Market Intelligence · LA / New Orleans

New Orleans, LA 70117 Housing Market

The typical home in New Orleans 70117 is valued at $175,963, down 1.8% over the past year. The median list price sits at $229,250, and homes are taking a median of 73 days on market to sell.

Updated June 2026Median value$176K

The median home value in New Orleans, LA 70117 is $176K as of June 2026, down 1.8% 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 70117 range

$162K to $190K

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

Typical home value in 70117 over the last 12 months: $179K in Jun 2025 to $176K in Jun 2026 (-1.8%).

Jun 2025$179K

Jun 2026$176K

The numbers

What is the 70117 housing market like?

Typical home value

$176K

Down1.8%YoY

Median list price

$229K

Days on market

73

Down18.0%MoM

Homes for sale

181

Price cuts

21.9%

New listings

30

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

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The comparison

How do 70117 home prices compare?

  • 70117$175,963
  • 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 1, 2026, there are 181 homes for sale in 70117, with 30 new listings added recently. The median list price is $229,250, while the typical home value is $175,963, reflecting a 1.8% decline over the past year. Homes are spending a median of 73 days on market, and 21.9% of listings have taken a price cut. For sellers, this points to a slower market where realistic pricing and patience matter.

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