Market Intelligence · LA / New Orleans

New Orleans, LA 70126 Housing Market

Homes in 70126 have a typical value of $152,112, up 0.4% over the past year. The median list price stands at $159,725, with homes typically on the market for 91 days.

Updated September 2026Median value$152K

The median home value in New Orleans, LA 70126 is $152K as of September 2026, up 0.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 70126 range

$140K to $164K

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

+0.4% over 12 months

Sep 2025$151K

Low $151KHigh $153K

Sep 2026$152K

The numbers

What is the 70126 housing market like?

As of September 2026

Typical home value

$152K

0.4%YoY

Median list price

$160K

6.0%MoM

Days on market

11.7%MoM

Homes for sale

6.5%MoM

Price cuts

14.8%

24.3%MoM

New listings

33.3%MoM

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

The outlook

70126 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70126 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 70126 rose 0.4%, per the Zillow Home Value Index.

Will home prices drop in 70126?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 70126 to stay roughly flat by September 2027 (up 0.1%), after a 0.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 70126 home prices compare?

70126$152,112
New Orleans$254,224
Louisiana$184,621
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (New Orleans: 19 ZIPs; Louisiana: 345 ZIPs; United States: 26,262 ZIPs).

Context

The 70126 market is moving slowly. With 86 homes for sale and only 16 new listings in September 2026, inventory is constrained. The median days on market of 91 suggests buyers are taking their time before making offers. Price cuts are appearing on 14.8% of listings, a sign that some sellers are adjusting expectations. If you are considering selling, expect a patient market where pricing strategy matters more than speed.

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Down payment20% · $30,422

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Common questions

What people ask us.

What is the typical home value in 70126?

The typical home value in 70126 is $152,112, up 0.4% over the past year.

How long do homes typically stay on the market in 70126?

Homes in 70126 stay on the market for a median of 91 days.

How many homes are currently for sale in 70126?

As of September 2026, there are 86 homes for sale in 70126, with 16 new listings that month.

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Nearby ZIP markets.

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