Data as of February 2026. Source: Realtor.com.
The NEW ORLEANS, LA real estate market (70121) currently shows 80 active listings, with 12 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 74 days last year.
The median listing price has risen 2.6% year-over-year, from $309,375 to $317,500.
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: 10,956 · Density: 1,290.9/mi² · Median household income: $56,378
Typical home value: $232,053 · Homeownership: 55.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 70121 | New Orleans, LA 70121 | 0.0 mi | 70 | $22,857,030 | $314,450 | $326,529 |
| 70118 | New Orleans, LA 70118 | 2.3 mi | 141 | $73,944,066 | $375,000 | $524,426 |
| 70005 | Metairie, LA 70005 | 3.1 mi | 121 | $80,850,506 | $465,000 | $668,186 |
| 70002 | Metairie, LA 70002 | 3.4 mi | 76 | $35,137,764 | $369,000 | $462,339 |
| 70003 | Metairie, LA 70003 | 4.2 mi | 164 | $56,118,996 | $300,000 | $342,189 |
| 70119 | New Orleans, LA 70119 | 4.4 mi | 137 | $55,736,532 | $324,000 | $406,836 |
| 70124 | New Orleans, LA 70124 | 4.6 mi | 160 | $106,284,480 | $559,000 | $664,278 |
| 70112 | New Orleans, LA 70112 | 4.9 mi | 50 | $31,932,050 | $382,000 | $638,641 |
| 70116 | New Orleans, LA 70116 | 5.7 mi | 195 | $114,985,455 | $399,000 | $589,669 |
| 70122 | New Orleans, LA 70122 | 6.5 mi | 169 | $54,340,598 | $298,504 | $321,542 |
| 70065 | Kenner, LA 70065 | 7.3 mi | 191 | $62,512,963 | $269,999 | $327,293 |
| 70114 | New Orleans, LA 70114 | 7.8 mi | 107 | $33,501,700 | $269,900 | $313,100 |
| 70058 | Harvey, LA 70058 | 8.3 mi | 96 | $25,434,144 | $243,800 | $264,939 |
As of February 2026, there are 80 active listings in NEW ORLEANS, LA (zip code 70121), compared to 59 the prior year.
The median listing price in NEW ORLEANS, LA 70121 is $317,500 as of February 2026, a 2.6% increase from $309,375 the prior year.
Homes in NEW ORLEANS, LA 70121 spend an average of 77 days on the market before going under contract, compared to 74 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NEW ORLEANS, LA 70121 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 74 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ORLEANS, LA 70121 save an estimated $6,350 compared to a typical 5% commission on the median listing price of $317,500. 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.