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New Orleans Market Report

$434,161

AVERAGE PRICE OF 3,453 HOMES

$1,765,640

AVERAGE PRICE OF 242 MULTI-MILLION DOLLAR HOMES

$510,351

AVERAGE PRICE OF 798 NEWLY BUILT HOMES

$769,713

AVERAGE PRICE OF 395 HOMES WITH A POOL

$484,875

AVERAGE PRICE OF 115 REDUCED PRICE HOMES

Average Home

Average Price $434,161
Avg Bedrooms 2.71 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $308,951
2 bedrooms $437,221
3 bedrooms $382,179
4 bedrooms $522,885
5 bedrooms $809,391
New Orleans Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 3,478 3,350 3,056 3,619 3,263
Average Price $421,715 $410,174 $409,190 $402,963 $411,377
Avg Price Change +2.81% +0.24% +1.55% -2.09% -2.89%
Median Price $301,951 $294,380 $289,508 $288,076 $294,019
Med Price Change +2.57% +1.68% +0.50% -2.06% -1.75%
Avg Bedrooms 2.7 beds 2.65 beds 2.6 beds 2.68 beds 2.67 beds
Avg Bathrooms 2.18 baths 2.14 baths 2.1 baths 2.14 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 14 $375,142 102 days
Holy Cross 7 $379,857 91 days
Karr 6 $265,333 82 days
Mt Carmel 5 $482,500 51 days
Oppsb 7 $481,285 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,453 $434,161 82 days
Multi-Million Dollar Homes 242 $1,765,640 85 days
Newly Built Homes 798 $510,351 77 days
Homes with a Pool 395 $769,713 89 days
Reduced Price Homes 115 $484,875 65 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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