Is New Orleans, LA 70125 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 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.8Under 4 months = seller’s market
Sold above original list20.4%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market74Listing to accepted offer
Median price per sq ft$177▲ +8.2% vs. last year

Nearby markets

New Orleans 70112Buyer’s market $408 /sq ftNew Orleans 70113Buyer’s market $141 /sq ftNew Orleans 70114Buyer’s market $150 /sq ftNew Orleans 70115Seller’s market $342 /sq ft Browse all markets →

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