Market Intelligence · LA / New Orleans

New Orleans, LA 70115 Housing Market

The typical home value in New Orleans 70115 is $530,847, down 0.2% over the past year. The median list price sits at $494,000, and homes are taking a median of 60 days on market.

Updated June 2026Median value$531K

The median home value in New Orleans, LA 70115 is $531K as of June 2026, down 0.2% 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

$488K to $573K

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

-0.2% over 12 months

Typical home value in 70115 over the last 12 months: $532K in Jun 2025 to $531K in Jun 2026 (-0.2%).

Jun 2025$532K

Jun 2026$531K

The numbers

What is the 70115 housing market like?

Typical home value

$531K

Down0.2%YoY

Median list price

$494K

Days on market

60

Up11.1%MoM

Homes for sale

130

Price cuts

14.3%

New listings

58

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 70115 home prices compare?

  • 70115$530,847
  • New Orleans$266,465
  • Louisiana$188,775
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (New Orleans: 19 ZIPs; Louisiana: 345 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 130 homes for sale in 70115, with 58 new listings added. The typical home value of $530,847 is down 0.2% over the past year, a small decline. The median list price is $494,000, and the median days on market is 60. About 14.3% of listings have had a price cut. For sellers, this points to a market that has cooled slightly, so realistic pricing and patience will matter.

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20% · $106,169

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