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New Orleans Market Report

$489,189

AVERAGE PRICE OF 2,590 HOMES

$2,062,760

AVERAGE PRICE OF 210 MULTI-MILLION DOLLAR HOMES

$498,935

AVERAGE PRICE OF 455 NEWLY BUILT HOMES

$721,934

AVERAGE PRICE OF 210 HOMES WITH A POOL

$400,169

AVERAGE PRICE OF 79 REDUCED PRICE HOMES

Average Home

Average Price $489,189
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.71 baths

Average Price by Bedrooms

1 bedroom $295,447
2 bedrooms $461,827
3 bedrooms $399,994
4 bedrooms $500,785
5 bedrooms $667,340
New Orleans Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 2,776 2,772 2,883 2,956 2,985
Average Price $491,927 $494,673 $495,896 $491,172 $490,512
Avg Price Change -0.56% -0.25% +0.96% +0.13% +0.12%
Median Price $335,689 $338,741 $343,444 $344,592 $339,188
Med Price Change -0.91% -1.39% -0.33% +1.59% +1.60%
Avg Bedrooms 2.81 beds 2.81 beds 2.82 beds 2.79 beds 2.78 beds
Avg Bathrooms 2.69 baths 2.71 baths 2.47 baths 2.19 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 9 $367,655 98 days
Benjamin Fran 5 $321,580 98 days
Board 4 $490,999 55 days
Opsb 5 $311,600 124 days
Orleans 4 $381,475 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,590 $489,189 135 days
Multi-Million Dollar Homes 210 $2,062,760 165 days
Newly Built Homes 455 $498,935 98 days
Homes with a Pool 210 $721,934 108 days
Reduced Price Homes 79 $400,169 79 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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