8 hours on Rocket
$7,659 Closing Credit¹
#2506341, Jeri Wheeler, Listing office: REVE, REALTORS
70124 Housing Market Report May 2025•Orleans County, Louisiana
Housing Prices in 70124, LA
How much do homes in 70124, LA cost?
Housing Market Conditions
Is 70124, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
70124 is a Neutral Market
Difference Since May 2024
At the same time last year, 70124 was a Seller's Market.
Insight
70124 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$523,000$247/SqFt
-$3,000
-0.6%
Based on all homes sold in the last 12 months
Insight
Homes in 70124 have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in 70124 was $523,000 in May 2025, down 0.6% from last year, and the median price per square foot was $247.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $154K | $240.1K | +55.9% |
| 22 Bedrooms | $375K | $316.5K | -15.6% |
| 33 Bedrooms | $472.5K | $465K | -1.6% |
| 44 Bedrooms | $685K | $640K | -6.6% |
| 55+ Bedrooms | $725K | $859.5K | +18.6% |
Summary: 70124 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +55.9%. The home price for 2 bedroom homes decreased by -15.6%. The home price for 3 bedroom homes decreased by -1.6%. The home price for 4 bedroom homes decreased by -6.6%. The home price for 5 bedroom homes increased by +18.6%.
How does 70124, LA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
70124, LA
Housing supply in 70124, LA
How many homes are available in 70124, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 296Last MonthMay 2025 | ||
| 2642 months agoApr 2025 | +12.1 % Change MoMApr – May |
Summary: The 70124 real estate market had 296 homes for sale in May 2025, a 12.1 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 43Last MonthMay 2025 | ||
| 282 months agoApr 2025 | +53.6 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 8 | 9 | +12.5% |
| 22 Bedrooms | 30 | 35 | +16.7% |
| 33 Bedrooms | 90 | 99 | +10.0% |
| 44 Bedrooms | 81 | 97 | +19.8% |
| 55+ Bedrooms | 55 | 56 | +1.8% |
Summary: 70124 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +12.5%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes increased by +19.8%. The inventory for 5 bedroom homes increased by +1.8%.
Asking Price vs. Sold Price
How much do homes in 70124, LA cost?
Over Asking Price3 Homes
At Asking Price5 Homes
Under Asking Price35 Homes
Insight
If you're buying a home in 70124, you may be able to get a good deal. 81.4% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 70124 in May 2025, up by 53.6% month-over-month. Of the 43 sold homes, 81% were sold under asking, 12% were sold at asking, and and 7% were sold over asking.
Days on Market for 70124, LA
How long does it take to sell a home in 70124, LA?
Breakdown of Home Sale Times
Under 30 Days17 Homes
30 – 90 Days12 Homes
Over 90 Days14 Homes
Insight
Many homes in 70124 are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 43 homes were sold in 70124; 40% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 71 DaysThis YearMay 2025 | ||
| 43 Days1 year agoMay 2024 | +63.8 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 70124 had an average listing age of 71 days in May 2025, up by 63.8% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in 70124, LA
What homes are available in 70124, LA?
Popular Cities with Homes for Sale in Louisiana
- Homes for sale in Belle Chasse, LA
- Homes for sale in Bossier City, LA
- Homes for sale in Chalmette, LA
- Homes for sale in Covington, LA
- Homes for sale in Destrehan, LA
- Homes for sale in Gretna, LA
- Homes for sale in Hammond, LA
- Homes for sale in Harvey, LA
- Homes for sale in Haughton, LA
- Homes for sale in Kenner, LA
- Homes for sale in Lafayette, LA
- Homes for sale in Mandeville, LA
- Homes for sale in Marrero, LA
- Homes for sale in Metairie, LA
- Homes for sale in Minden, LA
- Homes for sale in New Iberia, LA
- Homes for sale in New Orleans, LA
- Homes for sale in Opelousas, LA
- Homes for sale in Ponchatoula, LA
- Homes for sale in Shreveport, LA
- Homes for sale in Slidell, LA
MLS Disclaimers and Copyright
Based on information from ROAM MLS, for the period 06/01/2023 - 06/01/2025
Disclaimer: Copyright © 2025, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.
By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.