New Orleans, LA 70122 Housing Market
- Active listings81currently for sale
- Pending sales10under contract
- Median asking price$324,500current listings
- Listing age100 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)205a tracked sample, not a market total
- Median sold price$279,000last 6 months
- Middle half of sold prices$200k to $375k25th to 75th percentile
What the numbers say
As of October 26, 2026, Resideline is tracking 81 active listings and 10 pending sales in ZIP code 70122. That pending-to-active ratio of 0.12 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 $324,500, while the median of the 205 closed sales Resideline tracked over the last six months was $279,000. 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 70122 for 100 days.
Frequently asked questions
What is the median home price in 70122?
The median closed sale price in New Orleans, LA 70122 was $279,000 over the last six months, based on 205 closed sales tracked by Resideline. The middle half of those sales ranged from $200,000 to $375,000.
Is 70122 a buyer's or seller's market?
Resideline is currently tracking 10 pending sales against 81 active listings in 70122, a pending-to-active ratio of 0.12. 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, 70122 is currently a typical-pace market.
Nearby ZIP code market data
- 70115 New Orleans, LA
- 70118 New Orleans, LA
- 70124 New Orleans, LA
- 70119 New Orleans, LA
- 70130 New Orleans, LA
- 70117 New Orleans, LA
- 70433 Covington, LA
- 70435 Covington, LA
- 70461 Slidell, LA
- 70471 Mandeville, LA
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