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Is New Orleans, LA 70112 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

New Orleans is a buyer’s market. With about 16.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16.4Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list96.7%Sold price ÷ list price

Median days on market77Listing to accepted offer

Median price per sq ft$408▲ +28.4% vs. last year

Run the numbers for 70112

Prefilled for 70112Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70112Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

New Orleans 70113Buyer’s market $141 /sq ft New Orleans 70114Buyer’s market $150 /sq ft New Orleans 70115Seller’s market $342 /sq ft New Orleans 70116Buyer’s market $275 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology