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Market Intelligence · LA / New Orleans

New Orleans, LA 70119 Housing Market

Typical home value in New Orleans 70119 sits at $292,020, down 2.5% over the past year. Homes list for a median of $313,500 and spend 89 days on market. The inventory remains modest for a market in adjustment.

Updated September 2026Median value$292K

The median home value in New Orleans, LA 70119 is $292K as of September 2026, down 2.5% 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 70119 range

$269K to $315K

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

-2.5% over 12 months

Typical home value in 70119 over the last 12 months: $300K in Sep 2025 to $292K in Sep 2026 (-2.5%).

Sep 2025$300K

Sep 2026$292K

The numbers

What is the 70119 housing market like?

Typical home value

$292K

Down2.5%YoY

Median list price

$314K

Up3.0%MoM

Days on market

89

Up2.3%MoM

Homes for sale

107

Up1.9%MoM

Price cuts

27.7%

Up70.9%MoM

New listings

16

Down33.3%MoM

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

The outlook

70119 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70119 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 70119 fell 2.5%, per the Zillow Home Value Index.

Will home prices drop in 70119?

Zillow's forecast says they may: it expects typical home values in 70119 to fall 0.6% by September 2027, after a 2.5% decline 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 70119 home prices compare?

  • 70119$292,020
  • 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

Buyers in 70119 had 107 homes for sale to choose from as of September 2026, with 16 new listings added that month. Homes are taking a median of 89 days to sell, and the median list price sits at $313,500. Meanwhile, the typical home value of $291,869 is down 3.1% over the past year, and 27.7% of listings have taken a price cut. Together these figures describe a soft market where sellers face real competition. If you are thinking about selling, pricing realistically from the start matters more than aiming high and cutting later.

Monthly payment

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20% · $58,404

Common questions

What people ask us.

What is the typical home value in 70119?

Typical home value in New Orleans 70119 is $292,020, down 2.5% over the past year as of September 2026.

How long do homes typically stay on the market in 70119?

Homes in 70119 spend a median of 89 days on market, reflecting a buyer's market where competition is limited.

How many homes are currently for sale in 70119?

As of September 2026, there are 107 homes for sale in 70119, with 16 new listings added that month.

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