Start Free
All market snapshots / 70117

New Orleans, LA 70117 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
New Orleans, LA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.61
ActiveActive listings: 3636PendingPending sales: 2222
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): $270k$270kSoldMedian sold price (last 6 months): $269k$269k
What homes actually sell for in New Orleans, LA
Distribution of 157 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $192k to $395k
$100k to $187k: 30 sales$100k$187k to $275k: 43 sales43sales$275k to $362k: 32 sales$275k$362k to $449k: 11 sales$449k to $537k: 16 sales$449k$537k to $624k: 3 sales$624k to $712k: 1 sales$624k$712k to $799k: 5 salesMedian $269k

What the numbers say

As of August 3, 2026, Resideline is tracking 36 active listings and 22 pending sales in ZIP code 70117. That pending-to-active ratio of 0.61 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $269,750, while the median of the 157 closed sales Resideline tracked over the last six months was $269,000. 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 $269,000 over the last six months, based on 157 closed sales tracked by Resideline. The middle half of those sales ranged from $192,500 to $395,000.

Is 70117 a buyer's or seller's market?

Resideline is currently tracking 22 pending sales against 36 active listings in 70117, a pending-to-active ratio of 0.61. 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.

Nearby ZIP code market data

Run any 70117 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.