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Short Sale Listings in Metairie, LA 70003

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Living in Metairie, LA

Metairie, LA, is a suburban community located just outside of New Orleans offering a lively atmosphere and a rich cultural scene. Residents enjoy access to excellent schools, numerous parks, and a wide range of dining options, making it an appealing place for families. The proximity to New Orleans allows easy access to entertainment and cultural activities while providing a more tranquil living environment.

Current Market Conditions in Metairie, LA

The Metairie real estate market is currently experiencing a tight inventory of homes, leading to competitive bidding in popular neighborhoods. Houses are typically on the market for shorter durations, indicating strong buyer demand and a steady appreciation of home prices.

New listings are consistently being added, and the demand remains high due to the attractive community, local amenities, and access to New Orleans. Buyers are encouraged to act quickly as properties that are well-priced are selling rapidly.

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.

Metairie, LA 70003 Short Sale Listings

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