Data as of February 2026. Source: Realtor.com.
The Orleans Parish, LA real estate market currently shows 2,094 active listings, with 321 pending sales. Homes are averaging 93 days on the market before going under contract.
Inventory has tightened compared to last year, with 137 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 93 days on market compared to 95 days last year.
The median listing price has fallen 7.3% year-over-year, from $350,000 to $324,500.
Whether you are buying or selling in Orleans Parish, 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: 380,408 · Density: 2,171.1/mi² · Median household income: $54,885
Typical home value: $322,982 · Homeownership: 50.1%
New Orleans: 70112, 70113, 70114, 70115, 70116, 70117, 70118, 70119, 70122, 70124, 70125, 70126
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.