New Orleans home values (September 2026)

The typical home in the New Orleans, LA metro is worth $257,067, +1.6% over the last 12 months. Updated monthly from Zillow Research data.

Typical value: $257,067
1-year change: +1.6%
5-year change: -7.1%
10-year change: +14.8%

Typical home value, New Orleans metro, last 10 years. Source: Zillow Research (ZHVI).

Where New Orleans stands

#84 most expensive of the 100 largest U.S. metros; #46 by 1-year price growth.
12% below its peak of $292,222 in July 2022.

Home equity in New Orleans

At an 85% combined loan-to-value cap, a typical $257,067 home supports up to $218,507 of total borrowing. With a typical mortgage still owed, about $74,550 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.

Compare nearby metros

Baton Rouge, LA — $246,247 (+2.7% 1-yr)
Birmingham, AL — $260,710 (+2.4% 1-yr)
Greensboro, NC — $260,556 (+0.8% 1-yr)
Columbia, SC — $252,979 (+1.6% 1-yr)
Tulsa, OK — $251,771 (+3.1% 1-yr)

Frequently asked questions

What is the typical home value in New Orleans?

The typical home in the New Orleans, LA metro area is worth about $257,067 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #84 of the 100 largest U.S. metros.

Are home prices in New Orleans going up or down?

Over the past 12 months the typical value changed +1.6% (#46 of 100 large metros by 1-year growth). Over 5 years it changed -7.1%, and over 10 years +14.8%. Values are 12% below the peak of $292,222 set in July 2022.

How much home equity could a New Orleans homeowner borrow against?

Lenders typically cap combined loan-to-value at about 85%. On a typical $257,067 home that's $218,507 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $74,550 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.

Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.