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Algiers Point Behrman Brechtel (Tall Timbers) Fischer Project McDonogh U.S. Naval Base Whitney

NEW ORLEANS, LA 70114

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 70114

Algiers Point · Behrman · Brechtel (Tall Timbers) · Fischer Project · McDonogh · U.S. Naval Base · Whitney

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NEW ORLEANS, LA real estate market (70114) currently shows 117 active listings, with 17 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are selling faster, averaging 77 days on market compared to 86 days last year.

The median listing price has fallen 6.8% year-over-year, from $281,225 to $262,000.

Whether you are buying or selling in NEW ORLEANS, 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.

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Market Context

Market Context

Population: 22,010  ·  Density: 1,681.6/mi²  ·  Median household income: $40,175

Typical home value: $183,507  ·  Homeownership: 42.9%

Market Overview

Active Listings
117
⇧ 25.8% vs 93 last year
Pending
17
15% pending ratio
Median Price
$262,000
⇩ 6.8% vs $281,225 last year
Average Price
$305,631
⇩ 2.4% vs $313,110 last year
Days on Market
77
⇩ 10.5% vs 86 days last year

Price Per Square Foot

Median $/sqft
$161
⇩ 2.4% vs $165/sqft last year
Median Home Size
1,705 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 117 this year vs 93 last year
  • Days on market: 77 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $262,000 (-6.8% YoY)
  • Average: $305,631 (-2.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.5 miles — 1,469 listings ($704,408,253 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70114New Orleans, LA 701140.0 mi107$33,501,700$269,900$313,100
70053Gretna, LA 700532.0 mi56$14,972,216$249,900$267,361
70130New Orleans, LA 701302.2 mi200$146,926,200$394,450$734,631
70116New Orleans, LA 701162.8 mi195$114,985,455$399,000$589,669
70113New Orleans, LA 701133.1 mi48$19,104,432$290,000$398,009
70119New Orleans, LA 701194.2 mi137$55,736,532$324,000$406,836
70115New Orleans, LA 701154.3 mi160$107,318,880$499,000$670,743
70131New Orleans, LA 701314.7 mi121$43,435,007$264,000$358,967
70122New Orleans, LA 701225.3 mi169$54,340,598$298,504$321,542
70126New Orleans, LA 701265.8 mi107$20,619,542$180,000$192,706
70075Meraux, LA 700756.7 mi23$7,277,085$267,450$316,395
70005Metairie, LA 700057.5 mi121$80,850,506$465,000$668,186
70092Violet, LA 700928.5 mi25$5,340,100$207,500$213,604

Frequently Asked Questions

How many homes are for sale in NEW ORLEANS, LA 70114?

As of February 2026, there are 117 active listings in NEW ORLEANS, LA (zip code 70114), compared to 93 the prior year.

What is the median home price in NEW ORLEANS, LA 70114?

The median listing price in NEW ORLEANS, LA 70114 is $262,000 as of February 2026, a 6.8% decrease from $281,225 the prior year.

How long do homes stay on the market in NEW ORLEANS, LA?

Homes in NEW ORLEANS, LA 70114 spend an average of 77 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in NEW ORLEANS, LA 70114?

Based on current inventory and days-on-market data as of February 2026, NEW ORLEANS, LA 70114 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 77 days on market compared to 86 days last year.

How much can I save on real estate commission in NEW ORLEANS, LA?

With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70114 save an estimated $5,240 compared to a typical 5% commission on the median listing price of $262,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.