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New Orleans Market Report

$461,564

AVERAGE PRICE OF 3,123 HOMES

$2,072,550

AVERAGE PRICE OF 236 MULTI-MILLION DOLLAR HOMES

$496,407

AVERAGE PRICE OF 641 NEWLY BUILT HOMES

$862,530

AVERAGE PRICE OF 312 HOMES WITH A POOL

$440,506

AVERAGE PRICE OF 70 REDUCED PRICE HOMES

Average Home

Average Price $461,564
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $308,075
2 bedrooms $422,420
3 bedrooms $374,132
4 bedrooms $485,585
5 bedrooms $868,748
New Orleans Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 2,955 3,041 3,221 3,238 3,192
Average Price $457,927 $457,041 $453,623 $444,526 $433,057
Avg Price Change +0.19% +0.75% +2.05% +2.65% +1.40%
Median Price $299,192 $299,000 $299,010 $299,000 $298,135
Med Price Change +0.06% 0.00% +0.00% +0.29% +1.35%
Avg Bedrooms 2.77 beds 2.77 beds 2.75 beds 2.73 beds 2.74 beds
Avg Bathrooms 2.17 baths 2.18 baths 2.17 baths 2.17 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 16 $424,281 94 days
Holy Cross 6 $334,250 147 days
Jesuit 5 $358,580 123 days
McD35/Frankln 7 $159,642 115 days
Orleans 6 $229,833 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,123 $461,564 123 days
Multi-Million Dollar Homes 236 $2,072,550 144 days
Newly Built Homes 641 $496,407 96 days
Homes with a Pool 312 $862,530 160 days
Reduced Price Homes 70 $440,506 103 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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