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New Orleans, LA Market Report

April 2026Updated from 194 active listings

$339,900

Median Price

194

Active Listings

$243

Avg $/sqft

18

Avg Days on Market

Price Distribution

Under $500K
145
75%
$500K–$1M
38
20%
$1M–$2.5M
5%
$5M+
1%

Property Types

Single Family (94 · 48%)Multi-Family (45 · 23%)Condo (29 · 15%)Land (24 · 12%)Townhouse (2 · 1%)

Average Home Profile

3

Bedrooms

3

Bathrooms

2,087

Square Feet

Year Built

April 2026 Market Summary

The New Orleans real estate market in Louisiana currently has 194 active listings with a median asking price of $339,900. Prices range from $9,000 to $5,900,000, with an average of $433,646. Buyers can expect to pay around $243 per square foot.

Single Family homes dominate the market at 48% of inventory, followed by Multi-Family at 23%. The typical listing offers 3 bedrooms and 3 bathrooms in 2,087 square feet. Homes spend an average of 18 days on market before going under contract.

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More Market Reports in New Orleans / Baton Rouge