New Orleans Market Report
$489,301
AVERAGE PRICE OF 2,390 HOMES$1,974,337
AVERAGE PRICE OF 207 MULTI-MILLION DOLLAR HOMES$499,507
AVERAGE PRICE OF 448 NEWLY BUILT HOMES$786,782
AVERAGE PRICE OF 202 HOMES WITH A POOL$445,647
AVERAGE PRICE OF 76 REDUCED PRICE HOMESAverage Home
| Average Price | $489,301 |
| Avg Bedrooms | 2.69 beds |
| Avg Bathrooms | 2.72 baths |
Average Price by Bedrooms
| 1 bedroom | $309,999 |
| 2 bedrooms | $472,728 |
| 3 bedrooms | $410,379 |
| 4 bedrooms | $526,375 |
| 5 bedrooms | $763,043 |
New Orleans Home Price Trends
| 11/2021 | 10/2021 | 9/2021 | 8/2021 | 7/2021 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 2,523 | 2,655 | 2,776 | 2,772 |
| Average Price | n/a | $487,934 | $494,004 | $491,927 | $494,673 |
| Avg Price Change | n/a | -1.24% | +0.42% | -0.56% | -0.25% |
| Median Price | n/a | $329,201 | $330,390 | $335,689 | $338,741 |
| Med Price Change | n/a | -0.36% | -1.60% | -0.91% | -1.39% |
| Avg Bedrooms | n/a | 2.78 beds | 2.81 beds | 2.81 beds | 2.81 beds |
| Avg Bathrooms | n/a | 2.71 baths | 2.71 baths | 2.69 baths | 2.71 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ben Franklin | 9 | $414,266 | 68 days |
| Benjamin Fran | 3 | $313,000 | 217 days |
| Board | 5 | $244,979 | 68 days |
| Franklin/Mc35 | 4 | $178,750 | 109 days |
| Orleans | 3 | $183,333 | 159 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,390 | $489,301 | 142 days |
| Multi-Million Dollar Homes | 207 | $1,974,337 | 169 days |
| Newly Built Homes | 448 | $499,507 | 96 days |
| Homes with a Pool | 202 | $786,782 | 120 days |
| Reduced Price Homes | 76 | $445,647 | 94 days |
