Home ValuePros

Market Intelligence · LA / New Orleans

New Orleans, LA 70122 Housing Market

The typical home value in New Orleans, LA 70122 is $219,663, down 4.3% over the past year. Homes here carry a median list price of $299,999 and sit a median of 82 days on market before selling.

Updated August 2026Median value$220K

The median home value in New Orleans, LA 70122 is $220K as of August 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

$202K to $237K

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: $230K in Aug 2025 to $220K in Aug 2026 (-4.3%).

Aug 2025$230K

Aug 2026$220K

The numbers

What is the 70122 housing market like?

Typical home value

$220K

Down4.3%YoY

Median list price

$300K

Down3.5%MoM

Days on market

82

Up5.1%MoM

Homes for sale

145

Down5.8%MoM

Price cuts

18.5%

Up12.8%MoM

New listings

36

Down5.3%MoM

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

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The comparison

How do 70122 home prices compare?

  • 70122$219,663
  • 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 145 homes for sale in 70122 as of 2026-08-01, with 36 new listings coming on. Sellers are listing at a median of $299,999, but the typical home value of $219,663 tells a softer story. Values are down 4.3% over the past year, and 18.5% of listings have taken a price cut. With a median of 82 days on market, buyers have room to be patient. If you are selling, expect realistic pricing and some negotiation to be part of the process.

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20% · $43,933

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