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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 HOMES

Average 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
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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