Call or Text (240) SELL-123
Bonita Park (Plum Orchard) Desire Area Desire Project Gentilly Woods Lake Forest East Pine Village Pines (Lake Kenilworth) Pontchartrain Park Venetian Isles (Viavant) West Lake

NEW ORLEANS, LA 70126

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 70126

Bonita Park (Plum Orchard) · Desire Area · Desire Project · Gentilly Woods · Lake Forest East · Pine Village · Pines (Lake Kenilworth) · Pontchartrain Park · Venetian Isles (Viavant) · West Lake

Market Analysis

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

The NEW ORLEANS, LA real estate market (70126) currently shows 107 active listings, with 17 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 95 days on market compared to 103 days last year.

The median listing price has fallen 8.4% year-over-year, from $195,950 to $179,475.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for NEW ORLEANS, LA 70126 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 30,154  ·  Density: 964.1/mi²  ·  Median household income: $34,621

Typical home value: $181,792  ·  Homeownership: 47.1%

Market Overview

Active Listings
107
⇩ 1.8% vs 109 last year
Pending
17
16% pending ratio
Median Price
$179,475
⇩ 8.4% vs $195,950 last year
Average Price
$186,719
⇩ 5.4% vs $197,365 last year
Days on Market
95
⇩ 7.8% vs 103 days last year

Price Per Square Foot

Median $/sqft
$112
⇩ 1.8% vs $114/sqft last year
Median Home Size
1,595 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 107 this year vs 109 last year
  • Days on market: 95 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $179,475 (-8.4% YoY)
  • Average: $186,719 (-5.4% 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 9.4 miles — 1,086 listings ($486,212,319 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70126New Orleans, LA 701260.0 mi107$20,619,542$180,000$192,706
70122New Orleans, LA 701222.9 mi169$54,340,598$298,504$321,542
70128New Orleans, LA 701284.3 mi56$12,977,888$209,950$231,748
70032Arabi, LA 700324.9 mi63$20,217,078$319,000$320,906
70124New Orleans, LA 701245.2 mi160$106,284,480$559,000$664,278
70112New Orleans, LA 701125.7 mi50$31,932,050$382,000$638,641
70174New Orleans, LA 701746.4 mi2$669,800$334,900$334,900
70113New Orleans, LA 701136.7 mi48$19,104,432$290,000$398,009
70005Metairie, LA 700057.1 mi121$80,850,506$465,000$668,186
70118New Orleans, LA 701188.3 mi141$73,944,066$375,000$524,426
70075Meraux, LA 700758.4 mi23$7,277,085$267,450$316,395
70002Metairie, LA 700028.7 mi76$35,137,764$369,000$462,339
70121New Orleans, LA 701219.4 mi70$22,857,030$314,450$326,529

Frequently Asked Questions

How many homes are for sale in NEW ORLEANS, LA 70126?

As of February 2026, there are 107 active listings in NEW ORLEANS, LA (zip code 70126), compared to 109 the prior year.

What is the median home price in NEW ORLEANS, LA 70126?

The median listing price in NEW ORLEANS, LA 70126 is $179,475 as of February 2026, a 8.4% decrease from $195,950 the prior year.

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

Homes in NEW ORLEANS, LA 70126 spend an average of 95 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in NEW ORLEANS, LA 70126?

Based on current inventory and days-on-market data as of February 2026, NEW ORLEANS, LA 70126 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 95 days on market compared to 103 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 70126 save an estimated $3,590 compared to a typical 5% commission on the median listing price of $179,475. 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.