Current Price

$231,407

1 Month Forecast

â–² $246,351

1-Year Forecast *

â–² $259,520

5-Year Forecast *

â–² $238,816

"Is it a good time to buy homes in New Orleans?" "Does investing in real estate in New Orleans (Louisiana State, Orleans Parish County) worth it?" According to our live Forecast System, buying a house in New Orleans is a good short-term (1-year) investment*. The New Orleans average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "New Orleans" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in New Orleans in Louisiana State, Orleans Parish County. If you are looking for homes for sale with good flipping profit, New Orleans can be a profitable property investment option. The median price of an average house in New Orleans was 231,407 USD on 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New Orleans" area is 238,816 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +3.20% meaning that investing 100000 USD today may yield a profit of 3,202 USD by 2031.

Current Median Listing Price: 231,407 USD Median Listing Price Per Square Foot: 129 USD

New Orleans Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

New Orleans (Louisiana State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

New Orleans Price Target

New Orleans median home price target in 12 months: $259,520* (upside of 12.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $249,500 $244,690 $244,690 $249,500
2024 $240,335 $231,407 $231,091 $240,335
2023 $260,288 $242,648 $242,648 $260,288
2022 $258,353 $263,642 $258,353 $274,898
2021 $234,673 $255,981 $234,673 $255,981
2020 $220,807 $232,011 $220,807 $232,011
2019 $197,634 $218,882 $197,634 $218,882
2018 $191,242 $195,369 $191,242 $195,971
2017 $193,672 $190,084 $189,664 $193,672
2016 $185,893 $193,868 $185,893 $193,868
2015 $162,787 $183,073 $162,787 $183,073
2014 $167,309 $161,230 $159,173 $167,740
2013 $150,109 $164,922 $150,109 $164,922
2012 $130,879 $149,515 $130,841 $149,515

Questions & Answers about the New Orleans Housing Market Forecast

How much does an average home cost in New Orleans today?

The value of an average home (the listing price) in New Orleans is $231,407 USD.

What is the average price per square foot in New Orleans?

According to Walletinvestor the median price per square foot in New Orleans is 129 USD.

Will the median listing price of homes in New Orleans grow / rise / go up?

Yes. The New Orleans home prices may rise from 231,407 USD to 259,520 USD in one year.

Is it profitable to invest in New Orleans homes?

Yes. The long-term profit potential is +12.15% in one year.

Will New Orleans house prices fall / drop?

No. See above.

What is the predicted price of a New Orleans home in 2030?

The predicted home sales price of a New Orleans home in 2030 in New Orleans is 234,643 USD.

What is the predicted price of a New Orleans home in 2035?

The predicted home sales price of a New Orleans home in 2035 in New Orleans is 220,445 USD.

Will real estate prices decrease in New Orleans?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New Orleans is the 61. largest city in the United States, located in Louisiana State.

During the last 12 months the real estate prices in Orleans Parish, New Orleans decreased, looking at the past 12 months.

According to Walletinvestor's New Orleans real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.024% to 231,407 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 14.039% in 2021
  • 10.909% in 2022
  • 11.839% in 2023
  • 13.229% in 2024
  • 12.299% in 2025
  • 11.629% in 2026

Based on our New Orleans real estate market research and report the predicted sales prices will increase by 214.733% in the next 10 years.

Over the last 12 months, the value of homes in New Orleans fluctuated: decreasing 5 times.

New Orleans (Louisiana) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
New Orleans Housing Market Forecast with Real Estate Prices for 2025
August 2025 246351 230584 262117
September 2025 248023 234382 261664
October 2025 249706 232227 267186
November 2025 251401 234809 267994
December 2025 253100 239179 267020
New Orleans Housing Market Forecast with Real Estate Prices for 2026
January 2026 253397 239460 267334
February 2026 253314 237862 268766
March 2026 253497 230429 276565
April 2026 254516 239499 269532
May 2026 256033 239902 272163
June 2026 257770 244624 270917
July 2026 259520 244468 274572
August 2026 261282 237766 284797
September 2026 263055 241222 284889
October 2026 264841 239946 289736
November 2026 266611 250348 282874
December 2026 266913 251432 282394
New Orleans Housing Market Forecast with Real Estate Prices for 2027
January 2027 265822 252266 279379
February 2027 264085 244807 283363
March 2027 262358 239008 285708
April 2027 260643 245265 276021
May 2027 258939 244439 273440
June 2027 257247 238468 276026
July 2027 255565 238953 272177
August 2027 253894 237899 269890
September 2027 252897 239999 265794
October 2027 252805 236625 268984
November 2027 252689 239044 266335
December 2027 251819 228148 275490
New Orleans Housing Market Forecast with Real Estate Prices for 2028
January 2028 250575 225518 275633
February 2028 248937 233752 264122
March 2028 247310 226288 268331
April 2028 245693 232671 258715
May 2028 244087 227733 260441
June 2028 242491 227699 257283
July 2028 240906 226211 255601
August 2028 239883 218054 261713
September 2028 239593 222343 256844
October 2028 239416 215713 263118
November 2028 238566 217572 259560
December 2028 237311 218326 256295
New Orleans Housing Market Forecast with Real Estate Prices for 2029
January 2029 235828 216018 255637
February 2029 234670 218947 250393
March 2029 233655 220570 246740
April 2029 233316 217917 248715
May 2029 233634 216579 250690
June 2029 235220 217579 252862
July 2029 234643 214229 255057
August 2029 233357 220756 245959
September 2029 232265 213684 250846
October 2029 231355 212384 250326
November 2029 230876 208943 252810
December 2029 230685 215229 246141
New Orleans Housing Market Forecast with Real Estate Prices for 2030
January 2030 232251 216458 248044
February 2030 233828 216992 250663
March 2030 235415 220819 250011
April 2030 237013 221133 252893
May 2030 238614 223342 253885
June 2030 238894 219544 258245
July 2030 238816 216606 261026
August 2030 238988 217718 260258
September 2030 239949 227951 251946
October 2030 241379 226896 255862
November 2030 243017 220174 265861
December 2030 244667 228519 260815
New Orleans Housing Market Forecast with Real Estate Prices for 2031
January 2031 246328 222926 269729
February 2031 248000 227912 268088
March 2031 249683 230957 268409
April 2031 251352 233255 269449
May 2031 251637 226725 276549
June 2031 250608 226801 274416
July 2031 248970 224820 273120
August 2031 247343 233739 260946
September 2031 245726 221153 270298
October 2031 244119 222149 266090
November 2031 242523 224334 260713
December 2031 240938 219735 262141
New Orleans Housing Market Forecast with Real Estate Prices for 2032
January 2032 239363 220932 257794
February 2032 238422 219587 257258
March 2032 238336 214741 261931
April 2032 238227 224648 251806
May 2032 237406 217464 257349
June 2032 236234 217335 255133
July 2032 234690 215210 254169

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.