Market Intelligence Report — LA-380

New Orleans-Metairie, LA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-LA-05
As of the latest 2026 data
Cooling

Median Listing

$299K
-8.0% YoY

Pending Ratio

0.27
-0.7% YoY

Active Inventory

4,065
+1.0% YoY

Median DOM

67 Days
+3.1% YoY

Primary Intelligence Tool — Sold Score™

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The New Orleans-Metairie metropolitan area is currently experiencing a cooling trend. With a pending ratio of 0.27 and active listings showing a modest 1.0% year-over-year increase, demand absorption is decelerating relative to available supply.

Market Analysis

What's moving the New Orleans-Metairie market right now.

Median listing prices have remained stable month-over-month but show an 8.0% decline over the past year. Active listings have seen a slight year-over-year increase of 1.0%, while new listings have subtly contracted by 0.8%. Median days on market have extended by 3.1% year-over-year, indicating a slower pace of transactions, and the pending ratio has softened by 0.7% over the past year.

Historical Analysis

Market Trends

Median Price

$299K+0.0% MoM

Active Inventory

4,065+1.0% YoY

Days on Market

67+3.1% YoY

Sold Score™

31-0.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Current conditions suggest that buyers may find greater opportunities for price discipline, as the market pace has slowed. The modest increase in active listings, alongside a contracting pending ratio, indicates that inventory pressures have eased, allowing for more deliberate decision-making. Sellers may need to adjust expectations regarding transaction timelines and pricing strategies.

Luxury Segment

The average listing price has declined by 8.8% year-over-year, a slightly more pronounced drop than the median listing price's 8.0% year-over-year decline. Median price per square foot has also contracted by 5.3% year-over-year. This suggests some softness in the higher price tiers of the market.

Supply Dynamics

4,065 active listings represent the current floor, with new supply arriving at roughly 1,004 per month.

Pricing Pressure
18.7%

of active listings carry a price reduction, -1.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.3% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
New Orleans-Metairie, LA
CBSA Code
35380
State
LA

ZIPs in New Orleans-Metairie, LA

Sorted by active inventory · click a ZIP for its full report