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Metairie Terrace

METAIRIE, LA 70001

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 70001

Metairie Terrace

Market Analysis

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

The METAIRIE, LA real estate market (70001) currently shows 155 active listings, with 37 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are selling faster, averaging 74 days on market compared to 94 days last year.

The median listing price has fallen 7.3% year-over-year, from $354,500 to $328,500.

Whether you are buying or selling in METAIRIE, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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
155
⇧ 9.2% vs 142 last year
Pending
37
24% pending ratio
Median Price
$328,500
⇩ 7.3% vs $354,500 last year
Average Price
$488,956
⇧ 10.8% vs $441,374 last year
Days on Market
74
⇩ 21.3% vs 94 days last year

Price Per Square Foot

Median $/sqft
$201
⇩ 3.4% vs $208/sqft last year
Median Home Size
1,669 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 155 this year vs 142 last year
  • Days on market: 74 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $328,500 (-7.3% YoY)
  • Average: $488,956 (+10.8% 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 — 1,371 listings ($567,052,528 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70001Metairie, LA 700010.0 mi150$69,129,450$329,900$460,863
70002Metairie, LA 700021.9 mi76$35,137,764$369,000$462,339
70006Metairie, LA 700062.6 mi61$23,818,243$359,900$390,463
70123New Orleans, LA 701233.1 mi123$55,402,029$346,600$450,423
70124New Orleans, LA 701244.3 mi160$106,284,480$559,000$664,278
70119New Orleans, LA 701194.9 mi137$55,736,532$324,000$406,836
70094Westwego, LA 700945.5 mi89$23,890,003$192,000$268,427
70112New Orleans, LA 701125.8 mi50$31,932,050$382,000$638,641
70065Kenner, LA 700656.0 mi191$62,512,963$269,999$327,293
70122New Orleans, LA 701226.5 mi169$54,340,598$298,504$321,542
70031Ama, LA 700318.1 mi2$394,500$197,250$197,250
70053Gretna, LA 700538.4 mi56$14,972,216$249,900$267,361
70114New Orleans, LA 701148.8 mi107$33,501,700$269,900$313,100

Frequently Asked Questions

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

As of February 2026, there are 155 active listings in METAIRIE, LA (zip code 70001), compared to 142 the prior year.

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

The median listing price in METAIRIE, LA 70001 is $328,500 as of February 2026, a 7.3% decrease from $354,500 the prior year.

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

Homes in METAIRIE, LA 70001 spend an average of 74 days on the market before going under contract, compared to 94 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 February 2026, METAIRIE, LA 70001 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 74 days on market compared to 94 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 $6,570 compared to a typical 5% commission on the median listing price of $328,500. 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.