New Orleans, LA 70117 Housing Market
- Active listings32currently for sale
- Pending sales27under contract
- Median asking price$287,500current listings
- Inventory age1 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)162a tracked sample, not a market total
- Median sold price$270,000last 6 months
- Middle half of sold prices$185k to $385k25th to 75th percentile
What the numbers say
As of August 26, 2026, Resideline is tracking 32 active listings and 27 pending sales in ZIP code 70117. That pending-to-active ratio of 0.84 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $287,500, while the median of the 162 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 1 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 162 closed sales tracked by Resideline. The middle half of those sales ranged from $185,000 to $385,000.
Is 70117 a buyer's or seller's market?
Resideline is currently tracking 27 pending sales against 32 active listings in 70117, a pending-to-active ratio of 0.84. 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 seller's market.