Why Live in Metairie
Directly across the 17th Street Canal from New Orleans' premier lakefront neighborhoods, Metairie, Louisiana, is a thoroughly developed suburb on the Southshore of Lake Pontchartrain. Developed in the early 20th century as an upscale, quiet alternative to the Big Easy's raucous cultural crossroads, this easygoing suburb drew in former city residents seeking a stand-alone community that offered a more family-oriented set of perks. In the aftermath of Hurricane Katrina in 2005, Metairie was one of the first areas in the immediate wake to drain its flood waters, though the storm certainly changed Metairie forever too, particularly in its housing stock. But with a population of about 143,000, it never shook the title of Jefferson Parish's largest community. The suburban city features affluent neighborhoods intermixed with a range of shopping and dining options, highly rated schools and a cross-stitching of busy commuter highways that serve as the backbone of the greater region's economy. Ever since Katrina, homes in Metairie keep getting bigger, according to local Realtor Ken Hamrick of Keller Williams Realty. "Some of the homes that flooded, people chose not to move back. And so
Home Trends in Metairie, LA
On average, homes in Metairie, LA sell after 73 days on the market compared to the national average of 50 days. The median sale price for homes in Metairie, LA over the last 12 months is $310,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$310,000
Median Single Family Sale Price
$339,700
Median Townhouse Sale Price
$339,000
Median 2 Bedroom Sale Price
$149,000
Median 1 Bedroom Sale Price
$109,000
Average Price Per Sq Ft
$201
Number of Homes for Sale
712
Last 12 months Home Sales
3,606
Median List Price
$349,949
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
1%