New Orleans Real Estate: What You Need to Know This Week
Listings, market trends, and straight answers from a local Realtor
Welcome to another weekly New Orleans market dispatch covering local real estate market data, news and what's happening with active listings. No fluff, just what you need to navigate the market with clarity and confidence.
New Orleans Has 14 Months of Condo Inventory. Fannie Mae Is About to Make It Harder to Buy One.
Every festival season I get the same calls. Out-of-state buyers who fell in love with New Orleans over a long weekend asking about condos. This year I’m telling them something different. The market is soft, the inventory is deep, and the rules around financing a condo are about to change in ways most buyers and sellers don’t know about yet.
3603 Ole Miss Dr | Kenner (University City)
$399,000
4 bed · 3 bath · 2,415 sq ft · Built 2013
A well-built 2013 home near Alexander Elementary with hardwood floors throughout, a gas fireplace, granite and stainless kitchen, first-floor office, 4 upstairs bedrooms, whole-house generator, and a 2-car garage. Low flood insurance, large fenced backyard. Only 7 days on market. Check it out here!
How to Buy a Short-Term Rental in New Orleans
Most people assume buying an Airbnb works like buying any other house. You find a property, make an offer, close, and start hosting. In New Orleans, that’s not how it works, and if you don’t understand why, you could buy a property and lose the rental license in the process.
The $250K New Orleans Buyer Report April 2026
If you’re shopping around the $250K range, here’s what that budget actually buys in Orleans Parish right now: a Tremé shotgun, an Algiers Point classic, a Gentilly cottage, and two condos sitting right on the edge of the French Quarter.
Congratulations to our Clients!
4420 Venus St | New Orleans (Gentilly Terrace)
3 bed · 1.5 bath · 1,918 sq ft · Built 1945 · Georgian brick
A classic raised brick home in historic Gentilly Terrace with wood floors, a bright sunroom, brick patio, and generous backyard.
240 Silver Maple Dr | Mandeville (Beau Rivage)
4 bed · 3 bath · 2,534 sq ft · Effectively rebuilt 2023 · French Country
A beautifully updated home on 0.41 acres in sought-after Beau Rivage. Brand-new roof, LVP flooring, quartz kitchen, primary suite with screened patio, and a large backyard with deck.
Every week I publish what's actually happening in the New Orleans real estate market, the data, the deals, and the things most agents won't tell you. If you're thinking about buying, selling, or investing in the metro, you probably have questions. I probably have the answer. Hit reply or grab a time on my calendar, no pitch, just a conversation.
- Phil
Philip Ewbank · Licensed Realtor · Keller Williams Realty New Orleans
License #0995700196 · Each office independently owned and operated.