The New Orleans-Metairie market right now
Sales figures: Redfin Data Center, market tracker (Redfin, a national real estate brokerage), New Orleans, LA metro area, May 2026, all residential property types. Typical value: Zillow Home Value Index (ZHVI), Zillow Research, August 2026, mid-tier homes, seasonally adjusted. These are area-wide figures, not a value for any one home.
With about 4.8 months of supply, this is a fairly balanced market by the usual rule of thumb, and homes sold for about 3.7% below their list price on average.
Show the numbers
| Month | Median sale price |
|---|---|
| May 2026 | $302,400 |
| Apr 2026 | $300,500 |
| Mar 2026 | $290,000 |
| Feb 2026 | $297,500 |
| Jan 2026 | $285,000 |
| Dec 2025 | $290,000 |
| Nov 2025 | $275,000 |
| Oct 2025 | $290,000 |
| Sep 2025 | $285,000 |
| Aug 2025 | $279,900 |
| Jul 2025 | $280,000 |
| Jun 2025 | $299,900 |
| May 2025 | $292,900 |
| Apr 2025 | $285,000 |
| Mar 2025 | $284,950 |
| Feb 2025 | $287,500 |
| Jan 2025 | $279,900 |
| Dec 2024 | $285,000 |
| Nov 2024 | $277,535 |
| Oct 2024 | $279,000 |
| Sep 2024 | $275,462 |
| Aug 2024 | $275,000 |
| Jul 2024 | $283,250 |
| Jun 2024 | $290,500 |
| May 2024 | $295,000 |
Source: Redfin Data Center, New Orleans, LA metro area. Monthly figures, not seasonally adjusted, so some ups and downs are just the time of year.
What the metro area covers
The Census Bureau counts about 966,230 people in the New Orleans-Metairie, LA metro area, across 7 counties. Property taxes, recording fees and some transfer taxes are set county by county, so check the county your home is in.
| County | Population (2024 estimate) |
|---|---|
| Jefferson Parish, LA | 427,253 |
| Orleans Parish, LA | 362,701 |
| St. Charles Parish, LA | 50,400 |
| St. Bernard Parish, LA | 44,783 |
| St. John the Baptist Parish, LA | 39,694 |
| Plaquemines Parish, LA | 22,289 |
| St. James Parish, LA | 19,110 |
Towns with the most ZIP codes in the area: New Orleans, Metairie, Kenner, Gretna, Harvey, Marrero, Westwego, Belle Chasse, Chalmette, La Place, Barataria, Lafitte.
Population and counties: U.S. Census Bureau, Vintage 2024 population estimates and 2023 metro delineations.
Louisiana rules that affect sellers
Transfer tax
Louisiana has no state real estate transfer tax, and the state constitution (Article VII, Section 2.3) bars the state and local governments from adopting any new tax or fee on the sale or transfer of immovable property after November 30, 2011. Local charges that existed before then were not affected, so a few remain, such as New Orleans' flat $325 documentary transaction tax. Who pays any local charge is negotiable.
Local add-ons: Pre-2011 local charges survive in some places, for example the City of New Orleans' flat $325 documentary transaction tax on recorded sales. Recording fees are not treated as transfer taxes.
Source: Louisiana Constitution of 1974, Article VII, Section 2.3 (Louisiana State Senate)
Seller disclosure
Yes. Under La. R.S. 9:3198, a seller of residential real property (or vacant residential property) must complete a property disclosure document in a form prescribed by the Louisiana Real Estate Commission, or one containing at least the Commission's minimum language, and deliver it no later than when the buyer makes an offer. The document is for disclosure only and is not a warranty by the seller.
Who handles the closing
Louisiana law requires a transfer of immovable property to be made in writing, by authentic act (signed before a notary public) or by act under private signature, and it binds third parties only once filed in the parish records. In practice, closings are commonly run by title companies and closing notaries, many of whom are attorneys; confirm the arrangement with your title company or attorney.
Source: Louisiana Civil Code Article 1839 (Louisiana State Legislature)
Also worth knowing
If the property disclosure document is delivered after the buyer makes an offer, the buyer may withdraw the offer or terminate the contract within 72 hours of receiving it, not counting weekends and holidays.
Also worth knowing
In New Orleans, a flat $325 documentary transaction tax applies to recorded documents transferring real estate, including sales, collected through the Notarial Archives.
Source: Orleans Parish Civil District Court Clerk, Documentary Transaction Tax
Checking an agent's license
Real estate agents in Louisiana are licensed by the Louisiana Real Estate Commission. You can look up any agent before you work with them.
Rules checked 2026-09-30. They change, and local practice varies: confirm with your title company, closing attorney or agent before relying on them. This is general information, not legal or tax advice.