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

New Orleans Market Report

$489,829

AVERAGE PRICE OF 3,969 HOMES

$1,961,772

AVERAGE PRICE OF 362 MULTI-MILLION DOLLAR HOMES

$529,056

AVERAGE PRICE OF 274 NEWLY BUILT HOMES

$963,096

AVERAGE PRICE OF 345 HOMES WITH A POOL

$484,351

AVERAGE PRICE OF 181 REDUCED PRICE HOMES

Average Home

Average Price $489,829
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $315,599
2 bedrooms $442,130
3 bedrooms $393,709
4 bedrooms $572,671
5 bedrooms $858,913
New Orleans Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 3,764 3,588 3,540 3,670 3,769
Average Price $478,946 $467,410 $464,618 $460,981 $468,022
Avg Price Change +2.47% +0.60% +0.79% -1.53% -1.55%
Median Price $324,464 $317,918 $315,833 $323,044 $325,000
Med Price Change +2.06% +0.66% -2.28% -0.61% -0.83%
Avg Bedrooms 2.77 beds 2.74 beds 2.75 beds 2.77 beds 2.81 beds
Avg Bathrooms 2.18 baths 2.15 baths 2.15 baths 2.15 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Orleans Paris 50 $457,714 2 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,969 $489,829 129 days
Multi-Million Dollar Homes 362 $1,961,772 136 days
Newly Built Homes 274 $529,056 114 days
Homes with a Pool 345 $963,096 98 days
Reduced Price Homes 181 $484,351 85 days
Heritage Homes Group Keller Williams Realty
Jennifer Blanchard
3500 N Causeway Blvd Suite 350
Metairie, LA 70002
504-345-1000
504-455-0100

Hung Le
(504) 210-6697
hung.le@movement.com


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