Metairie, LA Home Values & Market Trends

Real estate market trends reflect that there have been 1,420 transactions over the past year in Metairie. The median value for residential home transactions that occurred over the previous year is $329,000. The number of current listings in Metairie is 1,962, and the percentage of properties for sale in the city is 1962.00%. Metairie, LA currently has 34 properties in foreclosure, 19 bank owned properties, 13 properties headed for auction, and 1,962 properties for sale.

Metairie, LA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
70003

$ 275,000

$ 178/sqft

70002

$ 388,000

$ 179/sqft

70001

$ 321,830

$ 205/sqft

70006

$ 345,394

$ 183/sqft

70005

$ 422,406

$ 243/sqft

Housing Market Summary for Metairie, LA

Sep 2025September 2026Change
Median Listing Price$365K$354.5K-2.88%
Median Sold Price$269.4K$249K-7.57%
Homes For Sale1,4541,94833.98%
Homes Sold401307-23.44%
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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 Metairie, LA

Metairie home values range from $30,285 to $3,614,822. The median estimated value of a home in Metairie is $329,000. The median list price of a home is 355,000, and the total count of properties in the city is 2,328.

Foreclosure
There are 5 zips within Metairie, LA; within these zips, the median estimated home value for homes in foreclosure ranges from $464,309 in 70003 to the lowest value of $57,412 in 70003. Foreclosure homes account for 1.00% of properties in Metairie, LA with 70003 containing 13 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Metairie, LA with 70006 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Metairie, LA; of those zips, the estimated home value for pre-foreclosure homes ranges from $553,736 in 70002 to the lowest home value of $553,736 in 70006.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Metairie, LA ranges from the highest value of $280,181 in 70005 to the lowest value of $57,412 in 70003. Bank owned homes and properties account for 0.82% of properties in Metairie, LA. There are 5 zips within Metairie, LA; 70003 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    70003 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Metairie, LA. Auction homes and other auction properties account for 0.56% of all properties in Metairie, LA. There are 5 zips within Metairie, LA; of those zips, the median estimated home value for homes going to auction ranges from $390,000 in 70001 to the lowest value of $151,216 in 70001.
Homes for Sale
Homes and properties that are actively listed for sale account for 84.28% of residential properties in Metairie, LA with 70003 containing 576 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Metairie, LA; homes for sale in those zips, have a range of median values from $1,309,000 in 70006 to the lowest value of $40,129 in 70003.
    Sold Homes
    The median value for recently sold homes ranges from $578,000 in 70006 to the lowest price of $30,285 in 70006. There are 5 zips within Metairie, LA. 70003 has 95 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 12.80% of properties in Metairie, LA.

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      Guide for Metairie, LA

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.