Housing market · ZIP 70116

New Orleans, LA Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$306,608

3-month+1.8%

6-month+2.0%

12-month+1.6%

Touse 12-month forecast

+3.2%

Projected median near $316,283 over the next 12 months

As of April 2026, the median home value in New Orleans, LA (ZIP 70116) is $306,608. Prices are stable, up 1.6% over the past year. Touse's model projects a +3.2% change over the next 12 months, putting the median near $316,283.

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Nearby areas in Orleans

New Orleans 70112 New Orleans 70113 New Orleans 70114 New Orleans 70115 New Orleans 70117 New Orleans 70118 New Orleans 70119 New Orleans 70122

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.