Photo: George Bannister · CC BY 2.03,648 homes sold in New Orleans in the last year, at a typical $333K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Orleans homes are listed.
Every place New Orleans homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Orleans.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
12% of New Orleans’ sales are condos, at $36K less than a house
2304 houses and 420 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 2304 sold in the year to May 2026
- Per square foot
- $197LA $144
- Days to sell
- 74
- Sold over asking
- 13%
- Listings with a price cut
- 32%
typical sale · 420 sold in the year to May 2026
- Per square foot
- $351LA $271
- Days to sell
- 117
- Sold over asking
- 5%
- Listings with a price cut
- 19%
Multi-family (2–4 units): 814 sold, typical $319K
Townhouses: 45 sold, typical $314K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.3 times the 2016 price
3,648 sales in the last year, against 6,013 in 2021 and a low of 3,502 in 2025. The typical sale went from $247K in 2016 to $333K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $350K buys in New Orleans
Check a listing against what New Orleans homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Orleans are back to pre-pandemic levels, with about as many homes for sale
We read every month of New Orleans’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 3,648 sales.
If you’re buying in New Orleans
- Shop in October. It brings about 510 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Offer under asking. Buyers paid 95.7% of the list price on average; 11% paid over.
- You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 75 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 604 a month), but May is the most competitive: 18% of May sales close over asking. September and October offer nearly as much choice with fewer homes bid up (15%). January has the least competition (12%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Louisiana as a whole
| New Orleans now | 2017–19 | 2021 peak | LA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 13% | 23% | 11% |
| Gone within two weeksShare of homes under contract within 14 days | 22% | 14% | 22% | 23% |
| Price paid vs. askingAverage sale price ÷ list price | 95.7% | 95.8% | 97.5% | 96.9% |
| Days to sellMedian days from listing to contract | 75 | 91 | 42 | 67 |
2226 homes for sale on a typical day
That’s 1.5 times the 2021 low (1444) and 13% more than in 2017–19.
Since 2019, houses are up 23%, condos 10%
A house typically sold for $351K in the year to May 2026 (2304 sales), a condo for $315K (420).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
New Orleans ranks 38th of 77 busy Louisiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New Orleans is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New Orleans home costs about $1,966 a month
Price: New Orleans’ typical sale, last 12 months. Property tax at New Orleans’ 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Orleans is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 316.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $333K home, about $2,750 a year.
Taxes vs. neighborsSchools
The schools grade for New Orleans, from test results, graduation and how much students grow.
Schools in New OrleansTypical commute
The average one-way trip to work for people who live in New Orleans.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Chalmette, Arabi, Meraux, Violet, Terrytown and Gretna sell for less a square foot
The busier markets within 25 miles of New Orleans, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New Orleans | 3,648 | $333K | $193 | 11% | 75 |
| Chalmette | 192 | $232K | $144 | 13% | 68 |
| Terrytown | 172 | $222K | $131 | 6% | 68 |
| Gretna | 108 | $253K | $148 | 6% | 57 |
| Arabi | 64 | $290K | $162 | 9% | 168 |
| Meraux | 51 | $251K | $146 | 25% | 93 |
| Violet | 33 | $183K | $114 | 10% | 88 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Orleans, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Orleans. People who follow the town see it, and so do people comparing New Orleans with their own town. No commission, no listing fee.
Questions about buying a home in New Orleans
What do homes sell for in New Orleans, LA?
3,648 homes sold in the year to September 2026 at a typical $333K, $193 a square foot. Houses sold for about $351K, condos for about $315K in the year to May 2026.
Is New Orleans a buyer’s or seller’s market?
A buyer’s market: 2148 homes were for sale in September 2026 and 302 sold, about 7.1 months of supply. Buyers paid 95.7% of asking on average.
When is the best time to buy in New Orleans?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New Orleans?
About 0.8% of a home’s value a year. On a $333K home that’s near $2,750.
Where can I see homes for sale in New Orleans?
Zillow, Redfin, Realtor.com and Homes.com all carry New Orleans’ MLS listings; the search links above open each one filtered to New Orleans.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).