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New Orleans Market Report

$460,252

AVERAGE PRICE OF 3,152 HOMES

$1,991,090

AVERAGE PRICE OF 239 MULTI-MILLION DOLLAR HOMES

$496,509

AVERAGE PRICE OF 657 NEWLY BUILT HOMES

$864,375

AVERAGE PRICE OF 309 HOMES WITH A POOL

$493,075

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

Average Home

Average Price $460,252
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $317,998
2 bedrooms $427,908
3 bedrooms $366,037
4 bedrooms $482,990
5 bedrooms $884,186
New Orleans Home Price Trends
  2/2020 1/2020 12/2019 11/2019 10/2019
Total Listings 3,092 2,955 3,041 3,221 3,238
Average Price $460,620 $457,927 $457,041 $453,623 $444,526
Avg Price Change +0.59% +0.19% +0.75% +2.05% +2.65%
Median Price $301,189 $299,192 $299,000 $299,010 $299,000
Med Price Change +0.67% +0.06% 0.00% +0.00% +0.29%
Avg Bedrooms 2.78 beds 2.77 beds 2.77 beds 2.75 beds 2.73 beds
Avg Bathrooms 2.18 baths 2.17 baths 2.18 baths 2.17 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 14 $335,149 107 days
Holy Cross 9 $373,555 80 days
Lusher 8 $657,750 100 days
McD35/Frankln 6 $140,416 152 days
Oppsb 6 $230,604 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,152 $460,252 124 days
Multi-Million Dollar Homes 239 $1,991,090 161 days
Newly Built Homes 657 $496,509 99 days
Homes with a Pool 309 $864,375 167 days
Reduced Price Homes 39 $493,075 79 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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