All Home Types
New Orleans, LA Housing Market
What is the housing market like in New Orleans today?
In October 2024, New Orleans home prices were up 0.5% compared to last year, selling for a median price of $313K. On average, homes in New Orleans sell after 111 days on the market compared to 88 days last year. There were 213 homes sold in October this year, down from 234 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$313,000
+0.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
New Orleans, LA
$313,000
+0.5%
United States
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New Orleans Migration & Relocation Trends
In Sep '24 - Nov '24, 28% of New Orleans homebuyers searched to move out of New Orleans, while 72% looked to stay within the metropolitan area.
- Across the nation, 0.37% of homebuyers searched to move into New Orleans from outside metros.
- Los Angeles homebuyers searched to move into New Orleans more than any other metro followed by New York and Washington.
Where are people moving to New Orleans from?
- 72% of New Orleans homebuyers searched to stay within the New Orleans metropolitan area.
- Pittsburgh was the most popular destination among New Orleans homebuyers followed by Gulfport and Pensacola.
Where are people from New Orleans moving to?
Number of People Moving to New Orleans
least
most
People are moving to New Orleans from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 293 | ||
| 2 | 203 | ||
| 3 | 170 | ||
| 4 | 156 | ||
| 5 | 154 | ||
| 6 | 102 | ||
| 7 | 101 | ||
| 8 | 97 | ||
| 9 | 93 | ||
| 10 | 77 | ||
People are leaving New Orleans for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 239 | ||
| 2 | 136 | ||
| 3 | 54 | ||
| 4 | 50 | ||
| 5 | 43 | ||
| 6 | 42 | ||
| 7 | 39 | ||
| 8 | 24 | ||
| 9 | 20 | ||
| 10 | 16 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New Orleans.
Provided by First Street Foundation
Transportation in New Orleans
Learn about the walkability, bikeability, and transit-friendliness of New Orleans
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Bikeable
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