Metairie, LA
Housing market overview · Updated weekly
$332,500median sale price
Homes sold
95
Last 12 weeks
Days on market
88
Average pace
Active listings
477
5.0 months supply
Sale-to-list
93.9%
Below asking
The Metairie housing market is currently classified as a buyer's market with a median sale price of $332,500. Prices have risen 10.8% compared to last year, with homes spending an average of 88 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Metairie?
The median home sale price in Metairie is $332,500, up 10.8% from last year.
How long do homes stay on market in Metairie?
Homes typically spend 88 days on market before going under contract.
Is Metairie a buyer's or seller's market?
With 5.0 months of supply, Metairie is currently a buyer's market.
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