Market Intelligence · LA / New Orleans

New Orleans, LA 70129 Housing Market

The typical home value in 70129 is $151,594, up 4.7% over the past year. Homes for sale are listed at a median price of $258,250 and spend a median of 128 days on market.

Updated September 2026Median value$152K

The median home value in New Orleans, LA 70129 is $152K as of September 2026, up 4.7% 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 70129 range

$139K 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

+4.7% over 12 months

Sep 2025$145K

Low $145KHigh $152K

Sep 2026$152K

The numbers

What is the 70129 housing market like?

As of September 2026

Typical home value

$152K

4.7%YoY

Median list price

$258K

6.1%MoM

Days on market

128

12.3%MoM

Homes for sale

2.3%MoM

Price cuts

3.5%

52.5%MoM

New listings

100.0%MoM

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

The outlook

70129 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70129 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 70129 rose 4.7%, per the Zillow Home Value Index.

Will home prices drop in 70129?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 70129 to stay roughly flat by September 2027 (up 0.2%), after a 4.7% 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 70129 home prices compare?

70129$151,594
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

70129 has 43 homes for sale as of September 2026, with 8 new listings entering the market. The median list price sits at $258,250, and homes are taking 128 days to sell on average. Only 3.5% of listings have received a price cut, suggesting most sellers are holding firm on their ask. The underlying value trend is positive, with the typical home up 4.7% year over year. Still, the extended time on market points to a buyer-favorable environment where patience and realistic pricing matter.

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Common questions

What people ask us.

What is the typical home value in 70129?

The typical home value is $151,594, up 4.7% over the past year as of September 2026.

How long do homes stay on the market in 70129?

The median days on market is 128 as of September 2026.

How many homes are for sale in 70129?

There are 43 homes for sale as of September 2026, with 8 new listings.

Discover

Nearby ZIP markets.

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