New Orleans, LA 70117 Housing Market
- Active listings40currently for sale
- Pending sales17under contract
- Median asking price$257,500current listings
- Inventory age2 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)166a tracked sample, not a market total
- Median sold price$270,000last 6 months
- Middle half of sold prices$195k to $395k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 40 active listings and 17 pending sales in ZIP code 70117. That pending-to-active ratio of 0.42 points to a competitive market: a meaningful share of the inventory is already under contract.
The median asking price of current listings is $257,500, while the median of the 166 closed sales Resideline tracked over the last six months was $270,000. 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. The median active listing in 70117 has been on the market for 2 days.
Frequently asked questions
What is the median home price in 70117?
The median closed sale price in New Orleans, LA 70117 was $270,000 over the last six months, based on 166 closed sales tracked by Resideline. The middle half of those sales ranged from $195,000 to $395,000.
Is 70117 a buyer's or seller's market?
Resideline is currently tracking 17 pending sales against 40 active listings in 70117, a pending-to-active ratio of 0.42. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 70117 currently looks like a competitive market.