Start Free
All market snapshots / 70115

New Orleans, LA 70115 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
New Orleans, LA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 8080PendingPending sales: 66
New Orleans, LA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $472k$472kSoldMedian sold price (last 6 months): $645k$645k
What homes actually sell for in New Orleans, LA
Distribution of 229 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $420k to $950k
$240k to $454k: 62 sales62sales$240k$454k to $667k: 46 sales$667k to $881k: 39 sales$667k$881k to $1.09M: 20 sales$1.09M to $1.31M: 13 sales$1.09M$1.31M to $1.52M: 19 sales$1.52M to $1.74M: 4 sales$1.52M$1.74M to $1.95M: 3 salesMedian $645k

What the numbers say

As of October 26, 2026, Resideline is tracking 80 active listings and 6 pending sales in ZIP code 70115. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $472,000, while the median of the 229 closed sales Resideline tracked over the last six months was $645,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 70115 for 86 days.

Frequently asked questions

What is the median home price in 70115?

The median closed sale price in New Orleans, LA 70115 was $645,000 over the last six months, based on 229 closed sales tracked by Resideline. The middle half of those sales ranged from $420,000 to $950,000.

Is 70115 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 80 active listings in 70115, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 70115 is currently a typical-pace market.

Nearby ZIP code market data

Run any 70115 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.