09/09/2026
🏡 AUGUST 2026 | NEW ORLEANS REAL ESTATE MARKET UPDATE
The New Orleans-area real estate market continues to shift, giving buyers a little more breathing room while making pricing and preparation especially important for sellers.
Here’s what we’re seeing in August:
🏠 Around 4,000 Active Listings
There are more homes available for buyers to consider, giving them more choices and less pressure to make a quick decision.
💰 $289,900 Median List Price
Median asking prices were down **8% compared with August 2025**, creating more opportunities for buyers who are watching the market closely.
⏱️ 82 Days on Market
Homes are taking longer to sell, which means sellers need to be strategic about pricing, presentation and marketing from day one.
So, what does this mean for you?
✨ SELLERS: This is not a market where you want to “test the waters” with an overly ambitious price. Strategic pricing, strong presentation and a thoughtful marketing plan can make a major difference.
✨ BUYERS: You may have more negotiating power than you did a few years ago. More choices and longer market times can create opportunities but the right homes can still move quickly.
Most importantly, real estate is LOCAL. The numbers for the entire New Orleans area don't tell the whole story. Lakeview, Lake Vista, Uptown, Metairie, Old Metairie and the Northshore can all experience very different market conditions.
Thinking about making a move before the end of the year? We'd love to help you understand what the market means for your home, your neighborhood and your goals. 🏠
Robyn and Amanda
Robyn S Bruno, Assoc Broker
504.452.7789
Amanda C Swift, Realtor
504.909.9070
BrunoSwift.com
Mirambell Realty
3232 Metairie Road
Metairie, Louisiana 70001
Mbellrealty.com | 504.899.9850
Licensed in Louisiana