Market Intelligence · LA / New Orleans

New Orleans, LA 70128 Housing Market

The typical home value in 70128 is $172,109, down 4.5% over the past year. The median list price sits at $217,500, with homes taking a median of 70 days to sell as of September 2026.

Updated September 2026Median value$172K

The median home value in New Orleans, LA 70128 is $172K as of September 2026, down 4.5% 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 70128 range

$158K to $186K

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

-4.5% over 12 months

Sep 2025$180K

Low $171KHigh $180K

Sep 2026$172K

The numbers

What is the 70128 housing market like?

As of September 2026

Typical home value

$172K

4.5%YoY

Median list price

$218K

1.1%MoM

Days on market

12.9%MoM

Homes for sale

1.9%MoM

Price cuts

17.3%

12.2%MoM

New listings

25.0%MoM

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

The outlook

70128 housing market forecast 2027

-0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70128 to fall 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 70128 fell 4.5%, per the Zillow Home Value Index.

Will home prices drop in 70128?

Zillow's forecast says they may: it expects typical home values in 70128 to fall 0.5% by September 2027, after a 4.5% decline 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 70128 home prices compare?

70128$172,109
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 New Orleans 70128 market shows a buyer's environment with 52 homes currently for sale and 10 new listings in September 2026. The median time on market of 70 days reflects a slower sales pace, and price cuts have affected 17.3% of active listings. The year-over-year decline of 4.5% in typical home value suggests continued softness in the local market. Sellers should be prepared for negotiations and realistic about pricing.

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Down payment20% · $34,422

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Common questions

What people ask us.

What is the typical home value in 70128?

The typical home value in 70128 is $172,109, down 4.5% over the past year as of September 2026.

How long do homes take to sell in 70128?

The median days on market for 70128 is 70 as of September 2026.

What share of listings have price cuts?

As of September 2026, 17.3% of listings in 70128 had a price cut.

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