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New Orleans Market Report

$401,268

AVERAGE PRICE OF 4,004 HOMES

$1,793,682

AVERAGE PRICE OF 241 MULTI-MILLION DOLLAR HOMES

$449,591

AVERAGE PRICE OF 897 NEWLY BUILT HOMES

$687,816

AVERAGE PRICE OF 449 HOMES WITH A POOL

$380,737

AVERAGE PRICE OF 129 REDUCED PRICE HOMES

Average Home

Average Price $401,268
Avg Bedrooms 2.7 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $297,016
2 bedrooms $403,174
3 bedrooms $359,152
4 bedrooms $462,332
5 bedrooms $755,961
New Orleans Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 3,263 3,145 3,164 3,106 3,137
Average Price $411,377 $423,265 $426,998 $430,309 $436,083
Avg Price Change -2.89% -0.88% -0.78% -1.34% -0.64%
Median Price $294,019 $299,178 $299,068 $299,000 $299,446
Med Price Change -1.75% +0.04% +0.02% -0.15% -1.82%
Avg Bedrooms 2.67 beds 2.67 beds 2.65 beds 2.68 beds 2.71 beds
Avg Bathrooms 2.12 baths 2.09 baths 2.07 baths 2.1 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 14 $474,928 35 days
Holy Cross 14 $361,742 29 days
Karr 6 $308,800 18 days
Mt Carmel 9 $429,888 24 days
Oppsb 12 $284,866 27 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,004 $401,268 31 days
Multi-Million Dollar Homes 241 $1,793,682 31 days
Newly Built Homes 897 $449,591 30 days
Homes with a Pool 449 $687,816 32 days
Reduced Price Homes 129 $380,737 31 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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