Market Intelligence · LA / New Orleans

New Orleans, LA 70127 Housing Market

In New Orleans, LA 70127, the typical home value is $163,563, down 2.5% over the past year as of 2026-08-01. The median list price is $172,500, and homes are taking a median 86 days on market.

Updated August 2026Median value$164K

The median home value in New Orleans, LA 70127 is $164K as of August 2026, down 2.5% 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 70127 range

$150K to $177K

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

-2.5% over 12 months

Typical home value in 70127 over the last 12 months: $168K in Aug 2025 to $164K in Aug 2026 (-2.5%).

Aug 2025$168K

Aug 2026$164K

The numbers

What is the 70127 housing market like?

Typical home value

$164K

Down2.5%YoY

Median list price

$173K

Down4.1%MoM

Days on market

86

Down13.1%MoM

Homes for sale

45

Down2.2%MoM

Price cuts

16.2%

Up14.0%MoM

New listings

16

Up60.0%MoM

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

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The comparison

How do 70127 home prices compare?

  • 70127$163,563
  • 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

As of 2026-08-01, there are 45 homes for sale in 70127, with 16 new listings. The median list price is $172,500, while the typical home value is $163,563 and is down 2.5% over the past year. A median 86 days on market points to a slower pace, and 16.2% of listings have taken a price cut. Sellers should expect buyers to negotiate and should price close to current value rather than last year's level.

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