Orleans Parish, LA Housing Market Brief
county · LA · score computed October 2026
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.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Orleans Parish, LA in its market cycle?
Orleans Parish, LA is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Orleans Parish, LA?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Orleans Parish, LA housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $304K | ▲ +0.1% | Redfin |
| Median Days on Market | 74 days | ▼ -22.9% | Redfin |
| Months of Supply | 8.0 | ▲ +8.1% | Redfin |
| Homes for Sale | 2,137 | ▼ -6.6% | Redfin |
| Homes Sold | 266 | ▼ -13.4% | Redfin |
| Median Price / Sq Ft | $178 | ▼ -2.3% | Redfin |
How has Orleans Parish, LA’s Alpha Score moved?
Markets like Orleans Parish, LA
Frequently asked questions
Is Orleans Parish, LA a buyer's or seller's market?
In the scores computed October 2026, Orleans Parish, LA is classified as a Buyer's Market, based on its Alpha Score of 26 out of 100. The classification reflects current price, building, 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 $304K, having held roughly steady over the past year, according to Redfin.
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 (67/100) 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.