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New Orleans Market Report

$485,268

AVERAGE PRICE OF 2,891 HOMES

$1,881,181

AVERAGE PRICE OF 261 MULTI-MILLION DOLLAR HOMES

$511,644

AVERAGE PRICE OF 512 NEWLY BUILT HOMES

$951,121

AVERAGE PRICE OF 226 HOMES WITH A POOL

$476,917

AVERAGE PRICE OF 172 REDUCED PRICE HOMES

Average Home

Average Price $485,268
Avg Bedrooms 2.74 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $348,076
2 bedrooms $427,606
3 bedrooms $402,542
4 bedrooms $527,447
5 bedrooms $875,765
New Orleans Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 2,831 n/a n/a n/a 2,346
Average Price $493,392 n/a n/a n/a $481,296
Avg Price Change n/a n/a n/a n/a +0.45%
Median Price $346,987 n/a n/a n/a $332,523
Med Price Change n/a n/a n/a n/a +0.24%
Avg Bedrooms 2.74 beds n/a n/a n/a 2.79 beds
Avg Bathrooms 2.13 baths n/a n/a n/a 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 8 $519,625 51 days
Call Sch Bd 7 $240,114 51 days
Newman 3 $2,274,667 146 days
Orleans 3 $226,333 207 days
Orleans Psb 3 $1,006,667 124 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,891 $485,268 105 days
Multi-Million Dollar Homes 261 $1,881,181 119 days
Newly Built Homes 512 $511,644 77 days
Homes with a Pool 226 $951,121 96 days
Reduced Price Homes 172 $476,917 63 days
Second Line Realty LLC
Garret Frank
117 Focis St, STE 208
Metairie, LA 70005
504-615-7599

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