How much is a home in 70117 worth?

The typical home value in 70117 is $173,632, down 1.2% over the past year as of 2026-08-01. The median list price is $219,000.

How long does it take to sell a home in 70117?

Homes in 70117 spend a median of 105 days on market as of 2026-08-01. That is a slow pace, so sellers should expect a longer timeline.

Are sellers in 70117 cutting their prices?

Yes. As of 2026-08-01, 26.9% of listings in 70117 have had a price cut, with 158 homes currently for sale.

Market Intelligence · LA / New Orleans

New Orleans, LA 70117 Housing Market

The typical home value in New Orleans's 70117 ZIP code is $173,632, down 1.2% over the past year. Homes are currently listed at a median price of $219,000 and spend a median of 105 days on market before selling.

Updated August 2026Median value$174K

The median home value in New Orleans, LA 70117 is $174K as of August 2026, down 1.2% 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 70117 range

$160K to $188K

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

-1.2% over 12 months

Aug 2025$176K

Low $171KHigh $176K

Aug 2026$174K

The numbers

What is the 70117 housing market like?

As of August 2026

Typical home value

$174K

1.2%YoY

Median list price

$219K

4.2%MoM

Days on market

105

22.1%MoM

Homes for sale

158

8.7%MoM

Price cuts

26.9%

30.9%MoM

New listings

16.7%MoM

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

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The comparison

How do 70117 home prices compare?

70117$173,632
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

Sellers in 70117 are facing a slow market. There are 158 homes for sale, with 28 new listings added as of 2026-08-01, and buyers have time to be selective given the median of 105 days on market. The gap between the median list price of $219,000 and the typical home value of $173,632 suggests many sellers are pricing above where values actually sit, and 26.9% of listings have already taken a price cut. With typical values down 1.2% over the past year, sellers should price realistically from the start rather than chasing the market down.

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