37Alpha

Orleans Parish, LA Housing Market Brief

county · LA · as of May 2026

Buyer's

What is Orleans Parish, LA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-6.633
Inventory Health25%
+3.046
Affordability20%
5
Economic Strength20%
-3.159
Rental Yield15%
39

Where is Orleans Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Orleans Parish, LA is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Orleans Parish, LA housing market data

MetricValueYoY
Median Sale Price$355K▲ +1.7%
Median Days on Market54 days-18.2%
Months of Supply5.8-21.6%
Homes for Sale2,168-17.2%
Homes Sold376▲ +6.5%
Median Price / Sq Ft$208▲ +6.1%
Sale-to-List Ratio95.5%▲ +0.1%

How has Orleans Parish, LA’s Alpha Score moved?

Now: 37
3-period trend
Median sale price · 12 mo

Markets like Orleans Parish, LA

Frequently asked questions

Is Orleans Parish, LA a buyer's or seller's market?

As of May 2026, Orleans Parish, LA is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Orleans Parish, LA?

The median sale price in Orleans Parish, LA is $355K, having risen 1.7% over the past year.

How affordable is Orleans Parish, LA?

Orleans Parish, LA scores 5 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Orleans Parish, LA's Alpha Score?

Orleans Parish, LA's strongest dimension is Economic Strength (59/100) and its weakest is Affordability (5/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Orleans Parish, LA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.