Unshakable ZIP Data 70116 | New Orleans, LA Housing Market
New Orleans · Orleans Parish · New Orleans-Metairie, LA metro · Louisiana · Data updated June 19, 2026
The median sale price in ZIP 70116, New Orleans, Louisiana is $409,878 at $312 per square foot. 62 single-family homes sold in the latest period, up 28.7 percent from a year earlier. Homes sit a median of 159 days on market with 10.2 months of supply. Sellers are getting 94.6 percent of list price and 6.7 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $307,468 | |
| Average price per sq ft | $234 | |
| Median sale price | $409,878 | |
| Median sale price per sq ft | $312 | |
| Median home size | 1,313 sq ft | |
| Median new listing price | $383,720 | +11.2% |
| National size rank | 9,726 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 62 | +28.7% |
| Median days on market | 159 days | |
| Months of supply | 10.2 months | |
| New listings | 118 | -19.9% |
| Active listings | 298 | -12.4% |
| Pending sales | 75 | +41.5% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 94.6% | -0.8 pts |
| Share sold above list | 6.7% | +2.5 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$274,971
2-bedroom
$330,919
3-bedroom
$318,826
4-bedroom
$291,221
These figures describe the single-family market for New Orleans, Louisiana ZIP 70116. They are market context, not a substitute for sold comps or a formal appraisal.