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New Orleans Market Report

$489,189

AVERAGE PRICE OF 2,449 HOMES

$1,951,615

AVERAGE PRICE OF 216 MULTI-MILLION DOLLAR HOMES

$499,381

AVERAGE PRICE OF 460 NEWLY BUILT HOMES

$792,882

AVERAGE PRICE OF 212 HOMES WITH A POOL

$584,838

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $489,189
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

1 bedroom $308,589
2 bedrooms $470,017
3 bedrooms $411,211
4 bedrooms $523,770
5 bedrooms $737,493
New Orleans Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 2,523 2,655 2,776 2,772 2,883
Average Price $487,934 $494,004 $491,927 $494,673 $495,896
Avg Price Change -1.24% +0.42% -0.56% -0.25% +0.96%
Median Price $329,201 $330,390 $335,689 $338,741 $343,444
Med Price Change -0.36% -1.60% -0.91% -1.39% -0.33%
Avg Bedrooms 2.78 beds 2.81 beds 2.81 beds 2.81 beds 2.82 beds
Avg Bathrooms 2.71 baths 2.71 baths 2.69 baths 2.71 baths 2.47 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 10 $408,540 67 days
Benjamin Fran 5 $316,580 160 days
Board 5 $244,979 59 days
Franklin/Mc35 4 $178,750 100 days
Opsb 3 $346,333 197 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,449 $489,189 141 days
Multi-Million Dollar Homes 216 $1,951,615 162 days
Newly Built Homes 460 $499,381 97 days
Homes with a Pool 212 $792,882 117 days
Reduced Price Homes 34 $584,838 59 days
Iko Properties
Owen Farris
1417 Constance St
New Orleans, LA 70130
504-812-1766

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