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French Quarter Housing Market Report May 2025•Orleans County, Louisiana
Housing Prices in French Quarter, LA
How much do homes in French Quarter, LA cost?
Housing Market Conditions
Is French Quarter, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
French Quarter is a Buyer's Market
Difference Since May 2024
At the same time last year, French Quarter was a Seller's Market.
Insight
French Quarter is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$400,000$424/SqFt
-$50,000
-11.1%
Based on all homes sold in the last 12 months
Insight
Homes in French Quarter have sold for 11.1% less than they did a year ago.
Summary: The median home sold price in French Quarter was $400,000 in May 2025, down 11.1% from last year, and the median price per square foot was $424.
Median Sold Price By Neighborhoods
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Treme | $323.2K | $387K | +19.7% |
| Marigny | $395K | $378K | -4.3% |
| French Quarter | $450K | $400K | -11.1% |
| Central Business District | $455K | $389K | -14.5% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $299K | $288.7K | -3.4% |
| 22 Bedrooms | $486K | $450K | -7.4% |
| 33 Bedrooms | $1.0M | $610K | -41.9% |
| 44 Bedrooms | $507.8K | $415K | -18.3% |
| 55+ Bedrooms | $611K | $1.1M | +88.2% |
Summary: French Quarter housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.4%. The home price for 2 bedroom homes decreased by -7.4%. The home price for 3 bedroom homes decreased by -41.9%. The home price for 4 bedroom homes decreased by -18.3%. The home price for 5 bedroom homes increased by +88.2%.
How does French Quarter, LA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
French Quarter, LA
Housing supply in French Quarter, LA
How many homes are available in French Quarter, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 169Last MonthMay 2025 | ||
| 1542 months agoApr 2025 | +9.7 % Change MoMApr – May |
Summary: The French Quarter real estate market had 169 homes for sale in May 2025, a 9.7 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthMay 2025 | ||
| 62 months agoApr 2025 | +50.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 49 | 55 | +12.2% |
| 22 Bedrooms | 42 | 42 | 0.0% |
| 33 Bedrooms | 21 | 23 | +9.5% |
| 44 Bedrooms | 18 | 21 | +16.7% |
| 55+ Bedrooms | 24 | 28 | +16.7% |
Summary: French Quarter housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +12.2%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +9.5%. The inventory for 4 bedroom homes increased by +16.7%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in French Quarter, LA cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price8 Homes
Insight
If you're buying a home in French Quarter, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in French Quarter in May 2025, up by 50.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and and 0% were sold over asking.
Days on Market for French Quarter, LA
How long does it take to sell a home in French Quarter, LA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days3 Homes
Over 90 Days3 Homes
Insight
Many homes in French Quarter are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 9 homes were sold in French Quarter; 33% of homes were sold within 30 days, 33% 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 |
|---|---|---|
| 93 DaysThis YearMay 2025 | ||
| 69 Days1 year agoMay 2024 | +34.6 % Change YoYMay 2024 – May 2025 |
Summary: Homes in French Quarter had an average listing age of 93 days in May 2025, up by 34.6% compared to the previous year.
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Newest Listings in French Quarter, LA
What homes are available in French Quarter, LA?
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Based on information from ROAM MLS, for the period 06/01/2023 - 06/01/2025
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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: 6/10/2025, 8:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.