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

New Orleans Market Report

$489,239

AVERAGE PRICE OF 2,754 HOMES

$2,048,574

AVERAGE PRICE OF 227 MULTI-MILLION DOLLAR HOMES

$487,836

AVERAGE PRICE OF 500 NEWLY BUILT HOMES

$820,758

AVERAGE PRICE OF 264 HOMES WITH A POOL

$460,884

AVERAGE PRICE OF 86 REDUCED PRICE HOMES

Average Home

Average Price $489,239
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $312,336
2 bedrooms $427,564
3 bedrooms $389,364
4 bedrooms $510,161
5 bedrooms $727,804
New Orleans Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 2,914 3,037 3,082 3,112 3,135
Average Price $496,094 $503,367 $511,162 $506,136 $497,703
Avg Price Change -1.47% -1.55% +0.99% +1.69% +2.99%
Median Price $329,255 $342,716 $347,753 $339,994 $333,624
Med Price Change -4.09% -1.47% +2.28% +1.91% +2.68%
Avg Bedrooms 3.13 beds 2.86 beds 2.85 beds 2.83 beds 2.8 beds
Avg Bathrooms 2.24 baths 2.28 baths 2.28 baths 2.26 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Call Sb 5 $64,000 74 days
Edna Karr 6 $213,833 29 days
Jesuit 5 $651,780 205 days
Mt Carmel 5 $438,380 78 days
Orleans 6 $291,816 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,754 $489,239 135 days
Multi-Million Dollar Homes 227 $2,048,574 169 days
Newly Built Homes 500 $487,836 91 days
Homes with a Pool 264 $820,758 166 days
Reduced Price Homes 86 $460,884 103 days
Burk Brokerage Real Estate
GiGi Burk
6260 Vicksburg Street, Suite A
New Orleans, LA 70124
504-416-2244

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