If you need assistance, please call 504-416-2263

New Orleans Market Report

$458,647

AVERAGE PRICE OF 3,107 HOMES

$2,055,329

AVERAGE PRICE OF 234 MULTI-MILLION DOLLAR HOMES

$497,442

AVERAGE PRICE OF 637 NEWLY BUILT HOMES

$862,809

AVERAGE PRICE OF 306 HOMES WITH A POOL

$353,277

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $458,647
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $309,011
2 bedrooms $422,732
3 bedrooms $374,448
4 bedrooms $486,068
5 bedrooms $861,881
New Orleans Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 2,955 3,041 3,221 3,238 3,192
Average Price $457,927 $457,041 $453,623 $444,526 $433,057
Avg Price Change +0.19% +0.75% +2.05% +2.65% +1.40%
Median Price $299,192 $299,000 $299,010 $299,000 $298,135
Med Price Change +0.06% 0.00% +0.00% +0.29% +1.35%
Avg Bedrooms 2.77 beds 2.77 beds 2.75 beds 2.73 beds 2.74 beds
Avg Bathrooms 2.17 baths 2.18 baths 2.17 baths 2.17 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 15 $429,566 90 days
Holy Cross 6 $334,250 153 days
Jesuit 5 $358,580 129 days
McD35/Frankln 7 $159,642 121 days
Orleans 6 $229,833 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,107 $458,647 126 days
Multi-Million Dollar Homes 234 $2,055,329 149 days
Newly Built Homes 637 $497,442 100 days
Homes with a Pool 306 $862,809 164 days
Reduced Price Homes 45 $353,277 95 days
Burk Brokerage Real Estate
GiGi Burk
6260 Vicksburg Street, Suite A
New Orleans, LA 70124
504-416-2263

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