Market Intelligence · LA / New Orleans

New Orleans, LA 70122 Housing Market

The typical home value in New Orleans 70122 is $222,570, down 4.3% over the past year. The median list price sits at $305,000, and homes are taking a median of 64 days on market.

Updated June 2026Median value$223K

The median home value in New Orleans, LA 70122 is $223K as of June 2026, down 4.3% 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 70122 range

$205K to $240K

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

-4.3% over 12 months

Typical home value in 70122 over the last 12 months: $233K in Jun 2025 to $223K in Jun 2026 (-4.3%).

Jun 2025$233K

Jun 2026$223K

The numbers

What is the 70122 housing market like?

Typical home value

$223K

Down4.3%YoY

Median list price

$305K

Days on market

64

Down16.9%MoM

Homes for sale

163

Price cuts

14.4%

New listings

30

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

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The comparison

How do 70122 home prices compare?

  • 70122$222,570
  • 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

There are 163 homes for sale in 70122 as of June 2026, with 30 new listings added. The median list price is $305,000, while the typical home value is $222,570, down 4.3% over the past year. Homes here take a median of 64 days on market, and 14.4% of listings have had a price cut. For a seller, this points to a slower market where pricing carefully and preparing for a longer timeline matters.

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