Audubon (University) · East Riverside · Freret · Garden District · Irish Channel · Magnolia (Central City) · Milan · Touro · Uptown · West Riverside
Data as of February 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70115) currently shows 173 active listings, with 39 pending sales. Homes are averaging 88 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 88 days on market compared to 80 days last year.
The median listing price has fallen 16.8% year-over-year, from $575,000 to $478,625.
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.
Population: 33,069 · Density: 3,319.5/mi² · Median household income: $91,672
Typical home value: $583,657 · Homeownership: 55.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70115 | New Orleans, LA 70115 | 0.0 mi | 160 | $107,318,880 | $499,000 | $670,743 |
| 70125 | New Orleans, LA 70125 | 2.0 mi | 75 | $26,734,575 | $325,000 | $356,461 |
| 70130 | New Orleans, LA 70130 | 2.2 mi | 200 | $146,926,200 | $394,450 | $734,631 |
| 70053 | Gretna, LA 70053 | 3.0 mi | 56 | $14,972,216 | $249,900 | $267,361 |
| 70116 | New Orleans, LA 70116 | 3.7 mi | 195 | $114,985,455 | $399,000 | $589,669 |
| 70058 | Harvey, LA 70058 | 4.3 mi | 96 | $25,434,144 | $243,800 | $264,939 |
| 70056 | Gretna, LA 70056 | 4.9 mi | 121 | $31,964,207 | $244,900 | $264,167 |
| 70117 | New Orleans, LA 70117 | 5.3 mi | 171 | $52,662,870 | $250,000 | $307,970 |
| 70001 | Metairie, LA 70001 | 5.7 mi | 150 | $69,129,450 | $329,900 | $460,863 |
| 70122 | New Orleans, LA 70122 | 6.3 mi | 169 | $54,340,598 | $298,504 | $321,542 |
| 70094 | Westwego, LA 70094 | 6.4 mi | 89 | $23,890,003 | $192,000 | $268,427 |
| 70032 | Arabi, LA 70032 | 6.6 mi | 63 | $20,217,078 | $319,000 | $320,906 |
| 70006 | Metairie, LA 70006 | 8.2 mi | 61 | $23,818,243 | $359,900 | $390,463 |
As of February 2026, there are 173 active listings in NEW ORLEANS, LA (zip code 70115), compared to 173 the prior year.
The median listing price in NEW ORLEANS, LA 70115 is $478,625 as of February 2026, a 16.8% decrease from $575,000 the prior year.
Homes in NEW ORLEANS, LA 70115 spend an average of 88 days on the market before going under contract, compared to 80 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NEW ORLEANS, LA 70115 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 88 days on market compared to 80 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70115 save an estimated $9,573 compared to a typical 5% commission on the median listing price of $478,625. 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.