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New Orleans East Area Housing Market Report March 2025•Orleans County, Louisiana
Housing Prices in New Orleans East Area, LA
How much do homes in New Orleans East Area, LA cost?
Housing Market Conditions
Is New Orleans East Area, LA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Orleans East Area is a Buyer's Market
Difference Since March 2024
At the same time last year, New Orleans East Area was a Seller's Market.
Insight
New Orleans East Area is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$184,275$100/SqFt
-$8,725
-4.5%
Based on all homes sold in the last 12 months
Insight
Homes in New Orleans East Area have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in New Orleans East Area was $184,275 in March 2025, down 4.5% from last year, and the median price per square foot was $100.
Median Sold Price By Neighborhoods
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| West Lake Forest | $156.7K | $184.9K | +18.0% |
| New Orleans East Area | $193K | $184.2K | -4.5% |
| Little Woods | $190K | $180.5K | -5.0% |
| Village De L'Est | $162.5K | $149K | -8.3% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $125K | N/A |
| 22 Bedrooms | $99K | $130K | +31.3% |
| 33 Bedrooms | $178.6K | $170K | -4.9% |
| 44 Bedrooms | $211.7K | $235K | +11.0% |
| 55+ Bedrooms | $213K | $215K | +0.9% |
Summary: New Orleans East Area housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +31.3%. The home price for 3 bedroom homes decreased by -4.9%. The home price for 4 bedroom homes increased by +11.0%. The home price for 5 bedroom homes increased by +0.9%.
How does New Orleans East Area, 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 East Area, LA
Housing supply in New Orleans East Area, LA
How many homes are available in New Orleans East Area, LA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 254Last MonthMar 2025 | ||
| 2442 months agoFeb 2025 | +4.1 % Change MoMFeb – Mar |
Summary: The New Orleans East Area real estate market had 254 homes for sale in Mar 2025, a 4.1 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthMar 2025 | ||
| 232 months agoFeb 2025 | -4.3 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 15 | 12 | -20.0% |
| 33 Bedrooms | 121 | 129 | +6.6% |
| 44 Bedrooms | 70 | 75 | +7.1% |
| 55+ Bedrooms | 38 | 38 | 0.0% |
Summary: New Orleans East Area housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes increased by +6.6%. The inventory for 4 bedroom homes increased by +7.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in New Orleans East Area, LA cost?
Over Asking Price6 Homes
At Asking Price3 Homes
Under Asking Price13 Homes
Insight
If you're buying a home in New Orleans East Area, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in New Orleans East Area in March 2025, down by 4.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and and 27% were sold over asking.
Days on Market for New Orleans East Area, LA
How long does it take to sell a home in New Orleans East Area, LA?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days6 Homes
Over 90 Days11 Homes
Insight
Most homes in New Orleans East Area are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 22 homes were sold in New Orleans East Area; 23% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 100 DaysThis YearMar 2025 | ||
| 80 Days1 year agoMar 2024 | +25.2 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in New Orleans East Area had an average listing age of 100 days in Mar 2025, up by 25.2% compared to the previous year.
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Newest Listings in New Orleans East Area, LA
What homes are available in New Orleans East Area, LA?
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MLS Disclaimers and Copyright
Based on information from ROAM MLS, for the period 04/01/2023 - 04/01/2025
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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: 4/23/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.