#2491193, Lisa Nguyen, Listing Office: ARMSTRONG REALTY
New Orleans East Area Housing Market Report February 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 February 2024
Since last year, New Orleans East Area has remained a Buyer's Market.
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
Based on all homes sold in the last 12 months
Homes in New Orleans East Area have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in New Orleans East Area was $184,456 in February 2025, down 3.7% from last year, and the median price per square foot was $100.
Median Sold Price By Neighborhoods
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
New Orleans East Area | $191.5K | $184.4K | -3.7% |
Little Woods | $190K | $179.6K | -5.5% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $125K | N/A |
22 Bedrooms | $95K | $129.5K | +36.3% |
33 Bedrooms | $178.8K | $165K | -7.7% |
44 Bedrooms | $211.7K | $225K | +6.3% |
55+ Bedrooms | $210K | $225K | +7.1% |
Summary: New Orleans East Area housing price by bedroom type for February 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 +36.3%. The home price for 3 bedroom homes decreased by -7.7%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes increased by +7.1%.
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 |
---|---|---|
258Last MonthFeb 2025 | ||
2502 months agoJan 2025 | +3.2 % Change MoMJan – Feb |
Summary: The New Orleans East Area real estate market had 258 homes for sale in Feb 2025, a 3.2 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
19Last MonthFeb 2025 | ||
142 months agoJan 2025 | +35.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 17 | 17 | 0.0% |
33 Bedrooms | 126 | 126 | 0.0% |
44 Bedrooms | 67 | 77 | +14.9% |
55+ Bedrooms | 40 | 38 | -5.0% |
Summary: New Orleans East Area 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 remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +14.9%. The inventory for 5 bedroom homes decreased by -5.0%.
Asking Price vs. Sold Price
How much do homes in New Orleans East Area, LA cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price12 Homes
If you're buying a home in New Orleans East Area, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in New Orleans East Area in February 2025, up by 35.7% month-over-month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and and 16% 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 Days7 Homes
30 – 90 Days5 Homes
Over 90 Days7 Homes
Many homes in New Orleans East Area are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 19 homes were sold in New Orleans East Area; 37% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
89 DaysThis YearFeb 2025 | ||
57 Days1 year agoFeb 2024 | +54.9 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in New Orleans East Area had an average listing age of 89 days in Feb 2025, up by 54.9% 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 03/01/2023 - 03/01/2025

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.
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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: 3/14/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.