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New Orleans Market Report

$408,705

AVERAGE PRICE OF 3,412 HOMES

$1,768,574

AVERAGE PRICE OF 203 MULTI-MILLION DOLLAR HOMES

$462,930

AVERAGE PRICE OF 795 NEWLY BUILT HOMES

$703,760

AVERAGE PRICE OF 419 HOMES WITH A POOL

$418,294

AVERAGE PRICE OF 101 REDUCED PRICE HOMES

Average Home

Average Price $408,705
Avg Bedrooms 2.65 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $315,719
2 bedrooms $423,030
3 bedrooms $370,427
4 bedrooms $476,254
5 bedrooms $754,221
New Orleans Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 3,056 3,619 3,263 3,145 3,164
Average Price $409,190 $402,963 $411,377 $423,265 $426,998
Avg Price Change +1.55% -2.09% -2.89% -0.88% -0.78%
Median Price $289,508 $288,076 $294,019 $299,178 $299,068
Med Price Change +0.50% -2.06% -1.75% +0.04% +0.02%
Avg Bedrooms 2.6 beds 2.68 beds 2.67 beds 2.67 beds 2.65 beds
Avg Bathrooms 2.1 baths 2.14 baths 2.12 baths 2.09 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 15 $355,660 58 days
Holy Cross 9 $440,888 77 days
McD35/Frankln 4 $189,749 49 days
Mt Carmel 8 $352,750 65 days
Oppsb 13 $400,284 63 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,412 $408,705 64 days
Multi-Million Dollar Homes 203 $1,768,574 66 days
Newly Built Homes 795 $462,930 62 days
Homes with a Pool 419 $703,760 68 days
Reduced Price Homes 101 $418,294 63 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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