If you need assistance, please call 504-237-3359

New Orleans Market Report

$456,984

AVERAGE PRICE OF 3,249 HOMES

$1,997,850

AVERAGE PRICE OF 251 MULTI-MILLION DOLLAR HOMES

$511,178

AVERAGE PRICE OF 772 NEWLY BUILT HOMES

$899,407

AVERAGE PRICE OF 348 HOMES WITH A POOL

$397,659

AVERAGE PRICE OF 112 REDUCED PRICE HOMES

Average Home

Average Price $456,984
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $319,388
2 bedrooms $452,807
3 bedrooms $371,183
4 bedrooms $496,973
5 bedrooms $795,592
New Orleans Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 3,238 3,192 3,188 3,289 3,372
Average Price $444,526 $433,057 $427,078 $426,078 $429,498
Avg Price Change +2.65% +1.40% +0.23% -0.80% -0.83%
Median Price $299,000 $298,135 $294,163 $295,000 $299,392
Med Price Change +0.29% +1.35% -0.28% -1.49% -1.58%
Avg Bedrooms 2.73 beds 2.74 beds 2.73 beds 2.71 beds 2.71 beds
Avg Bathrooms 2.17 baths 2.18 baths 2.17 baths 2.17 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 12 $434,641 136 days
Edna Karr 6 $185,983 111 days
Holy Cross 9 $335,400 58 days
McD35/Frankln 6 $168,166 92 days
Oppsb 6 $409,483 132 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,249 $456,984 109 days
Multi-Million Dollar Homes 251 $1,997,850 118 days
Newly Built Homes 772 $511,178 90 days
Homes with a Pool 348 $899,407 133 days
Reduced Price Homes 112 $397,659 79 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

Copyright 2019 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. “Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.