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New Orleans Market Report

$482,548

AVERAGE PRICE OF 2,973 HOMES

$1,873,130

AVERAGE PRICE OF 268 MULTI-MILLION DOLLAR HOMES

$506,164

AVERAGE PRICE OF 547 NEWLY BUILT HOMES

$1,005,110

AVERAGE PRICE OF 220 HOMES WITH A POOL

$473,696

AVERAGE PRICE OF 177 REDUCED PRICE HOMES

Average Home

Average Price $482,548
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $334,427
2 bedrooms $448,468
3 bedrooms $397,602
4 bedrooms $526,827
5 bedrooms $785,248
New Orleans Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 2,868 2,831 n/a n/a n/a
Average Price $487,263 $493,392 n/a n/a n/a
Avg Price Change -1.26% n/a n/a n/a n/a
Median Price $335,160 $346,987 n/a n/a n/a
Med Price Change -3.53% n/a n/a n/a n/a
Avg Bedrooms 2.74 beds 2.74 beds n/a n/a n/a
Avg Bathrooms 2.11 baths 2.13 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ben Franklin 8 $511,375 59 days
Call Sch Bd 6 $203,633 70 days
Franklin/35 3 $187,666 121 days
Lusher 5 $985,600 55 days
Orleans 3 $224,333 245 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,973 $482,548 111 days
Multi-Million Dollar Homes 268 $1,873,130 126 days
Newly Built Homes 547 $506,164 80 days
Homes with a Pool 220 $1,005,110 102 days
Reduced Price Homes 177 $473,696 63 days
The Agency of M. Grass Group
208 Carnation Ave
Metairie, LA 70001
504-237-3359

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