New Orleans Home Prices Surge Amid Slower Sales
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New Orleans metro home prices surged 7.7% in February 2026, reaching $372,748, despite a 12.8% drop in closed sales. Jefferson Parish saw the biggest jump, with prices soaring 23.1% despite a 10.6% fall in sales. Orleans Parish prices remained nearly flat at $453,701, but sales plummeted 30.2%. St. Tammany Parish prices edged up 2.9% as sales dipped slightly. Mortgage rates held steady, but affordability remains a challenge in the ten-parish region.
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