184 census tracts
New Orleans.Louisiana housing market
This New Orleans housing market report covers about 195,600 homes across 184 census tracts. Home price growth runs at 0.2% a year, the slowest of the 139 markets PriceDNA tracks, against the Louisiana median of 1.8%. For August 2026, the average listing price is $456,810 across 1,867 active listings (Realtor.com Economic Research, Monthly Housing Inventory).
- Average listing price
- $456,810 1,867 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
- Approximate homes
- 195,600 across 184 assigned tracts
- Renter-occupied
- 49% of occupied homes
New Orleans housing market context
- 20.3% of homes are vacant, the 2nd highest share of the 139 markets.
- Rent takes 37.1% of household income at the median (its rent-to-income ratio), higher than in 135 of the 139 markets, against the Louisiana median of 33.3%.
- Population fell 1.1% a year from 2020 to 2025, slower than in 133 of the 137 markets with Census population estimates.
These are city-level figures. To see how one property measures up against your goal, run a specific address.
Location score distribution
How location scores vary across 184 census tracts in New Orleans.
Half of New Orleans's tracts score between 62 and 68. The full range spans 51 to 74, with a median of 65.0.
What the location score shows
PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.
The middle half of New Orleans's tracts is 6.1 points wide on the score, narrower than in 78 of the 139 markets PriceDNA tracks.
To see the location score for your specific property, analyze a property
Housing composition
Key housing statistics for approximately 195,600 homes in New Orleans, including occupancy, tenure, and structure type.
Of about 195,600 homes, 20.3% are vacant. Among occupied homes, 49% are renter-occupied, providing context on the size of the local rental base.
By structure type, about 56% of New Orleans’s housing units are in single-family structures, 23% in small multifamily buildings (2 to 4 units), and 21% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.
How New Orleans compares
New Orleans's median is above the Louisiana median on 5 of these 8 measures and above the U.S. median on 4. The city range shows the lower quarter, median and upper quarter of its census tracts.
| Metric | New Orleans lower · median · upper New Orleans | Louisiana LA | United States US |
|---|---|---|---|
|
Census ACS B19013 · 2020 to 2024
|
$44,390 $58,347 $74,719 | $60,264 | $77,171 |
|
Census ACS B15003 · 2020 to 2024
|
35% 46% 61% | 31% | 41% |
|
Census ACS B01001 · 2020 to 2024
|
33% 35% 39% | 32% | 32% |
|
FHFA HPI · 2025
|
0.2% every tract | 1.8% | 5.2% |
|
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
|
3.2% 3.6% 4.0% | 2.6% | 3.8% |
|
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
|
1.26% every tract | 1.26% | 1.65% |
|
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
|
1.09% 1.33% 1.69% | 1.28% | 0.56% |
|
Census ACS B25064 + B19013 · 2020 to 2024
|
32.5% 37.1% 40.5% | 33.3% | 30.8% |
About this data
PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.
Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.
The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.
These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.
Nearby markets
Market pages for other cities within 300 miles.
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