 $2,031,492 127 days
Newly Built Homes 759 $502,504 94 days
Homes with a Pool 325 $883,134 146 days
Reduced Price Homes 73 $405,909 85 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

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