If you need assistance, please call 504-416-2244

New Orleans Market Report

$495,810

AVERAGE PRICE OF 2,896 HOMES

$1,907,100

AVERAGE PRICE OF 256 MULTI-MILLION DOLLAR HOMES

$520,110

AVERAGE PRICE OF 501 NEWLY BUILT HOMES

$794,590

AVERAGE PRICE OF 279 HOMES WITH A POOL

$536,792

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $495,810
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $320,758
2 bedrooms $454,182
3 bedrooms $410,293
4 bedrooms $517,130
5 bedrooms $781,248
New Orleans Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 2,956 2,985 2,927 n/a 2,746
Average Price $491,172 $490,512 $489,947 n/a $488,466
Avg Price Change +0.13% +0.12% n/a n/a -1.56%
Median Price $344,592 $339,188 $333,833 n/a $322,729
Med Price Change +1.59% +1.60% n/a n/a -2.02%
Avg Bedrooms 2.79 beds 2.78 beds 3.31 beds n/a 3.46 beds
Avg Bathrooms 2.19 baths 2.19 baths 2.21 baths n/a 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 6 $479,233 111 days
Edna Karr 5 $194,300 14 days
Jesuit 4 $464,975 197 days
Oppsb 9 $503,866 70 days
Warren Easton 4 $303,475 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,896 $495,810 116 days
Multi-Million Dollar Homes 256 $1,907,100 145 days
Newly Built Homes 501 $520,110 90 days
Homes with a Pool 279 $794,590 122 days
Reduced Price Homes 88 $536,792 61 days
Burk Brokerage Real Estate
GiGi Burk
6260 Vicksburg Street, Suite A
New Orleans, LA 70124
504-416-2244

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