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

New Orleans Market Report

$490,603

AVERAGE PRICE OF 2,597 HOMES

$2,060,747

AVERAGE PRICE OF 215 MULTI-MILLION DOLLAR HOMES

$508,100

AVERAGE PRICE OF 458 NEWLY BUILT HOMES

$726,733

AVERAGE PRICE OF 217 HOMES WITH A POOL

$459,657

AVERAGE PRICE OF 61 REDUCED PRICE HOMES

Average Home

Average Price $490,603
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

1 bedroom $294,599
2 bedrooms $458,357
3 bedrooms $396,020
4 bedrooms $500,604
5 bedrooms $713,895
New Orleans Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 2,776 2,772 2,883 2,956 2,985
Average Price $491,927 $494,673 $495,896 $491,172 $490,512
Avg Price Change -0.56% -0.25% +0.96% +0.13% +0.12%
Median Price $335,689 $338,741 $343,444 $344,592 $339,188
Med Price Change -0.91% -1.39% -0.33% +1.59% +1.60%
Avg Bedrooms 2.81 beds 2.81 beds 2.82 beds 2.79 beds 2.78 beds
Avg Bathrooms 2.69 baths 2.71 baths 2.47 baths 2.19 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 9 $367,655 91 days
Benjamin Fran 4 $371,975 115 days
Board 4 $490,999 48 days
Opsb 5 $320,800 117 days
Orleans 4 $381,475 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,597 $490,603 134 days
Multi-Million Dollar Homes 215 $2,060,747 166 days
Newly Built Homes 458 $508,100 101 days
Homes with a Pool 217 $726,733 109 days
Reduced Price Homes 61 $459,657 78 days
Burk Brokerage Real Estate
GiGi Burk
6260 Vicksburg Street, Suite A
New Orleans, LA 70124
504-416-2244

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