Market Intelligence · LA / New Orleans

New Orleans, LA 70121 Housing Market

The typical home value in New Orleans 70121 is $266,465, down 4.1% over the past year. The median list price is $270,925, and homes are taking a median of 66 days on market.

Updated June 2026Median value$266K

The median home value in New Orleans, LA 70121 is $266K as of June 2026, down 4.1% 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 70121 range

$245K to $288K

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

-4.1% over 12 months

Typical home value in 70121 over the last 12 months: $278K in Jun 2025 to $266K in Jun 2026 (-4.1%).

Jun 2025$278K

Jun 2026$266K

The numbers

What is the 70121 housing market like?

Typical home value

$266K

Down4.1%YoY

Median list price

$271K

Days on market

66

Up18.9%MoM

Homes for sale

64

Price cuts

24.9%

New listings

16

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

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The comparison

How do 70121 home prices compare?

  • 70121$266,465
  • 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 64 homes for sale in the 70121 ZIP code, with 16 new listings added recently. The median list price sits at $270,925, while the typical home value is $266,465, down 4.1% over the past year. Homes are spending a median of 66 days on market, and 24.9% of listings have had a price cut. For sellers, this is a slower market where realistic pricing matters more than ever.

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