New Orleans, LA · Market Snapshot

New Orleans, Louisiana market snapshot.

New Orleans sits in Orleans County, Louisiana. It's home to roughly 376,035 residents. The Census Bureau puts New Orleans's median home value at $296,400, while Orleans County's median listing price runs $324,500, down about 1.4% over the past year.

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At a glance

New Orleans market snapshot

Population

376,035

Median Household Income

$55,339

Median Home Value (city)

$296,400

Median Listing Price (Orleans County)

$324,500

Median Gross Rent

$1,211/mo

Price Trend (YoY)

-1.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts New Orleans's median home value — across all owner-occupied homes, not just recent sales — at $296,400. Separately, Orleans County's current median listing price (via Realtor.com data, 2026-06-01) runs $324,500. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

Regional Price Trend

FHFA's House Price Index for New Orleans-Metairie, LA shows a -1.4% year-over-year change in its most recent quarter. Orleans County's own annual index shows a -1.39% change in 2025.

Population & Income

New Orleans has an estimated population of 376,035 and a median household income of $55,339, per the Census Bureau's American Community Survey (2023 5-year estimate).

Featured · New Orleans, LA

New Orleans new-home communities

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