Zip 70006 (Metairie, LA) Housing

The housing market in Metairie, LA (zip code 70006) is performing quite well, with a median value of $300,600. This is slightly below the US median value of $338,100, but still demonstrates solid performance over the past year with an appreciation rate of 9.06%. This rate is higher than the national average of 8.27%, indicating that the housing market in Metairie is doing particularly well and could be a great investment opportunity for potential homebuyers.

The median home cost in Metairie (zip 70006) is $300,600. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Metairie (zip 70006) is up 12.3%.

Average Age of Homes

- The median age of Metairie (zip 70006) real estate is 42 years old

The Rental Market in Metairie (zip 70006)

- Renters make up 30.9% of the Metairie (zip 70006) population
- 2.3% of houses and apartments in Metairie (zip 70006), 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
	6,453.0	139,647,020.0
	47	42
	$300,600	$338,100
	12.3%	16.6%
	40.6%	57.0%
	61.9%	101.1%
	$5.09	$10.98
	$1,418	$2,690
	56.4%	57.4%
	9.9%	11.2%
	33.7%	31.4%
Vacant Housing
	2.3%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	0.3%	0.4%
	1.7%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.4%	3.9%
	1.0%	4.5%
	5.7%	11.3%
	11.2%	13.0%
	42.2%	20.1%
	23.8%	13.6%
	11.4%	8.3%
	3.2%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	6.8%	13.6%
	12.1%	13.2%
	40.5%	14.8%
	6.8%	13.6%
	10.0%	10.0%
	0.9%	4.7%
	0.2%	12.2%

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