Market Overview
Home Prices in Gretna, LA
The median home value in Gretna, LA is $244,622 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% compared to a year ago and down 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gretna are priced40% below average. Gretna is part of the New Orleans-Metairie, LA metro area.
Over the past five years, Gretna home values have fallen by approximately8.1%, reflecting softening conditions in this market.
Price History
Gretna Home Price Trend
City Comparison
Gretna vs. National Median
At $244,622, homes in Gretna cost 40% below the national median of $410,000. This makes Gretna a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gretna?
20% Down Payment
$48,924
on $244,622
Monthly P&I
$1,276/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,621/mo
incl. taxes & insurance
Income Needed
$64,840
gross annual (30% rule)
10% Down Option
$24,462
+ PMI applies
Loan Amount (20% dn)
$195,698
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gretna, LA?
The median home value in Gretna is $244,622 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Gretna?
Over the past year, home values in Gretna have increased by 6.5%. Over five years, prices have fallen approximately 8.1%.
How much do I need to earn to buy a home in Gretna?
To comfortably afford the median home price of $244,622 with a 20% down payment ($48,924) at today's rates (6.8%), you'd need a gross annual income of approximately $64,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Gretna compare to the national average home price?
The national median home value is approximately $410,000. At $244,622, homes in Gretna are 40% below the national average.
What metro area is Gretna part of?
Gretna is part of the New Orleans-Metairie, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.