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New Orleans Market Trends

Today, November 23, 2009

Median Sales Price in New Orleans

Embed Info
1 yr 5 yr Max
New Orleans median sales prices
Number of sold homes in New Orleans
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$155,000+40.0%$164,500$110,692$158,000
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New Orleans Summary

The median sales price for homes in New Orleans LA for Aug 09 to Oct 09 was $155,000. This represents a decline of 5.8%, or $9,500, compared to the prior quarter and an increase of 40% compared to the prior year. Sales prices have depreciated 1.9% over the last 5 years in New Orleans.

The average listing price for New Orleans homes for sale on Trulia was $332,752 for the week ending Nov 18, which represents an increase of 1.2%, or $3,909, compared to the prior week and an increase of 1.4%, or $4,543, compared to the week ending Oct 28. Popular neighborhoods in New Orleans include French Quarter, Garden District, Audubon, Uptown, Irish Channel, and Lower Garden District.

 

Average Listing Price in New Orleans

Embed Info
1 yr 5 yr Max
New Orleans average property price
New Orleans – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$197,066+0.8%$195,509$192,050$194,637
2 bedrooms$297,411+3.0%$288,860$289,383$280,877
3 bedrooms$235,495+3.5%$227,608$231,053$232,285
4 bedrooms$371,370-1.3%$376,440$376,799$381,734
All properties$332,752+1.2%$328,843$329,589$328,209
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Popular Neighborhoods in New Orleans

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
French Quarter 1 — 1 1
Garden District 2 — 2 2
Audubon 3 — 3 3
Uptown 4 — 4 5
Irish Channel 5 — 5 6
Lower Garden District 6 — 6 4
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Homes for Sale in New Orleans

701 Joseph Street #3, New Orleans LA
701 Joseph…
$331,900
2 br  2 ba
11300 Notaway Lane, New Orleans LA
11300 Nota…
$369,900
4 br  3 ½ ba
40 Versailles Boulevard, New Orleans LA
40 Versail…
$725,000
4 br  2 ½ ba
7701 Saint Charles Avenue, New Orleans LA
7701 Saint…
$549,000
3 br  3 ba
1009 Bellecastle Street, New Orleans LA
1009 Belle…
$250,000
4 br  4 ba
694 Central Avenue, New Orleans LA
694 Central…
$128,500
3 br  1 ba
View all New Orleans Homes for Sale
 
Stats & Trends
New Orleans

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

French Quarter

Garden District

View more neighborhoods or ZIPs
  • Algiers Point
  • Audubon
  • B. W. Cooper
  • Bayou St. John
  • Behrman
  • Black Pearl
  • Broadmoor
  • Bywater
  • Central Business District
  • Central City
  • City Park
  • Desire Area
  • Desire Development Neighborhood
  • Dillards
  • Dixon
  • East Carrollton
  • East Riverside
  • Fairgrounds
  • Fillmore
  • Fischer Development Neighborhood
  • Florida Area
  • Florida Development Neighborhood
  • French Quarter
  • Freret
  • Garden District
  • Gentilly Terrace
  • Gentilly Woods
  • Gert Town
  • Holly Grove
  • Holy Cross
  • Iberville
  • Irish Channel
  • Lake Catherine
  • Lake Shore - Lake Vista
  • Lake Terrace - Oaks
  • Lakeview
  • Lakewood
  • Leonidas
  • Little Woods
  • Lower Garden District
  • Lower Ninth Ward
  • Marigny
  • Marleyville - Fontainbleau
  • McDonough
  • Mid-City
  • Milan
  • Milneburg
  • Navarre
  • New Aurora - English Turn
  • Old Aurora
  • Pines Village
  • Plum Orchard
  • Ponchartrain Park
  • Read Boulevard East
  • Read Boulevard West
  • Seventh Ward
  • St. Anthony
  • St. Bernard Area
  • St. Claude
  • St. Roch
  • St. Thomas Development Neighborhood
  • Tall Timbers - Brechtel
  • Touro
  • Treme - Lafitte
  • Tulane - Gravier
  • U. S. Naval Base
  • Uptown
  • Viavant - Venetian Isles
  • Village De L'Est
  • West End
  • West Lake Forest
  • West Riverside
  • Whitney
close [x]
  • 70112
  • 70113
  • 70114
  • 70115
  • 70116
  • 70117
  • 70118
  • 70119
  • 70121
  • 70122
  • 70123
  • 70124
  • 70125
  • 70126
  • 70127
  • 70128
  • 70129
  • 70130
  • 70131
  • 70139
  • 70140
  • 70141
  • 70142
  • 70143
  • 70145
  • 70146
  • 70148
  • 70149
  • 70150
  • 70151
  • 70152
  • 70153
  • 70154
  • 70156
  • 70157
  • 70158
  • 70159
  • 70160
  • 70161
  • 70162
  • 70163
  • 70164
  • 70165
  • 70166
  • 70167
  • 70170
  • 70172
  • 70174
  • 70175
  • 70176
  • 70177
  • 70178
  • 70179
  • 70181
  • 70182
  • 70183
  • 70184
  • 70185
  • 70186
  • 70187
  • 70189
  • 70190
  • 70195
close [x]

Nearby Cities

Cities
Median
sales price
Average
listing price
Gretna
$142,500
$175,789
Jefferson
$148,224
$191,061
Terrytown
$146,500
$144,605
Harvey
$158,500
$167,816
Metairie
$185,000
$268,994
Marrero
$136,750
$186,474
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Advice

Recent Q&A in New Orleans, LA

Q: Regarding B of A's loan modification plan referred to in your 9/4/09 blog: Do you have to be delinquent on your mortgage payments to qualify? 1 answer
Q: I will be working at a plantg in Belle Chase. I no nothing about New Orleans. We are in our 50's with 7 answers
Q: Looking to purchase a condo in New Orleans as a second home/retirement spot to be used mostly in the winter months. Suggestions? 7 answers
Q: I have a house in the new Orleans East, the house is 99% completed and ready to move in, I am trying to see is there is interest in buying the house, Be the first to answer
Q: I'm currently living on St. Croix and looking for the next location. My parents are from the Gulf Coast and 5 answers

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More Advice:
  • Recent Q&A in New Orleans, LA
  • Recent blog posts in New Orleans, LA
  • Find a real estate professional New Orleans, LA

Nearby Cities Real Estate

  • Gretna Real Estate
  • Jefferson Real Estate
  • Arabi Real Estate
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  • Harvey Real Estate
  • Metairie Real Estate

Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Gretna Home Prices
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New Orleans Stats & Trends

  • New Orleans Real Estate Overview
  • New Orleans Schools
  • New Orleans Community Info
  • New Orleans Home Prices
  • New Orleans Real Estate
  • New Orleans Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the New Orleans real estate market. Find New Orleans properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on New Orleans average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and New Orleans housing statistics are available for each New Orleans, LA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.