1 day on Rocket
#2511517, Caitlin Carrere, Listing office: LATTER & BLUM (LATT07)
70118 Housing Market Report June 2025•Orleans County, Louisiana
Housing Prices in 70118, LA
How much do homes in 70118, LA cost?
Housing Market Conditions
Is 70118, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
70118 is a Buyer's Market
Difference Since June 2024
At the same time last year, 70118 was a Seller's Market.
Insight
70118 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$452,500$238/SqFt
+$32,500
+7.7%
Based on all homes sold in the last 12 months
Insight
Homes in 70118 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 70118 was $452,500 in June 2025, up 7.7% from last year, and the median price per square foot was $238.
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $225K | $125.5K | -44.2% |
| 22 Bedrooms | $369.5K | $365K | -1.2% |
| 33 Bedrooms | $415K | $450K | +8.4% |
| 44 Bedrooms | $465K | $522.5K | +12.4% |
| 55+ Bedrooms | $612.5K | $627.5K | +2.4% |
Summary: 70118 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -44.2%. The home price for 2 bedroom homes decreased by -1.2%. The home price for 3 bedroom homes increased by +8.4%. The home price for 4 bedroom homes increased by +12.4%. The home price for 5 bedroom homes increased by +2.4%.
How does 70118, LA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
70118, LA
Housing supply in 70118, LA
How many homes are available in 70118, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 280Last MonthJun 2025 | ||
| 2792 months agoMay 2025 | 0.4 % Change MoMMay – Jun |
Summary: The 70118 real estate market had 280 homes for sale in Jun 2025, a .4 % decrease compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 35Last MonthJun 2025 | ||
| 372 months agoMay 2025 | -5.4 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 8 | 9 | +12.5% |
| 22 Bedrooms | 43 | 45 | +4.7% |
| 33 Bedrooms | 74 | 83 | +12.2% |
| 44 Bedrooms | 97 | 88 | -9.3% |
| 55+ Bedrooms | 57 | 55 | -3.5% |
Summary: 70118 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +12.5%. The inventory for 2 bedroom homes increased by +4.7%. The inventory for 3 bedroom homes increased by +12.2%. The inventory for 4 bedroom homes decreased by -9.3%. The inventory for 5 bedroom homes decreased by -3.5%.
Asking Price vs. Sold Price
How much do homes in 70118, LA cost?
Over Asking Price3 Homes
At Asking Price6 Homes
Under Asking Price26 Homes
Insight
If you're buying a home in 70118, you may be able to get a good deal. 74.3% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 70118 in June 2025, down by 5.4% month-over-month. Of the 35 sold homes, 74% were sold under asking, 17% were sold at asking, and and 9% were sold over asking.
Days on Market for 70118, LA
How long does it take to sell a home in 70118, LA?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days17 Homes
Over 90 Days9 Homes
Insight
Avg time on Rocket Homes in 70118 has remained consistent over time.
Summary: During June 2025, 35 homes were sold in 70118; 26% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 69 DaysThis YearJun 2025 | ||
| 59 Days1 year agoJun 2024 | +17.8 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in 70118 had an average listing age of 69 days in Jun 2025, up by 17.8% compared to the previous year.
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Newest Listings in 70118, LA
What homes are available in 70118, LA?
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MLS Disclaimers and Copyright
Based on information from ROAM MLS, for the period 07/01/2023 - 07/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 11:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.