Mid City Housing Market Report February 2025•Orleans County, Louisiana

hero building illustration for mobile

Housing Prices in Mid City, LA

How much do homes in Mid City, LA cost?

Housing Market Conditions

Is Mid City, LA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mid City is a Buyer's Market

Difference Since January 2025

Last month, Mid City has remained a Buyer's Market.

Insight

Mid City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$461,000$171/SqFt
-$338,000
-42.3%

Based on all homes sold in February 2025

Insight

Homes in Mid City have sold for 42.3% less than they did a month ago.

Summary: The median home sold price in Mid City was $461,000 in February 2025, down 42.3% from last month, and the median price per square foot was $171.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2$120K$460K
+283.3%
3-$361K
N/A
4$862K$465K
-46.1%
5-$450K
N/A

Summary: Mid City housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +283.3%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -46.1%. The home price for 5 bedroom homes did not change.

How does Mid City, LA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mid City, LA

Housing supply in Mid City, LA

How many homes are available in Mid City, LA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
71Last MonthFeb 2025
572 months agoJan 2025
+24.6 %
Change MoMJan – Feb

Summary: The Mid City real estate market had 71 homes for sale in Feb 2025, a 24.6 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthFeb 2025
32 months agoJan 2025
+100.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
235
+66.7%
32125
+19.0%
41318
+38.5%
51922
+15.8%

Summary: Mid City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes increased by +19.0%. The inventory for 4 bedroom homes increased by +38.5%. The inventory for 5 bedroom homes increased by +15.8%.

Asking Price vs. Sold Price

How much do homes in Mid City, LA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Mid City, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Mid City in February 2025, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and and 17% were sold over asking.

Days on Market for Mid City, LA

How long does it take to sell a home in Mid City, LA?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Many homes in Mid City are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 6 homes were sold in Mid City; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
80 DaysLast MonthFeb 2025
23 Days1 month agoJan 2025
+250.0 %
Change MoMJan – Feb

Summary: Homes in Mid City had an average listing age of 80 days in Feb 2025, up by 250.0% compared to the previous month.

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 Mid City, LA

What homes are available in Mid City, LA?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Louisiana

MLS Disclaimers and Copyright

Based on information from ROAM MLS, for the period 01/01/2025 - 03/01/2025

IDX 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: 3/16/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.