The Unshakable Investor

Unshakable ZIP Data 70131 | 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 70131, New Orleans, Louisiana is $267,671 at $135 per square foot. 49 single-family homes sold in the latest period, down 10.2 percent from a year earlier. Homes sit a median of 46 days on market with 7.2 months of supply. Sellers are getting 97.3 percent of list price and 8.3 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$216,441
Average price per sq ft$109
Median sale price$267,671
Median sale price per sq ft$135
Median home size1,987 sq ft
Median new listing price$267,712-2.6%
National size rank4,020

Sales activity

MetricValueYear over year
Homes sold49-10.2%
Median days on market46 days
Months of supply7.2 months
New listings92+0.4%
Active listings192+7.5%
Pending sales82-1.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio97.3%+0.1 pts
Share sold above list8.3%-6.2 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$116,996
3-bedroom
$178,947
4-bedroom
$259,297
5-bedroom
$319,901

These figures describe the single-family market for New Orleans, Louisiana ZIP 70131. They are market context, not a substitute for sold comps or a formal appraisal.