Is New Orleans, LA 70113 a buyer’s or seller’s market?
New Orleans is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply12.8Under 4 months = seller’s market
Sold above original list5.3%Share of sales, last 3 months
Median sale-to-list92.2%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$141▼ −27.4% vs. last year
Run the numbers for 70113
Nearby markets
New Orleans 70112Buyer’s market $408 /sq ftNew Orleans 70114Buyer’s market $150 /sq ftNew Orleans 70115Seller’s market $342 /sq ftNew 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