New Orleans, LA 70124 Housing Market
- Active listings56currently for sale
- Pending sales7under contract
- Median asking price$462,500current listings
- Listing age77 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)214a tracked sample, not a market total
- Median sold price$530,000last 6 months
- Middle half of sold prices$388k to $775k25th to 75th percentile
What the numbers say
As of September 14, 2026, Resideline is tracking 56 active listings and 7 pending sales in ZIP code 70124. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $462,500, while the median of the 214 closed sales Resideline tracked over the last six months was $530,000. 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 70124 for 77 days.
Frequently asked questions
What is the median home price in 70124?
The median closed sale price in New Orleans, LA 70124 was $530,000 over the last six months, based on 214 closed sales tracked by Resideline. The middle half of those sales ranged from $388,000 to $775,000.
Is 70124 a buyer's or seller's market?
Resideline is currently tracking 7 pending sales against 56 active listings in 70124, a pending-to-active ratio of 0.12. 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, 70124 currently looks like a balanced market.
Nearby ZIP code market data
- 70115 New Orleans, LA
- 70122 New Orleans, LA
- 70119 New Orleans, LA
- 70118 New Orleans, LA
- 70117 New Orleans, LA
- 70130 New Orleans, LA