Market Intelligence · LA / New Orleans

New Orleans, LA 70124 Housing Market

The typical home in New Orleans 70124 is worth $508,572, up 0.9% over the past year. The median list price is $571,000, and homes are taking a median of 82 days on market.

Updated June 2026Median value$509K

The median home value in New Orleans, LA 70124 is $509K as of June 2026, up 0.9% 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 70124 range

$468K to $549K

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

+0.9% over 12 months

Typical home value in 70124 over the last 12 months: $504K in Jun 2025 to $509K in Jun 2026 (+0.9%).

Jun 2025$504K

Jun 2026$509K

The numbers

What is the 70124 housing market like?

Typical home value

$509K

Up0.9%YoY

Median list price

$571K

Days on market

82

Up26.2%MoM

Homes for sale

114

Price cuts

16.2%

New listings

32

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

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The comparison

How do 70124 home prices compare?

  • 70124$508,572
  • 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 2026, there are 114 homes for sale in 70124, with 32 new listings added recently. The typical home value stands at $508,572, up 0.9% over the past year, while the median list price is $571,000. Homes are sitting a median of 82 days on market, and 16.2% of listings have had a price cut. For sellers, this points to a slower market where pricing carefully from the start matters more than holding out for a high number.

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