Zip 70003 (Metairie, LA) Housing

The housing market in 70003 Metairie, LA is very strong. According to the data provided, the median value of a home in this area is $227,600 which is significantly lower than the US median value of $338,100. On top of that, the appreciation rate for homes over the last year in 70003 Metairie, LA is 9.06%, which is even higher than the national average home appreciation rate of 8.27%. This suggests that investing in property in this area could be particularly lucrative and potentially provide great returns on investment.

The median home cost in Metairie (zip 70003) is $227,600. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Metairie (zip 70003) is up 12.3%.

Average Age of Homes

- The median age of Metairie (zip 70003) real estate is 50 years old

The Rental Market in Metairie (zip 70003)

- Renters make up 20.7% of the Metairie (zip 70003) population
- 2.0% of houses and apartments in Metairie (zip 70003), 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
	17,533.0	139,647,020.0
	55	42
	$227,600	$338,100
	12.3%	16.6%
	40.6%	57.0%
	61.9%	101.1%
	$5.05	$10.98
	$1,084	$2,690
	72.2%	57.4%
	7.4%	11.2%
	20.4%	31.4%
Vacant Housing
	2.0%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.0%	2.4%
	1.2%	2.8%
	1.4%	3.9%
	1.8%	4.5%
	10.4%	11.3%
	25.8%	13.0%
	37.9%	20.1%
	14.7%	13.6%
	3.3%	8.3%
	0.7%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	0.9%	13.6%
	0.9%	13.6%
	4.1%	13.6%
	8.2%	13.2%
	21.5%	14.8%
	4.1%	13.6%
	20.8%	10.0%
	3.1%	4.7%
	0.8%	12.2%