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Metairie Terrace

METAIRIE, LA 70001

Real Estate Market Report
Seller's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 70001

Metairie Terrace

Market Analysis

Data as of September 2026. Source: Realtor.com.

The METAIRIE, LA real estate market (70001) currently shows 174 active listings, with 35 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 54 days on market compared to 77 days last year.

The median listing price has fallen 10.3% year-over-year, from $339,750 to $304,598.

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Market Context

Market Context

Population: 40,071  ·  Density: 2,388.4/mi²  ·  Median household income: $68,702

Typical home value: $285,276  ·  Homeownership: 50.8%

Market Overview

Active Listings
174
⇩ 1.1% vs 176 last year
Pending
35
20% pending ratio
Median Price
$304,598
⇩ 10.3% vs $339,750 last year
Average Price
$395,025
⇩ 17.4% vs $477,986 last year
Days on Market
54
⇩ 29.9% vs 77 days last year

Price Per Square Foot

Median $/sqft
$191
⇩ 5.4% vs $202/sqft last year
Median Home Size
1,506 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 174 this year vs 176 last year
  • Days on market: 54 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $304,598 (-10.3% YoY)
  • Average: $395,025 (-17.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.8 miles — 1,468 listings ($612,485,049 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70001Metairie, LA 700010.0 mi155$75,788,180$328,500$488,956
70002Metairie, LA 700021.9 mi88$39,765,440$387,450$451,880
70006Metairie, LA 700062.6 mi63$23,970,366$350,000$380,482
70123New Orleans, LA 701233.1 mi125$56,900,500$338,675$455,204
70124New Orleans, LA 701244.3 mi169$112,589,321$571,975$666,209
70119New Orleans, LA 701194.9 mi139$57,954,799$324,750$416,941
70094Westwego, LA 700945.5 mi94$24,641,254$194,475$262,141
70112New Orleans, LA 701125.8 mi55$33,645,370$375,000$611,734
70065Kenner, LA 700656.0 mi219$75,820,209$272,500$346,211
70122New Orleans, LA 701226.5 mi178$58,080,866$284,700$326,297
70031Ama, LA 700318.1 mi3$617,625$228,375$205,875
70053Gretna, LA 700538.4 mi63$16,952,292$261,950$269,084
70114New Orleans, LA 701148.8 mi117$35,758,827$262,000$305,631

Frequently Asked Questions

How many homes are for sale in METAIRIE, LA 70001?

As of September 2026, there are 174 active listings in METAIRIE, LA (zip code 70001), compared to 176 the prior year.

What is the median home price in METAIRIE, LA 70001?

The median listing price in METAIRIE, LA 70001 is $304,598 as of September 2026, a 10.3% decrease from $339,750 the prior year.

How long do homes stay on the market in METAIRIE, LA?

Homes in METAIRIE, LA 70001 spend an average of 54 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in METAIRIE, LA 70001?

Based on current inventory and days-on-market data as of September 2026, METAIRIE, LA 70001 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 54 days on market compared to 77 days last year.

How much can I save on real estate commission in METAIRIE, LA?

With SELL123.com's maximum 3% commission, sellers in METAIRIE, LA 70001 save an estimated $6,092 compared to a typical 5% commission on the median listing price of $304,598. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.