New Orleans Market Report
$481,059
AVERAGE PRICE OF 2,988 HOMES$1,885,094
AVERAGE PRICE OF 264 MULTI-MILLION DOLLAR HOMES$508,745
AVERAGE PRICE OF 562 NEWLY BUILT HOMES$1,027,559
AVERAGE PRICE OF 231 HOMES WITH A POOL$486,031
AVERAGE PRICE OF 155 REDUCED PRICE HOMESAverage Home
| Average Price | $481,059 |
| Avg Bedrooms | 2.78 beds |
| Avg Bathrooms | 2.14 baths |
Average Price by Bedrooms
| 1 bedroom | $328,745 |
| 2 bedrooms | $441,054 |
| 3 bedrooms | $402,624 |
| 4 bedrooms | $531,671 |
| 5 bedrooms | $765,333 |
New Orleans Home Price Trends
| 9/2022 | 8/2022 | 7/2022 | 6/2022 | 5/2022 | |
|---|---|---|---|---|---|
| Total Listings | 2,945 | 2,868 | 2,831 | n/a | n/a |
| Average Price | $483,314 | $487,263 | $493,392 | n/a | n/a |
| Avg Price Change | -0.82% | -1.26% | n/a | n/a | n/a |
| Median Price | $328,561 | $335,160 | $346,987 | n/a | n/a |
| Med Price Change | -2.01% | -3.53% | n/a | n/a | n/a |
| Avg Bedrooms | 2.78 beds | 2.74 beds | 2.74 beds | n/a | n/a |
| Avg Bathrooms | 2.14 baths | 2.11 baths | 2.13 baths | n/a | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ben Franklin | 10 | $519,599 | 56 days |
| Call Sb | 3 | $168,000 | 200 days |
| Call Sch Bd | 7 | $203,114 | 69 days |
| Lusher | 5 | $985,000 | 65 days |
| Orleans | 3 | $224,333 | 255 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,988 | $481,059 | 110 days |
| Multi-Million Dollar Homes | 264 | $1,885,094 | 123 days |
| Newly Built Homes | 562 | $508,745 | 80 days |
| Homes with a Pool | 231 | $1,027,559 | 97 days |
| Reduced Price Homes | 155 | $486,031 | 71 days |
