Metairie, LA—70005

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$426,000

4.4% YoY Growth

Household Income

$86,000

36.6% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

-4.2%

Median Rent

$2,000

3.3% YoY Growth

1-Bed Rent

$1,350

0.7% YoY Growth

2-Bed Rent

$1,800

11.4% YoY Growth

3-Bed Rent

$2,200

2.0% YoY Growth

Other Zip Codes in Metairie, LA

70002 70001 70003 70006

Home Price Trends — Metairie, LA

As of May '26, the median home price in Metairie, LA is $426,000, with a year-over-year change of 4.4%. This indicates that home prices in Metairie, LA are increasing. According to Zillow, the 1-year price projection is -4.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$426,000	4.4%
Single Family	$435,000	3.6%
Condos	$260,000	-4.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,190
Studio Rent	N/A	N/A
1 Bed Rent	$1,350	$1,390
2 Bed Rent	$1,800	$1,950
3 Bed Rent	$2,200	$2,550
4 Bed Rent	$2,600	$3,250

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$450,000	-4.0%
Listing Count	127	-20.0%
Listings as % of Homes	1.1%	-20.0%
Days on Market	49	-8.0%

Metric	Latest Census	YoY % Change
Population	23,300	-7.7%
% Under 18	18.8%	3.3%
% Seniors	26.5%	19.4%
% WFH	11.5%	161.4%
% w/ College Degree	50.2%	5.2%

Metric	Latest Census	5-Year % Change
% White	80.7%	-1.8%
% Black	1.2%	-55.6%
% Hispanic	12.8%	14.3%
% Asian	1.7%	-32.0%
% Foreign Born	8.9%	-20.5%

Metric	Zip Code Average
Total Loan Originations	335
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	5.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

Metairie, LA—70005

Key Metrics at a Glance

Other Zip Codes in Metairie, LA

Home Price Trends — Metairie, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Metairie, LA

% of Rental Stock

Property Listings — Metairie, LA

Demographics — Metairie, LA

Race and Ethnicity

Mortgage and Risk — Metairie, LA

Mortgages

Rentals and Section 8 — Metairie, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Metairie, LA

Home Price to Income Ratio

Metairie, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Metairie, LA

Metairie Heights, New Orleans, LA

Metairie, LA

Jefferson, LA

St. Claude, New Orleans, LA

Frequently Asked Questions

Total Units under HUD	19
Total Units Section 8	19
% Rentals under Section 8	0.4%
% Occupied Section 8	98.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$130	$1,350	$1,220
2 Bedroom	-$340	$1,800	$1,460
3 Bedroom	-$330	$2,200	$1,870
4 Bedroom	-$410	$2,600	$2,190

Metric	Zip Code Average
Home Price to Income Ratio	5.5
Median Home Price	$426,000
Median Household Income	$86,000

Metairie, LA—70005

Key Metrics at a Glance

Other Zip Codes in Metairie, LA

Home Price Trends — Metairie, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Metairie, LA

% of Rental Stock

Property Listings — Metairie, LA

Demographics — Metairie, LA

Race and Ethnicity

Mortgage and Risk — Metairie, LA

Mortgages

Rentals and Section 8 — Metairie, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Metairie, LA

Home Price to Income Ratio

Metairie, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Metairie, LA

Metairie Heights, New Orleans, LA

Metairie, LA

Jefferson, LA

St. Claude, New Orleans, LA

Frequently Asked Questions

What is the average home price in Metairie, LA 70005?

How have home prices in Metairie, LA 70005 changed over the past year?

What is the home price projection for Metairie, LA 70005?

What are the demographics of Metairie, LA 70005?

How long does it take homes to sell in Metairie, LA 70005?

What is the average rent price in Metairie, LA 70005?