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 currently characterized as Very Weak, with a pending ratio of 0.22, indicating severe lagging demand absorption relative to available supply. This condition persists despite a slight year-over-year increase in the pending ratio from a low base, alongside minimal inventory growth. Median listing prices have experienced a significant year-over-year contraction of 8.8%.
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 · Aug 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) · Aug 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.
Active listings have remained largely stable with a marginal year-over-year increase of 0.5%, complemented by new listings also growing slightly by 0.7%. However, the low pending ratio of 0.22 suggests that demand is not keeping pace with even this modest supply. Median listing prices have declined by 8.8% over the past year, while the median price per square foot has fallen by 5.0%, reflecting a general softening in asset values. Median days on market saw a slight decrease of 3.0% year-over-year, but this has not translated into improved absorption metrics.
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
The current market dynamics suggest a challenging environment for sellers, with demand absorption severely lagging available supply. The low pending ratio indicates that properties are taking longer to move from active to pending status, increasing inventory pressure. Price discipline is critical in this environment, as evidenced by the year-over-year decline in median listing prices.
The average listing price has declined by 8.3% over the past year, closely mirroring the 8.8% decline in median listing price, and the median price per square foot is down 5.0%. This suggests a broad-based softening rather than a distinct luxury segment challenge, as the average-versus-median spread is not significantly elevated.
3,892 active listings represent the current floor, with new supply arriving at roughly 892 per month.
of active listings carry a price reduction, +0.1% 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? Buyer Demand Index is running at 22%.
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
- 22%
- Median Days on Market
- 80 days
- Inventory YoY
- +0%
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
$398K
177 active · 100 DOM
70065
kenner
$290K
172 active · 68 DOM
70116
new orleans
$361K
172 active · 107 DOM
70072
marrero
$230K
170 active · 74 DOM
70003
metairie
$282K
160 active · 67 DOM
70117
new orleans
$216K
158 active · 103 DOM
70122
new orleans
$299K
142 active · 69 DOM
70001
metairie
$305K
138 active · 54 DOM
70058
harvey
$258K
131 active · 94 DOM
70068
la place
$225K
119 active · 60 DOM
70131
new orleans
$277K
118 active · 96 DOM
70118
new orleans
$350K
116 active · 65 DOM
70115
new orleans
$466K
116 active · 65 DOM
70124
new orleans
$527K
112 active · 70 DOM
70056
gretna
$265K
111 active · 80 DOM
70119
new orleans
$314K
107 active · 89 DOM
70005
metairie
$395K
107 active · 75 DOM
70114
new orleans
$240K
97 active · 102 DOM
Sorted by active inventory · click a ZIP for its full report