The New Orleans metro space housing market wrapped up 2025 with encouraging momentum, posting year-to-date (YTD) good points in each residence gross sales and costs, based on the December 2025 Native Market Replace printed by the New Orleans Metropolitan Affiliation of REALTORS (NOMAR).

Realtors closed 11,865 residence gross sales within the New Orleans metro space in 2025, a rise of 1.7% from the 2024 whole of 11,668 closed gross sales. The typical gross sales worth in New Orleans metro was $357,833, up 4% from the 2024 common gross sales worth of $344,232.
Houses averaged 68 days available on the market in 2025, which was up 9.7% from the typical DOM of 62 in 2024. There have been 20,967 new listings in 2025, down 4.2% in comparison with the 21,895 listings in New Orleans metro in 2024.

Each month, NOMAR consists of statistics for the 10-parish New Orleans metro space – Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. John, St. James, St. Tammany, Tangipahoa, and Washington.

When it comes to year-over-year (YoY) comparisons within the New Orleans metro space, closed gross sales have been down 3.9% with 964 closed gross sales reported in December 2025, however the common gross sales worth was up 2.5% YoY with a mean worth of $368,778 reported in December. Houses averaged 74 days available on the market in December 2025, up 12.1% YoY. There have been 1,0654 new listings within the New Orleans metro space in December 2025, down 7.8% YoY.

St. Tammany, Jefferson, and Orleans Parishes present annual good points

The annual statistics for St. Tammany, Jefferson, and Orleans Parish housing markets all mirrored the closed gross sales and worth will increase skilled within the New Orleans metro space.

St. Tammany Parish turned in a double-digit proportion improve in closed gross sales with 3,587 accomplished transactions in 2025, up 10.8% YTD. The typical gross sales worth for a St. Tammany residence was $366,361 in 2025, up 1.9% YTD.
In Orleans Parish, there have been 2,653 closed gross sales in 2025, which was up 2.4% YTD. The typical gross sales worth for an Orleans Parish residence was $467,252 in 2025, which was up 2% YTD.

Jefferson Parish had a 6.8% YTD improve in its common gross sales worth with a house promoting for a mean of $330,892 in 2025. Jefferson Parish was the lone main parish to indicate a YTD lower in closed gross sales, albeit barely. There have been 3,209 closed gross sales in Jefferson Parish final 12 months, which was down 2% YTD.

In response to Freddie Mac, the 30-year mounted mortgage charges remained round 6.15% all through 2025, whereas 15-year mounted mortgage charges averaged round 5.5%. Buy functions are up over 20% from a 12 months in the past. As of Jan. 8, the 30-year fixed-rate mortgage was 6.16%. A 12 months in the past, right now, the 30-year FRM averaged 6.93%. The 15-year fixed-rate mortgage is 5.46%, in comparison with 6.14% for a 15-year FRM right now final 12 months.