New Orleans, LA 70122 Housing Market
- Active listings79currently for sale
- Pending sales13under contract
- Median asking price$275,000current listings
- Listing age67 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)220a tracked sample, not a market total
- Median sold price$279,900last 6 months
- Middle half of sold prices$208k to $379k25th to 75th percentile
What the numbers say
As of September 14, 2026, Resideline is tracking 79 active listings and 13 pending sales in ZIP code 70122. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $275,000, while the median of the 220 closed sales Resideline tracked over the last six months was $279,900. 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 70122 for 67 days.
Frequently asked questions
What is the median home price in 70122?
The median closed sale price in New Orleans, LA 70122 was $279,900 over the last six months, based on 220 closed sales tracked by Resideline. The middle half of those sales ranged from $208,000 to $379,000.
Is 70122 a buyer's or seller's market?
Resideline is currently tracking 13 pending sales against 79 active listings in 70122, a pending-to-active ratio of 0.16. 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, 70122 currently looks like a balanced market.
Nearby ZIP code market data
- 70115 New Orleans, LA
- 70119 New Orleans, LA
- 70124 New Orleans, LA
- 70118 New Orleans, LA
- 70117 New Orleans, LA
- 70130 New Orleans, LA