Zip 70001 (Metairie, LA) Housing


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The housing market in 70001 Metairie, LA is doing well as the median value of homes is $297,000, which is higher than the US house median value of $338,100. Furthermore, this area has had a one year rate of appreciation of 9.06%, which is higher than the US house appreciation rate of 8.27%. Therefore, it can be concluded that the real estate market in 70001 Metairie, LA is currently favorable for potential buyers and investors.

The median home cost in Metairie (zip 70001) is $297,000. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Metairie (zip 70001) is up 12.3%.

Average Age of Homes
- The median age of Metairie (zip 70001) real estate is 44 years old
The Rental Market in Metairie (zip 70001)
- Renters make up 46.1% of the Metairie (zip 70001) population
- 2.4% of houses and apartments in Metairie (zip 70001), 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

  HousingMetairie, LouisianaUnited States
  19,145.0139,647,020.0
  4842
  $297,000$338,100
  12.3%16.6%
  40.6%57.0%
  61.9%101.1%
  $5.09$10.98
  $1,321$2,690
  47.5%57.4%
  6.8%11.2%
  45.7%31.4%
  Vacant Housing
  2.4%1.9%
  0.5%0.4%
  0.2%0.7%
  0.0%0.4%
  0.5%3.6%
  3.4%4.1%
  Value of Owner-Occupied Housing
  1.2%2.6%
  0.1%2.4%
  1.3%2.8%
  2.5%3.9%
  1.9%4.5%
  6.4%11.3%
  13.5%13.0%
  38.9%20.1%
  20.5%13.6%
  3.6%8.3%
  8.2%9.7%
  0.8%3.9%
  0.4%2.2%
  0.6%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  8.4%13.6%
  8.4%13.6%
  9.6%13.6%
  11.5%13.2%
  26.0%14.8%
  9.6%13.6%
  14.2%10.0%
  7.3%4.7%
  2.6%12.2%
Commute