If you need assistance, please call 504-345-1000

New Orleans Market Report

$412,567

AVERAGE PRICE OF 3,389 HOMES

$1,758,545

AVERAGE PRICE OF 212 MULTI-MILLION DOLLAR HOMES

$467,528

AVERAGE PRICE OF 785 NEWLY BUILT HOMES

$708,250

AVERAGE PRICE OF 420 HOMES WITH A POOL

$424,440

AVERAGE PRICE OF 101 REDUCED PRICE HOMES

Average Home

Average Price $412,567
Avg Bedrooms 2.66 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $316,986
2 bedrooms $424,831
3 bedrooms $373,746
4 bedrooms $484,660
5 bedrooms $753,842
New Orleans Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 3,056 3,619 3,263 3,145 3,164
Average Price $409,190 $402,963 $411,377 $423,265 $426,998
Avg Price Change +1.55% -2.09% -2.89% -0.88% -0.78%
Median Price $289,508 $288,076 $294,019 $299,178 $299,068
Med Price Change +0.50% -2.06% -1.75% +0.04% +0.02%
Avg Bedrooms 2.6 beds 2.68 beds 2.67 beds 2.67 beds 2.65 beds
Avg Bathrooms 2.1 baths 2.14 baths 2.12 baths 2.09 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 14 $369,635 59 days
Holy Cross 9 $442,000 74 days
Karr 5 $331,600 74 days
Mt Carmel 8 $352,750 62 days
Oppsb 13 $400,284 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,389 $412,567 63 days
Multi-Million Dollar Homes 212 $1,758,545 64 days
Newly Built Homes 785 $467,528 61 days
Homes with a Pool 420 $708,250 66 days
Reduced Price Homes 101 $424,440 69 days
The Blanchard Group Keller Williams Realty
Jennifer Blanchard
3197 Richland Ave
Metairie , LA 70002
504-345-1000
504-455-0100
Hung Le
(504) 210-6697
hung.le@movement.com


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