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Featured local agent — Metairie, LA
Sarah Mitchell
Compass Real Estate · Metairie, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Metairie, LA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$320,000median sale price
How is the Metairie, LA housing market right now?
The median home sale price in Metairie, LA is $320,000, down 3.0% year-over-year. Homes sell in an average of 41 days with 486 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Metairie a buyer's or seller's market?
Metairie, LA is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
109
Last 12 weeks
Days on market
41
Average pace
Active listings
486
4.5 months supply
Sale-to-list
95.2%
Below asking
What does the Metairie housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $320,000 |
| Median list price | $325,000 |
| Year-over-year price change | -3.0% |
| Average days on market | 41 days |
| Active inventory | 486 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 95.2% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 109 |
| New listings (latest month) | 179 |
| Listings with a price cut | 31.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Metairie by property type?
How the Metairie, LA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $324,500 | $180/sq ft | 94 | 41 days |
| Condo / Co-op | $132,000 | $126/sq ft | 3 | 30 days |
| Townhouse | $417,500 | $164/sq ft | 4 | 40 days |
Source: Redfin · Updated monthly
The Metairie housing market is currently classified as a leaning buyer's with a median sale price of $320,000. Prices have fallen 3.0% compared to last year, with homes spending an average of 41 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Metairie
There are currently 486 homes listed for sale in Metairie, Louisiana. The median listing price is $325K.
Active listings
486
Homes on market
Median list price
$325K
Avg. days on market
41
Days until sale
New this week
179
Newly listed
Who lives in Metairie?
Population
138,995
Median income
$73,256/yr
Median age
41.5 years
Owner-occupied
61.8%
College grads
39.9%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Metairie?
Zillow home value
$334,224
Zillow rent index
$1,605/mo
Price-to-rent ratio
17.4x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Metairie?
Metairie is a community of approximately 139K residents with a median age of 41.5 years.The median household income is $73,256, which represents a working-class community with solid middle-income opportunities. 39.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.8%, showing a blend of owner and renter-occupied properties. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Metairie offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Metairie?
18 schools tracked · 11,825 students
The largest public schools serving Metairie, LA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
East Jefferson High School
Grades 9-12 · 1,499 students
Haynes Academy School for Advanced Studies
Grades 6-12 · 900 students
John Q. Adams Middle School
Grades 6-8 · 778 students
J.D. Meisler Middle School
Grades 6-8 · 761 students
T.H. Harris Middle School
Grades 6-8 · 664 students
Bissonet Plaza School
Grades PK-8 · 660 students
Rudolph Matas School
Grades PK-8 · 622 students
Phoebe Hearst School
Grades PK-5 · 617 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Metairie, LA?
Want a head-to-head view? Compare Metairie side-by-side with any other U.S. city using our market-comparison tool.
Is Metairie a good real estate investment market?
For investors evaluating Metairie, the price-to-rent ratio of 17.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Metairie's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Metairie's median home price.
Frequently asked questions
What is the average home price in Metairie?
The median home sale price in Metairie is $320,000, down 3.0% from last year.
How long do homes stay on market in Metairie?
Homes typically spend 41 days on market before going under contract.
What is the median income in Metairie?
The median household income is $73,256 per year.
Is Metairie a buyer's or seller's market?
With 4.5 months of supply, Metairie is currently a leaning buyer's.
What is the Zillow home value estimate for Metairie?
The Zillow Home Value Index (ZHVI) for Metairie is $334,224, representing the typical home value in the area.
What is the median condo price in Metairie?
The median condo/co-op sale price in Metairie, LA is $132,000, compared to $324,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Metairie?
The median single-family home price in Metairie, LA is $324,500 (about $180 per square foot).
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