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New Orleans Market Report

$508,121

AVERAGE PRICE OF 3,115 HOMES

$1,976,278

AVERAGE PRICE OF 283 MULTI-MILLION DOLLAR HOMES

$509,070

AVERAGE PRICE OF 667 NEWLY BUILT HOMES

$864,151

AVERAGE PRICE OF 350 HOMES WITH A POOL

$569,699

AVERAGE PRICE OF 136 REDUCED PRICE HOMES

Average Home

Average Price $508,121
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $315,414
2 bedrooms $433,621
3 bedrooms $433,700
4 bedrooms $516,678
5 bedrooms $807,047
New Orleans Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 3,135 3,185 3,239 3,126 3,077
Average Price $497,703 $483,276 $469,928 $465,555 $462,693
Avg Price Change +2.99% +2.84% +0.94% +0.62% +0.21%
Median Price $333,624 $324,928 $324,055 $317,342 $310,267
Med Price Change +2.68% +0.27% +2.12% +2.28% +0.82%
Avg Bedrooms 2.8 beds 2.8 beds 2.8 beds 2.76 beds 2.74 beds
Avg Bathrooms 2.24 baths 2.23 baths 2.23 baths 2.19 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 5 $435,880 77 days
Lusher 4 $362,250 239 days
McD35/Frankln 4 $112,500 245 days
Oppsb 9 $408,477 73 days
Opsb.Us 5 $295,200 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,115 $508,121 132 days
Multi-Million Dollar Homes 283 $1,976,278 173 days
Newly Built Homes 667 $509,070 100 days
Homes with a Pool 350 $864,151 155 days
Reduced Price Homes 136 $569,699 85 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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