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All market snapshots / 70119

New Orleans, LA 70119 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
New Orleans, LA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.76
ActiveActive listings: 3333PendingPending sales: 2525
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): $460k$460kSoldMedian sold price (last 6 months): $365k$365k
What homes actually sell for in New Orleans, LA
Distribution of 218 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $270k to $515k
$140k to $241k: 33 sales$140k$241k to $342k: 57 sales57sales$342k to $444k: 35 sales$342k$444k to $545k: 37 sales$545k to $646k: 11 sales$545k$646k to $747k: 14 sales$747k to $849k: 6 sales$747k$849k to $950k: 4 salesMedian $365k

What the numbers say

As of July 18, 2026, Resideline is tracking 33 active listings and 25 pending sales in ZIP code 70119. That pending-to-active ratio of 0.76 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $459,999, while the median of the 218 closed sales Resideline tracked over the last six months was $365,000. 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 70119 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 70119?

The median closed sale price in New Orleans, LA 70119 was $365,000 over the last six months, based on 218 closed sales tracked by Resideline. The middle half of those sales ranged from $270,000 to $515,000.

Is 70119 a buyer's or seller's market?

Resideline is currently tracking 25 pending sales against 33 active listings in 70119, a pending-to-active ratio of 0.76. 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, 70119 currently looks like a seller's market.

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