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All market snapshots / 70117

New Orleans, LA 70117 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: 0.09
ActiveActive listings: 109109PendingPending sales: 1010
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): $250k$250kSoldMedian sold price (last 6 months): $265k$265k
What homes actually sell for in New Orleans, LA
Distribution of 156 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $175k to $350k
$75k to $155k: 28 sales$75k$155k to $235k: 33 sales33sales$235k to $315k: 32 sales$235k$315k to $395k: 28 sales$395k to $475k: 7 sales$395k$475k to $555k: 9 sales$555k to $635k: 3 sales$555k$635k to $715k: 2 salesMedian $265k

What the numbers say

As of October 26, 2026, Resideline is tracking 109 active listings and 10 pending sales in ZIP code 70117. That pending-to-active ratio of 0.09 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 $249,900, while the median of the 156 closed sales Resideline tracked over the last six months was $265,000. 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 70117 for 103 days.

Frequently asked questions

What is the median home price in 70117?

The median closed sale price in New Orleans, LA 70117 was $265,000 over the last six months, based on 156 closed sales tracked by Resideline. The middle half of those sales ranged from $175,000 to $350,000.

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

Resideline is currently tracking 10 pending sales against 109 active listings in 70117, a pending-to-active ratio of 0.09. 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, 70117 is currently a typical-pace market.

Nearby ZIP code market data

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