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All market snapshots / 70117

New Orleans, LA 70117 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
New Orleans, LA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 109109PendingPending 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): $200k$200kSoldMedian sold price (last 6 months): $270k$270k
What homes actually sell for in New Orleans, LA
Distribution of 167 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $187k to $369k
$96k to $177k: 26 sales$96k$177k to $259k: 40 sales$259k to $340k: 42 sales42sales$259k$340k to $422k: 17 sales$422k to $503k: 13 sales$422k$503k to $585k: 5 sales$585k to $666k: 4 sales$585k$666k to $748k: 3 salesMedian $270k

What the numbers say

As of September 14, 2026, Resideline is tracking 109 active listings and 6 pending sales in ZIP code 70117. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $200,000, while the median of the 167 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. Resideline has been seeing the median active listing in 70117 for 106 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 167 closed sales tracked by Resideline. The middle half of those sales ranged from $186,850 to $369,000.

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

Resideline is currently tracking 6 pending sales against 109 active listings in 70117, a pending-to-active ratio of 0.06. 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 balanced market.

Nearby ZIP code market data

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