Orleans Parish, LA Housing Market Brief
county · LA · as of August 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.
Where is Orleans Parish, LA in its market cycle?
Orleans Parish, LA is classified as Emerging — early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Orleans Parish, LA?
Our model forecasts Orleans Parish, LA’s home prices to decline about 1.8% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Orleans Parish, LA housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $344K | ▲ +5.8% |
| Median Days on Market | 65 days | ▼ -15.6% |
| Months of Supply | 7.7 | ▼ -4.9% |
| Homes for Sale | 2,200 | ▼ -9.5% |
| Homes Sold | 296 | ▼ -4.2% |
| Median Price / Sq Ft | $217 | ▲ +17.1% |
How has Orleans Parish, LA’s Alpha Score moved?
Markets like Orleans Parish, LA
- Henderson County, NC, NCcounty36
- Franklin County, NC, NCcounty43
- Nye County, NV, NVcounty35
- Orange County, FL, FLcounty39
- Yellowstone County, MT, MTcounty43
- Thurston County, WA, WAcounty39
- Skagit County, WA, WAcounty39
- Clark County, NV, NVcounty40
- Brazos County, TX, TXcounty34
- Tippecanoe County, IN, INcounty45
Frequently asked questions
Is Orleans Parish, LA a buyer's or seller's market?
As of August 2026, Orleans Parish, LA is classified as a Buyer's Market, based on its Alpha Score of 39 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 $344K, having risen 5.8% over the past year.
How affordable is Orleans Parish, LA?
Orleans Parish, LA scores 14 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 (66/100) and its weakest is Affordability (14/100). 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.