Verified local market snapshot

New Orleans real estate market update: June 2026.

June 2026 compared with June 2025. Verified Entire MLS figures for all residential properties from the New Orleans Metropolitan Association of REALTORS®, current as of July 8, 2026.

Source: New Orleans Metropolitan Association of REALTORS®. Geography: Entire MLS. Property type: All residential properties.

Citywide figures

New listings 1,698 −9.3% year over year
Pending sales 1,162 +9.9% year over year
Closed sales 1,157 −3.4% year over year
Median sales price $294,790 +0.3% year over year
Average sales price $387,801 −1.4% year over year
Days on market 65 +4.8% year over year
Inventory 5,740 −6.0% year over year
Months supply 5.7 −12.3% year over year

Year-to-date through June

Through June 2026, the report shows 11,028 new listings, 6,706 pending sales, and 6,015 closed sales. The year-to-date median sales price is $285,175, compared with $279,915 through June 2025.

These figures provide market context, not a valuation of an individual property. Condition, location, improvements, insurance questions, and comparable properties can change the right strategy.

Return to Market Updates → · Contact Jonathan →

Figures are rounded. Price metrics do not account for sale concessions or downpayment assistance.

Call Text Contact