Market Intelligence · LA / New Orleans

New Orleans, LA 70114 Housing Market

The typical home value in 70114 is $162,310, down 2.5% over the past year. The median list price stands at $239,900, with homes remaining on the market for a median of 102 days as of September 2026.

Updated September 2026Median value$162K

The median home value in New Orleans, LA 70114 is $162K as of September 2026, down 2.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 70114 range

$149K to $175K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.5% over 12 months

Sep 2025$166K

Low $160KHigh $166K

Sep 2026$162K

The numbers

What is the 70114 housing market like?

As of September 2026

Typical home value

$162K

2.5%YoY

Median list price

$240K

17.3%MoM

Days on market

102

6.3%MoM

Homes for sale

3.0%MoM

Price cuts

15.1%

10.5%MoM

New listings

30.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

70114 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70114 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 70114 fell 2.5%, per the Zillow Home Value Index.

Will home prices drop in 70114?

Zillow's forecast says they may: it expects typical home values in 70114 to fall 0.6% by September 2027, after a 2.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 70114 home prices compare?

70114$162,310
New Orleans$254,224
Louisiana$184,621
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (New Orleans: 19 ZIPs; Louisiana: 345 ZIPs; United States: 26,262 ZIPs).

Context

New Orleans 70114 has 97 homes for sale with 14 new listings entering the market in September 2026. The median days on market of 102 indicates a slower-moving inventory compared to faster markets. About 15.1% of listings have received price cuts, reflecting the pressure sellers face in a cooling environment. The year-over-year decline in typical home value suggests that buyer demand has softened. If you're thinking about selling, expect to price competitively and plan for a longer holding period.

Monthly payment

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Home price

Down payment20% · $32,462

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Common questions

What people ask us.

What is the typical home value in 70114?

The typical home value is $162,310, down 2.5% over the past year as of September 2026.

How long do homes stay on the market in 70114?

The median days on market is 102 as of September 2026.

What share of listings are being reduced in 70114?

About 15.1% of listings have received a price cut as of September 2026.

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Nearby ZIP markets.

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