Market Intelligence · LA / New Orleans

New Orleans, LA 70115 Housing Market

The typical home value in New Orleans 70115 is $525,936, up 1.1% over the past year as of 2026-08-01. The median list price is $475,000, and homes are spending a median of 70 days on market.

Updated August 2026Median value$526K

The median home value in New Orleans, LA 70115 is $526K as of August 2026, up 1.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 70115 range

$484K to $568K

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

+1.1% over 12 months

Typical home value in 70115 over the last 12 months: $520K in Aug 2025 to $526K in Aug 2026 (+1.1%).

Aug 2025$520K

Aug 2026$526K

The numbers

What is the 70115 housing market like?

Typical home value

$526K

Up1.1%YoY

Median list price

$475K

Down3.8%MoM

Days on market

70

Up16.7%MoM

Homes for sale

114

Down10.2%MoM

Price cuts

14.7%

Down27.5%MoM

New listings

36

Up12.5%MoM

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

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The comparison

How do 70115 home prices compare?

  • 70115$525,936
  • New Orleans$261,620
  • Louisiana$189,166
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (New Orleans: 19 ZIPs; Louisiana: 345 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there were 114 homes for sale in 70115, with 36 new listings coming to market. The median list price sits at $475,000, while the typical home value is $525,936, up 1.1% over the past year. Homes are taking a median of 70 days to sell, and 14.7% of listings have had a price cut. That combination points to a market where buyers have time to weigh options. Sellers should expect realistic pricing and some patience to matter more than speed right now.

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20% · $105,187

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