New Orleans home sales and prices rise in April
May 12, 2026
KEY TAKEAWAYS:
New Orleans-area closed home sales increased 6.2% year over year in April 2026.
The metro average home sales price rose 4.7% to $375,706.
Orleans Parish saw an 8.3% increase in closed sales and faster market times.
Jefferson Parish posted a 14.2% jump in average sales price desp
ite flat sales volume.
As the spring selling season wraps up and the residential market moves toward summer, April delivered a solid month for New Orleans-area home sales. Closed sales rose 6.2% year over year, while the average sales price increased 4.7%, according to the April 2026 Local Market Update from the New Orleans Metropolitan Association of Realtors.
Each month, NOMAR compiles statistics for the 10-parish New Orleans metro area, which includes Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. John, St. James, St. Tammany, Tangipahoa and Washington.
Realtors closed 1,120 sales in April 2026, up from 1,055 transactions in April 2025. The average sales price across metro New Orleans rose to $375,706, up from $358,846 a year earlier. New listings increased, climbing 1.5% to 2,177, and homes moved more quickly in April, with average days on market falling 12% to 66 days.
The metro market remains ahead of last year. Closed sales totaled 3,697 through April, up 8.5% compared with the same period in 2025, while the year-to-date average sales price rose 4.4% to $369,973. New listings were up 3.7% year to date, though homes continued to spend slightly more time on the market overall, with average days on market increasing 4.1% to 76 days.
According to Freddie Mac, the 30-year fixed mortgage rate averaged 6.37%, up from 6.30% the previous week. The 15-year fixed mortgage rate averaged 5.72%, up from 5.64%. A year ago at this time, the 30-year fixed-rate mortgage averaged 6.76%, while the 15-year fixed-rate mortgage averaged 5.89%.
Orleans Parish
Orleans Parish posted a strong month in April, with both sales and prices moving higher while homes sold faster than a year earlier. Closed sales rose 8.3% year over year to 260 transactions, up from 240 in April 2025, even as new listings dipped 3.2% to 612. Average sales prices rose 3.3% to $494,932, while days on market fell sharply, down 29.2% to 68 days.
Year to date, Orleans Parish remains positive across the board. Closed sales are up 7.4% through April, while the average sales price has increased 8.4% to $496,683. New listings are down slightly, by 1.3%, and average days on market have improved 5.7% to 82 days.
Jefferson Parish
Jefferson Parish posted one of the metro area’s strongest price gains in April, even as sales were essentially flat. Closed sales slipped 1% to 291 transactions, while new listings rose just 0.6% to 536. The average sales price, however, jumped 14.2% year over year to $366,139. Days on market inched up 1.6% to 62 days.
Year to date, Jefferson Parish remains in positive territory, with closed sales up 3.4% and the average sales price up 7.8% to $347,377. New listings are nearly flat, down 0.3%, while average days on market have increased 16.9% to 69 days.
St. Tammany Parish
St. Tammany Parish continued to post healthy transaction growth in April, even as average sales prices remained roughly flat. Closed sales rose 5.6% year over year to 338, while new listings increased 3.6% to 626. The average sales price dipped just 0.6% to $372,353, and homes sold faster, with days on market falling 10.3% to 61 days.
Year to date, St. Tammany remains one of the region’s strongest performers in transaction volume. Closed sales are up 17.1% through April, while new listings have increased 7.9%. The average sales price is down 2.7% year to date to $362,589, and days on market have increased slightly, up 2.9% to 71 days.
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