Market Intelligence · LA / New Orleans

New Orleans, LA 70115 Housing Market

The typical home value in New Orleans 70115 is $525,205, up 1.8% over the past year. The median list price stands at $466,000, with homes spending a median of 65 days on the market as of September 2026.

Updated September 2026Median value$525K

The median home value in New Orleans, LA 70115 is $525K as of September 2026, up 1.8% 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 70115 range

$483K to $567K

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

+1.8% over 12 months

Sep 2025$516K

Low $513KHigh $525K

Sep 2026$525K

The numbers

What is the 70115 housing market like?

As of September 2026

Typical home value

$525K

1.8%YoY

Median list price

$466K

1.9%MoM

Days on market

7.1%MoM

Homes for sale

116

1.8%MoM

Price cuts

20.5%

40.2%MoM

New listings

0.0%MoM

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

The outlook

70115 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70115 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 70115 rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in 70115?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 70115 to stay roughly flat by September 2027 (down 0.4%), after a 1.8% rise 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 70115 home prices compare?

70115$525,205
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

There are 116 homes for sale in 70115, with 36 new listings added as of September 2026. The median days on market of 65 suggests a moderate pace of sales activity. One in five listings, specifically 20.5%, have seen a price cut, which reflects some negotiation in a market where values have grown modestly. For sellers, this combination means you should price competitively and be prepared for a market that rewards realistic expectations.

Monthly payment

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Home price

Down payment20% · $105,041

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 70115?

The typical home value is $525,205, up 1.8% over the past year as of September 2026.

How long do homes stay on the market in 70115?

The median days on market is 65 as of September 2026.

What share of homes have had price cuts?

20.5% of listings have seen a price cut as of September 2026.

Discover

Nearby ZIP markets.

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