Zip 70002 (Metairie, LA) Housing

The housing market in 70002 Metairie, LA is thriving with a median value of $333,500 and an appreciation rate of 9.06% over the last year. This is higher than the US House Median Value of $338,100 and US 1 year House Appreciation rate of 8.27%. With these figures, it clearly shows that the housing market in 70002 Metairie, LA is doing very well and continues to be a great investment option for those looking to own a home in the area.

The median home cost in Metairie (zip 70002) is $333,500. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Metairie (zip 70002) is up 12.3%.

Average Age of Homes

- The median age of Metairie (zip 70002) real estate is 43 years old

The Rental Market in Metairie (zip 70002)

- Renters make up 43.8% of the Metairie (zip 70002) population
- 2.5% of houses and apartments in Metairie (zip 70002), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Metairie, Louisiana	United States
	9,344.0	139,647,020.0
	48	42
	$333,500	$338,100
	12.3%	16.6%
	40.6%	57.0%
	61.9%	101.1%
	$6.17	$10.98
	$2,091	$2,690
	47.4%	57.4%
	9.4%	11.2%
	43.1%	31.4%
Vacant Housing
	2.5%	1.9%
	0.7%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	1.2%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.3%	2.4%
	0.9%	2.8%
	1.3%	3.9%
	3.7%	4.5%
	5.8%	11.3%
	5.7%	13.0%
	20.2%	20.1%
	29.1%	13.6%
	16.3%	8.3%
	13.1%	9.7%
	1.4%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	9.9%	13.6%
	13.8%	13.2%
	30.3%	14.8%
	9.9%	13.6%
	8.9%	10.0%
	0.5%	4.7%
	1.2%	12.2%

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