New Orleans-Metairie, LA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak New Orleans-Metairie market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across New Orleans-Metairie, LA.
The New Orleans-Metairie market is characterized by very weak demand absorption, evidenced by a pending ratio of 0.24. This metric indicates a significant imbalance where active listings substantially outpace properties going under contract.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jun 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Building permits (private housing units) · Jun 2026
Shows whether future inventory pressure may increase.
U.S. Census Bureau building permits via FRED (St. Louis Fed).
What's moving the New Orleans-Metairie market right now.
Median listing prices have declined 6.5% over the past year, with an additional 0.7% decrease month-over-month. Despite a 2.4% year-over-year contraction in active listings, the significant supply overhang persists. New listings have increased by 8.6% year-over-year, further contributing to inventory. Median days on market have extended by 6.8% over the past year, reflecting the slower pace of transactions.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.24, the market exhibits considerable inventory pressure, necessitating greater price discipline from sellers. The protracted market times and elevated price reduction share underscore conditions that favor buyers, allowing for extended consideration and negotiation. Transactional velocity is notably low, indicating limited absorption capacity.
Average listing prices have seen a more pronounced year-over-year decline of 7.9% compared to the 6.5% decrease in median listing prices, indicating some softness at higher price points. The median price per square foot has also contracted by 5.0% over the past year. However, there is no distinct luxury-segment signal beyond these price metrics in this dataset.
3,967 active listings represent the current floor, with new supply arriving at roughly 914 per month.
of active listings carry a price reduction, +0.6% from prior period.
Median price per square foot has moved -5.0% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in New Orleans-Metairie, LA? Homes here are taking 5 days longer to sell than last year.
Buyers have leverage in New Orleans-Metairie, LA. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 24%
- Median Days on Market
- 79 days
- Inventory YoY
- −2%
In a buyer's market, strategy beats timing. See how your home scores in New Orleans-Metairie, LA and what moves the number.
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Metro Demographics
ZIPs in New Orleans-Metairie, LA
70130
new orleans
$394K
196 active · 94 DOM
70072
marrero
$225K
194 active · 78 DOM
70116
new orleans
$387K
177 active · 97 DOM
70117
new orleans
$229K
173 active · 86 DOM
70065
kenner
$300K
173 active · 66 DOM
70122
new orleans
$311K
154 active · 78 DOM
70003
metairie
$288K
146 active · 52 DOM
70115
new orleans
$494K
127 active · 60 DOM
70058
harvey
$255K
127 active · 67 DOM
70131
new orleans
$292K
124 active · 85 DOM
70001
metairie
$328K
119 active · 65 DOM
70118
new orleans
$361K
115 active · 67 DOM
70124
new orleans
$550K
113 active · 83 DOM
70119
new orleans
$308K
112 active · 82 DOM
70068
la place
$240K
109 active · 71 DOM
70123
new orleans
$354K
109 active · 66 DOM
70005
metairie
$432K
104 active · 68 DOM
70114
new orleans
$272K
103 active · 91 DOM
Sorted by active inventory · click a ZIP for its full report