In August 2025, the median listing home price in New Orleans was ~$335K, down substantially MoM.
The price per sq ft ↓ 2.3% MoM, larger than the national decline of 1.2%.
There were 1,908 homes for sale, ↓ 5.3% MoM and ↓ 10.3% yearly.
Homes spent an avg of 88 days on the market, ↑ 6 days MoM and ↑ 10 days yearly.
Significant price drops and shrinking inventory indicate a slower, more competitive market than last year.
Is New Orleans Housing Market Cooling Off? | ” Your Real Estate ADVOCATE & Trusted Advisor”
