Marrero, New Orleans, LA—70125
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marrero, New Orleans, LA
As of Oct '25, the median home price in Marrero, New Orleans, LA is $288,000, with a year-over-year change of -5.1%. This indicates that home prices in Marrero, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -4.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $288,000 | -5.1% |
| Single Family | $290,000 | -5.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | -6.0% |
3 Bed | $319,000 | -4.5% |
4 Bed | $324,000 | -5.3% |
| 5 Bed | $326,000 | -5.8% |
% of Housing Stock
Rental Trends — Marrero, New Orleans, LA
As of July '25, Rentcast reports the average rent in Marrero, New Orleans, LA is $1,940, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Marrero, New Orleans, LA is studios: $750, 1-bedrooms: $1,270, 2-bedrooms: $1,570, 3-bedrooms: $2,160, 4-bedrooms: $2,940. The most common rental property sizes in Marrero, New Orleans, LA are 2-bedroom and 3-bedroom, accounting for 42.6% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,780 | $1,940 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $1,300 | $1,270 |
| 2 Bed Rent | $1,580 | $1,570 |
| 3 Bed Rent | $2,050 | $2,160 |
| 4 Bed Rent | $2,800 | $2,940 |
% of Rental Stock
Property Listings — Marrero, New Orleans, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Marrero, New Orleans, LA is 86. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | -8.0% |
Listing Count | 89 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 86 | 27.0% |
Demographics — Marrero, New Orleans, LA
As of the latest ACS Survey released in 2023, Marrero, New Orleans, LA has a population of 18,400, which has decreased by -2.0% over the past 5 years. Marrero, New Orleans, LA is a moderately popular place for families, as children make up 21.5% of the population. The area has a highly educated workforce, with 46.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,400 | -2.0% |
% Under 18 | 21.5% | 4.4% |
% Seniors | 15.6% | 52.9% |
% WFH | 15.3% | 168.4% |
% w/ College Degree | 46.0% | 11.7% |
As of the latest ACS Survey released in 2023, Marrero, New Orleans, LA is a predominantly black area, with 51.5% of the population identifying as black. The black population has shrunk by 14.6% in the last 5 years. The second most common race or ethnicity in Marrero, New Orleans, LA is white, making up 31.7% of the population. Foreign-born residents account for 6.7% of the population in Marrero, New Orleans, LA, and this percentage has increased by 45.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 31.7% | -1.6% |
% Black | 51.5% | -14.6% |
% Hispanic | 9.2% | 76.9% |
% Asian | 2.3% | 76.9% |
% Foreign Born | 6.7% | 45.7% |
Mortgage and Risk — Marrero, New Orleans, LA
According to HUD data as of 2023, there were 199 mortgage originations in Marrero, New Orleans, LA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Marrero, New Orleans, LA. Investor activity is low, as 14.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 199 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Marrero, New Orleans, LA
As of 2024, the percent of homes in Marrero, New Orleans, LA under the Section 8 program is 23.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Marrero, New Orleans, LA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 996 |
Total Units Section 8 | 855 |
% Rentals under Section 8 | 23.4% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,300 | $1,370 |
| 2 Bedroom | $60 | $1,580 | $1,640 |
| 3 Bedroom | $50 | $2,050 | $2,100 |
| 4 Bedroom | -$340 | $2,800 | $2,460 |
Affordability — Marrero, New Orleans, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $288,000 |
| Median Household Income | $59,000 |