Metairie, LA Foreclosures
How much do homes sell for in Metairie, LA?
The average home price is currently $342,781.
In Metairie, LA, how many homes are available?
There are currently 10 active home listings available in Metairie.
What’s the average rental cost in Metairie, LA?
The average rental price in Metairie is $1,723.
What is the most expensive home in Metairie?
The most expensive home sold in Metairie had a price of $11,702,088.
What is currently the cheapest priced home in Metairie, LA?
The cheapest home for sale in Metairie is priced at $10,312.
Living in Metairie, LA
Metairie, LA offers a perfect blend of suburban charm and urban convenience. With a rich culture and strong community ties, it boasts excellent schools, numerous parks, and easy access to New Orleans. Residents enjoy a variety of dining, shopping, and recreational activities, making it an attractive place to call home.
Current Market Conditions in Metairie, LA
The current real estate market in Metairie, LA is experiencing a steady demand with a slight increase in property values over the past months. Buyers are drawn to the community's family-friendly environment, strong schools, and amenities. Our analysis indicates that homes are selling relatively quickly, with a competitive market that showcases both new constructions and established properties.
In recent months, the demand for single-family homes in Metairie has seen an upward trend, primarily due to its closeness to New Orleans and a growing interest from young families and professionals. With the growing conveniences such as shopping centers and restaurants, properties are witnessing quick sales. New listings are coming into the market, but the inventory remains limited, keeping the prices stable.
Home Value Estimator For Metairie, LA
There are currently 45,571 real estate properties
in Metairie, LA,
with a median automated valuation model (AVM) price
of $276,563.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Metairie, LA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Metairie, LA,
is $342,781.00, with the most expensive house
in Metairie, LA, topping out
at $11,702,088.00 and the cheapest home
in Metairie, LA,
clocking in at $10,312.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Metairie, LA!
Rent Prices
In Metairie, LA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Metairie, LA, is on
a rollercoaster ride. The
average rent price in Metairie, LA,
is $1,723.00. Indeed, when looking to rent in
Metairie, LA, you can expect to pay as little
as $520.00 or as much
as $3,740.00,
with the average rent median estimated to
be $1,660.00. The good news is that finding
an affordable and desirable property to rent in Metairie, LA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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