New Orleans-Metairie, LA
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is new orleans on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real −0.5%
nominal -0.5%
Five years
Five years real −6.3%
nominal +8.5%
Ten years
Ten years real +7.8%
nominal +40.9%
Twenty-five years
Twenty-five years real +36.8%
nominal +142.4%
Since 2000
Since 2000 real +40.5%
nominal +156.0%
2007 to 2012
crash, real −21.1%
2007Q1 to 2011Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 435.7 | 435.7 | real year on year −2.0% |
| 2025 Q4 | 444.8 | 444.8 | real year on year +5.9% |
| 2024 Q4 | 420.2 | 420.2 | real year on year −5.8% |
| 2023 Q4 | 433.4 | 446.2 | real year on year −4.2% |
| 2022 Q4 | 434.5 | 465.7 | real year on year −2.2% |
| 2021 Q4 | 411.3 | 476.2 | real year on year +3.6% |
| 2020 Q4 | 379.1 | 459.5 | real year on year +5.9% |
| 2019 Q4 | 353.6 | 433.9 | real year on year +3.3% |
| 2018 Q4 | 336.1 | 419.9 | real year on year +1.6% |
| 2017 Q4 | 322.8 | 413.1 | real year on year +2.1% |
| 2016 Q4 | 309.5 | 404.5 | real year on year +1.9% |
| 2015 Q4 | 300.0 | 397.1 | real year on year +9.4% |
| 2014 Q4 | 274.0 | 363.1 | real year on year +1.1% |
| 2013 Q4 | 266.6 | 359.1 | real year on year +5.2% |
| 2012 Q4 | 249.8 | 341.3 | real year on year −1.0% |
| 2011 Q4 | 247.2 | 344.7 | real year on year +0.7% |
| 2010 Q4 | 237.9 | 342.2 | real year on year −2.2% |
| 2009 Q4 | 239.2 | 349.8 | real year on year −4.4% |
| 2008 Q4 | 251.1 | 365.8 | real year on year −6.4% |
| 2007 Q4 | 258.4 | 390.9 | real year on year −7.1% |
| 2006 Q4 | 270.3 | 420.6 | real year on year +2.2% |
| 2005 Q4 | 256.2 | 411.5 | real year on year +7.3% |
| 2004 Q4 | 231.0 | 383.6 | real year on year +5.5% |
| 2003 Q4 | 213.2 | 363.5 | real year on year +5.5% |
| 2002 Q4 | 197.5 | 344.4 | real year on year +4.2% |
| 2001 Q4 | 186.6 | 330.6 | real year on year +3.3% |
| 2000 Q4 | 175.6 | 319.9 | real year on year +2.8% |
| 1999 Q4 | 165.2 | 311.1 | real year on year +0.6% |
| 1998 Q4 | 160.7 | 309.3 | real year on year +5.8% |
| 1997 Q4 | 149.6 | 292.3 | real year on year +1.9% |
| 1996 Q4 | 143.4 | 286.8 | real year on year +2.3% |
| 1995 Q4 | 136.2 | 280.4 | real year on year +6.0% |
| 1994 Q4 | 125.0 | 264.5 | real year on year +0.2% |
| 1993 Q4 | 121.5 | 263.9 | real year on year +2.9% |
| 1992 Q4 | 114.7 | 256.4 | real year on year +3.8% |
| 1991 Q4 | 107.3 | 247.1 | — |
2026 Q2436 · real 436real year on year −2.0%
2025 Q4445 · real 445real year on year +5.9%
2024 Q4420 · real 420real year on year −5.8%
2023 Q4433 · real 446real year on year −4.2%
2022 Q4435 · real 466real year on year −2.2%
2021 Q4411 · real 476real year on year +3.6%
2020 Q4379 · real 460real year on year +5.9%
2019 Q4354 · real 434real year on year +3.3%
2018 Q4336 · real 420real year on year +1.6%
2017 Q4323 · real 413real year on year +2.1%
2016 Q4309 · real 405real year on year +1.9%
2015 Q4300 · real 397real year on year +9.4%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 35380. Real terms by the World Bank's US consumer price index, annual.