70126 — Orleans Parish, Louisiana Market Snapshot
Housing market data for zip code 70126 in Orleans Parish, Louisiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
26 sales in 2026 (year to date)
Median Sale Price
$178,250
Days to Sell
149
Homes Sold
26
Inventory
79
Sale-to-List
98.7%
New Listings
64
Price/SqFt
$108
Pending Sales
47
Conforming Loan Available
Most homebuyers in 70126 can comfortably use conventional financing. The median home price of $178,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 149 days on average, 70126 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 70126 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 70126 can comfortably use conventional financing. The median home price of $178,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 70126 are set at the county level.
2026 Loan Limits — Orleans Parish
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 70126
To purchase the median home at $178,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,516.
Monthly Payment
$1,516
Income Required
$64,958
Principal & Interest
$1,098/mo
Down Payment (5%)
$8,913
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 70126.
Estimated Monthly Payment
$1,253
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 70126. Tell us what you're looking for.