New Orleans, LA Real Estate & Property Data

New Orleans Real Estate Market Trends
Last Updated: April 24, 2024

Accurate and comprehensive real estate data is critical for insight into New Orleans, LA. ATTOM’s New Orleans real estate data is updated daily, and current market trends show that in New Orleans, LA a total of 4,599 residential properties have sold over the past year. With a median home price of $300,000 in New Orleans and a total of 38 foreclosures. Get detailed property data for New Orleans, LA instantly. ATTOM is your one-stop-shop for the New Orleans property reports and real estate data you need in New Orleans, LA.

New Orleans Real Estate Market Trends
Total Residential Properties 128,713
Total Commercial Properties 10,727
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,909
Total 2024 Residential Sales (year-to-date) 519
% of Homes Seriously Underwater (Q2 2024) 3.17%
Total 2023 Residential Sales 4,401
% of Equity Rich Homes (Q2 2024) 17.23%
Effective 2023 Property Tax 0.61%
Total Foreclosure Filings (year-to-date) 81
Interested in Purchasing National or New Orleans, LA Property Data?

New Orleans, LA Real Estate Overview

There were 4,599 residential properties sold in the past year in New Orleans, LA. The median home value in New Orleans, LA is $248,956. There are a total of 128,713 residential properties in the New Orleans.

Median Sales Price i
$300,000
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 $300,000
  • January '24 Jan '24 $260,000
  • December '23 Dec '23 $272,500
  • November '23 Nov '23 $297,000
  • October '23 Oct '23 $265,000
  • September '23 Sep '23 $336,475
  • August '23 Aug '23 $268,000
  • July '23 Jul '23 $327,500
  • June '23 Jun '23 $355,000
  • May '23 May '23 $325,000
  • April '23 Apr '23 $293,500
  • March '23 Mar '23 $340,000
Median Down Payment i
$41,125
(Feb 2024)
-23.1%
year-over-year
y-o-y
  • February '24 Feb '24 $41,125
  • January '24 Jan '24 $35,000
  • December '23 Dec '23 $44,062
  • November '23 Nov '23 $53,338
  • October '23 Oct '23 $36,400
  • September '23 Sep '23 $38,500
  • August '23 Aug '23 $25,000
  • July '23 Jul '23 $44,500
  • June '23 Jun '23 $53,800
  • May '23 May '23 $50,000
  • April '23 Apr '23 $59,442
  • March '23 Mar '23 $65,961
Number of Homes Sold i
268
(Feb 2024)
+6.3%
year-over-year
y-o-y
  • February '24 Feb '24 268
  • January '24 Jan '24 251
  • December '23 Dec '23 312
  • November '23 Nov '23 296
  • October '23 Oct '23 318
  • September '23 Sep '23 356
  • August '23 Aug '23 463
  • July '23 Jul '23 405
  • June '23 Jun '23 476
  • May '23 May '23 461
  • April '23 Apr '23 357
  • March '23 Mar '23 384
Number of Purchase Loans i
132
(Feb 2024)
+6.5%
year-over-year
y-o-y
  • February '24 Feb '24 132
  • January '24 Jan '24 102
  • December '23 Dec '23 151
  • November '23 Nov '23 147
  • October '23 Oct '23 143
  • September '23 Sep '23 181
  • August '23 Aug '23 219
  • July '23 Jul '23 207
  • June '23 Jun '23 259
  • May '23 May '23 234
  • April '23 Apr '23 189
  • March '23 Mar '23 196
Number of REFI Loans i
140
(Feb 2024)
+45.8%
year-over-year
y-o-y
  • February '24 Feb '24 140
  • January '24 Jan '24 111
  • December '23 Dec '23 117
  • November '23 Nov '23 134
  • October '23 Oct '23 160
  • September '23 Sep '23 146
  • August '23 Aug '23 184
  • July '23 Jul '23 119
  • June '23 Jun '23 135
  • May '23 May '23 115
  • April '23 Apr '23 116
  • March '23 Mar '23 141
Number of HELOC Loans i
23
(Feb 2024)
-58.2%
year-over-year
y-o-y
  • February '24 Feb '24 23
  • January '24 Jan '24 42
  • December '23 Dec '23 35
  • November '23 Nov '23 37
  • October '23 Oct '23 40
  • September '23 Sep '23 45
  • August '23 Aug '23 45
  • July '23 Jul '23 44
  • June '23 Jun '23 45
  • May '23 May '23 50
  • April '23 Apr '23 42
  • March '23 Mar '23 46

New Orleans, LA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

New Orleans, LA Foreclosure Activity

There were a total of 38 New Orleans, LA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 38 New Orleans, LA properties and repossessed 5 New Orleans, LA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
38
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 43
  • December '23 Dec '23 31
  • November '23 Nov '23 56
  • October '23 Oct '23 34
  • September '23 Sep '23 42
  • August '23 Aug '23 48
  • July '23 Jul '23 47
  • June '23 Jun '23 61
  • May '23 May '23 34
  • April '23 Apr '23 65
  • March '23 Mar '23 33
Foreclosure Starts i
38
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 43
  • December '23 Dec '23 31
  • November '23 Nov '23 56
  • October '23 Oct '23 34
  • September '23 Sep '23 42
  • August '23 Aug '23 48
  • July '23 Jul '23 47
  • June '23 Jun '23 61
  • May '23 May '23 34
  • April '23 Apr '23 65
  • March '23 Mar '23 33
Completed Foreclosures (REOs) i
5
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 13
  • December '23 Dec '23 4
  • November '23 Nov '23 10
  • October '23 Oct '23 7
  • September '23 Sep '23 6
  • August '23 Aug '23 21
  • July '23 Jul '23 6
  • June '23 Jun '23 4
  • May '23 May '23 19
  • April '23 Apr '23 3
  • March '23 Mar '23 2
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with New Orleans, LA property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.