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New Orleans, LA Real Estate & Property Data

New Orleans Real Estate Market Trends
Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into New Orleans, LA. ATTOM’s New Orleans real estate data is updated daily, and current market trends show that in New Orleans, LA a total of 4,679 residential properties have sold over the past year. With a median home price of $331,367 in New Orleans and a total of 54 foreclosures. Get detailed property data for New Orleans, LA instantly. ATTOM is your one-stop-shop for the New Orleans property reports and real estate data you need in New Orleans, LA.

New Orleans Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 128,713
Total Commercial Properties 10,727
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,909
Total 2024 Residential Sales (year-to-date) 851
% of Homes Seriously Underwater (Q2 2024) 3.17%
Total 2023 Residential Sales 4,401
% of Equity Rich Homes (Q2 2024) 17.23%
Effective 2023 Property Tax 0.61%
Total Foreclosure Filings (year-to-date) 135
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New Orleans, LA Real Estate Overview

There were 4,679 residential properties sold in the past year in New Orleans, LA. The median home value in New Orleans, LA is $248,956. There are a total of 128,713 residential properties in the New Orleans.

Median Sales Price i
$331,367
(Mar 2024)
-2.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $331,367
  • February '24 Feb '24 $300,000
  • January '24 Jan '24 $260,000
  • December '23 Dec '23 $272,500
  • November '23 Nov '23 $297,000
  • October '23 Oct '23 $265,000
  • September '23 Sep '23 $336,475
  • August '23 Aug '23 $268,000
  • July '23 Jul '23 $327,500
  • June '23 Jun '23 $355,000
  • May '23 May '23 $325,000
  • April '23 Apr '23 $293,500
Median Down Payment i
$40,000
(Mar 2024)
-39.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $40,000
  • February '24 Feb '24 $41,125
  • January '24 Jan '24 $35,000
  • December '23 Dec '23 $44,062
  • November '23 Nov '23 $53,338
  • October '23 Oct '23 $36,400
  • September '23 Sep '23 $38,500
  • August '23 Aug '23 $25,000
  • July '23 Jul '23 $44,500
  • June '23 Jun '23 $53,800
  • May '23 May '23 $50,000
  • April '23 Apr '23 $59,442
Number of Homes Sold i
332
(Mar 2024)
-13.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 332
  • February '24 Feb '24 268
  • January '24 Jan '24 251
  • December '23 Dec '23 312
  • November '23 Nov '23 296
  • October '23 Oct '23 318
  • September '23 Sep '23 356
  • August '23 Aug '23 463
  • July '23 Jul '23 405
  • June '23 Jun '23 476
  • May '23 May '23 461
  • April '23 Apr '23 357
Number of Purchase Loans i
144
(Mar 2024)
-26.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 144
  • February '24 Feb '24 132
  • January '24 Jan '24 102
  • December '23 Dec '23 151
  • November '23 Nov '23 147
  • October '23 Oct '23 143
  • September '23 Sep '23 181
  • August '23 Aug '23 219
  • July '23 Jul '23 207
  • June '23 Jun '23 259
  • May '23 May '23 234
  • April '23 Apr '23 189
Number of REFI Loans i
160
(Mar 2024)
+13.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 160
  • February '24 Feb '24 140
  • January '24 Jan '24 111
  • December '23 Dec '23 117
  • November '23 Nov '23 134
  • October '23 Oct '23 160
  • September '23 Sep '23 146
  • August '23 Aug '23 184
  • July '23 Jul '23 119
  • June '23 Jun '23 135
  • May '23 May '23 115
  • April '23 Apr '23 116
Number of HELOC Loans i
28
(Mar 2024)
-39.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 28
  • February '24 Feb '24 23
  • January '24 Jan '24 42
  • December '23 Dec '23 35
  • November '23 Nov '23 37
  • October '23 Oct '23 40
  • September '23 Sep '23 45
  • August '23 Aug '23 45
  • July '23 Jul '23 44
  • June '23 Jun '23 45
  • May '23 May '23 50
  • April '23 Apr '23 42

New Orleans, LA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

New Orleans, LA Foreclosure Activity

There were a total of 54 New Orleans, LA properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 54 New Orleans, LA properties and repossessed 9 New Orleans, LA properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
54
(Mar 2024)
+63.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 54
  • February '24 Feb '24 38
  • January '24 Jan '24 43
  • December '23 Dec '23 31
  • November '23 Nov '23 56
  • October '23 Oct '23 34
  • September '23 Sep '23 42
  • August '23 Aug '23 48
  • July '23 Jul '23 47
  • June '23 Jun '23 61
  • May '23 May '23 34
  • April '23 Apr '23 65
Foreclosure Starts i
54
(Mar 2024)
+63.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 54
  • February '24 Feb '24 38
  • January '24 Jan '24 43
  • December '23 Dec '23 31
  • November '23 Nov '23 56
  • October '23 Oct '23 34
  • September '23 Sep '23 42
  • August '23 Aug '23 48
  • July '23 Jul '23 47
  • June '23 Jun '23 61
  • May '23 May '23 34
  • April '23 Apr '23 65
Completed Foreclosures (REOs) i
9
(Mar 2024)
+350%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 9
  • February '24 Feb '24 5
  • January '24 Jan '24 13
  • December '23 Dec '23 4
  • November '23 Nov '23 10
  • October '23 Oct '23 7
  • September '23 Sep '23 6
  • August '23 Aug '23 21
  • July '23 Jul '23 6
  • June '23 Jun '23 4
  • May '23 May '23 19
  • April '23 Apr '23 3
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