#2494912, Rachael Kansas, Listing Office: RE/MAX N.O. Properties
New Orleans Housing Market Report March 2025•Orleans County, Louisiana
Housing Prices in New Orleans, LA
How much do homes in New Orleans, LA cost?
Housing Market Conditions
Is New Orleans, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Orleans is a Buyer's Market
Difference Since March 2024
At the same time last year, New Orleans was a Seller's Market.
New Orleans is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in New Orleans have sold for 1% more than they did a year ago.
Summary: The median home sold price in New Orleans was $329,791 in March 2025, up 1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $241K | $239K | -0.8% |
22 Bedrooms | $287.7K | $288.3K | 0.2% |
33 Bedrooms | $314.4K | $303.6K | -3.4% |
44 Bedrooms | $355K | $377.4K | +6.3% |
55+ Bedrooms | $435K | $483.7K | +11.2% |
Summary: New Orleans housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -0.8%. The home price for 2 bedroom homes increased by 0.2%. The home price for 3 bedroom homes decreased by -3.4%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes increased by +11.2%.
How does New Orleans, LA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Orleans, LA
Housing supply in New Orleans, LA
How many homes are available in New Orleans, LA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
3,194Last MonthMar 2025 | ||
2,7822 months agoFeb 2025 | +14.8 % Change MoMFeb – Mar |
Summary: The New Orleans real estate market had 3,194 homes for sale in Mar 2025, a 14.8 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
234Last MonthMar 2025 | ||
2712 months agoFeb 2025 | -13.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 184 | 192 | +4.3% |
22 Bedrooms | 432 | 507 | +17.4% |
33 Bedrooms | 903 | 1,041 | +15.3% |
44 Bedrooms | 701 | 819 | +16.8% |
55+ Bedrooms | 562 | 635 | +13.0% |
Summary: New Orleans housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +4.3%. The inventory for 2 bedroom homes increased by +17.4%. The inventory for 3 bedroom homes increased by +15.3%. The inventory for 4 bedroom homes increased by +16.8%. The inventory for 5 bedroom homes increased by +13.0%.
Asking Price vs. Sold Price
How much do homes in New Orleans, LA cost?
Over Asking Price27 Homes
At Asking Price40 Homes
Under Asking Price167 Homes
If you're buying a home in New Orleans, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 234 homes were sold or pending in New Orleans in March 2025, down by 13.7% month-over-month. Of the 234 sold homes, 71% were sold under asking, 17% were sold at asking, and and 12% were sold over asking.
Days on Market for New Orleans, LA
How long does it take to sell a home in New Orleans, LA?
Breakdown of Home Sale Times
Under 30 Days99 Homes
30 – 90 Days57 Homes
Over 90 Days78 Homes
Many homes in New Orleans are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 234 homes were sold in New Orleans; 42% of homes were sold within 30 days, 24% 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 |
---|---|---|
78 DaysThis YearMar 2025 | ||
68 Days1 year agoMar 2024 | +15.3 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in New Orleans had an average listing age of 78 days in Mar 2025, up by 15.3% 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 New Orleans, LA
What homes are available in New Orleans, 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, and Acadiana MLS for the period 04/01/2023 - 04/01/2025

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: 4/4/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright 2025 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.