Market Intelligence · LA / New Orleans

New Orleans, LA 70119 Housing Market

The typical home value in New Orleans, LA 70119 is $291,869, down 3.1% over the past year. The median list price is $304,500, and the median days on market is 87. Pricing should be set with that pace in mind.

Updated August 2026Median value$292K

The median home value in New Orleans, LA 70119 is $292K as of August 2026, down 3.1% 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 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

-3.1% over 12 months

Typical home value in 70119 over the last 12 months: $301K in Aug 2025 to $292K in Aug 2026 (-3.1%).

Aug 2025$301K

Aug 2026$292K

The numbers

What is the 70119 housing market like?

Typical home value

$292K

Down3.1%YoY

Median list price

$305K

Down1.2%MoM

Days on market

87

Up6.1%MoM

Homes for sale

105

Down6.2%MoM

Price cuts

16.2%

Down16.4%MoM

New listings

24

Up9.1%MoM

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

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The comparison

How do 70119 home prices compare?

  • 70119$291,869
  • 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

There are 105 homes for sale in 70119, with 24 new listings adding fresh competition. The typical home value is $291,869, down 3.1% over the past year, while the median list price sits at $304,500. Homes are spending 87 days on market, and 16.2% of listings have taken a price cut. Condition and timing matter more when listings linger. Buyers have time to compare options, so overpricing can stall a sale. A seller should price close to reality from the start.

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