70005 Home Values & Market Trends

There are 34 homes currently listed for 70005. 70005 real estate market trends show that home prices range from $112,000 to $2,900,000, and the median sales price in the 70005 zip code is $388,269.8. The total number of properties sold within the past twelve months is 377. In 70005, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

70005 Real Estate Market Overview

CityMedian Est. Value
Metairie

$ 387,926

$ 187/sqft

Housing Market Summary for 70005

Apr 2023March 2024Change
Median Listing Price$449K$351.8K-21.65%
Median Sold Price$332.7K$351.8K5.75%
Homes For Sale3938-2.56%
Homes Sold165159-3.64%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 70005

The median list price of a home in Metairie, is $388,269.8. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 70005 properties is 9,579.

Foreclosure
There is 1 cities within 70005; within this cities, the median estimated home value for homes in foreclosure ranges from $1,872,177 in metairie to the lowest value of $74,454 in metairie. Foreclosure homes account for 0.00% of properties in 70005 with metairie containing 19 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 70005 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 70005; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 70005 ranges from the highest value of $1,872,177 in metairie to the lowest value of $74,454 in metairie. Bank owned homes and properties account for 0.01% of properties in 70005. There is 1 cities within 70005; metairie containing 17 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 70005. Auction homes and other auction properties account for 0% of all properties in 70005. There is 1 cities within 70005; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.35% of residential properties in 70005 with metairie containing 144 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 70005; homes for sale in that cities, have a range of median values from $3,260,000 in metairie to the lowest value of $45,900 in metairie.
    Sold Homes
    The median value for recently sold homes ranges from $2,495,000 in metairie to the lowest price of $24,688 in metairie. There is 1 cities within 70005. metairie has 749 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.67% of properties in 70005.

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      Guide for 70005

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports|posted 18 March 2024

      The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.

      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes 70005

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