Market Overview
Home Prices in Metairie, LA
The median home value in Metairie, LA is $334,224 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Metairie are priced18% below average. Metairie is part of the New Orleans-Metairie, LA metro area.
Over the past five years, Metairie home values have fallen by approximately2.4%, reflecting softening conditions in this market.
Price History
Metairie Home Price Trend
City Comparison
Metairie vs. National Median
At $334,224, homes in Metairie cost 18% below the national median of $410,000. This makes Metairie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Metairie?
20% Down Payment
$66,845
on $334,224
Monthly P&I
$1,743/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,214/mo
incl. taxes & insurance
Income Needed
$88,560
gross annual (30% rule)
10% Down Option
$33,422
+ PMI applies
Loan Amount (20% dn)
$267,379
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 Metairie, LA?
The median home value in Metairie is $334,224 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Metairie?
Over the past year, home values in Metairie have increased by 8.4%. Over five years, prices have fallen approximately 2.4%.
How much do I need to earn to buy a home in Metairie?
To comfortably afford the median home price of $334,224 with a 20% down payment ($66,845) at today's rates (6.8%), you'd need a gross annual income of approximately $88,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Metairie compare to the national average home price?
The national median home value is approximately $410,000. At $334,224, homes in Metairie are 18% below the national average.
What metro area is Metairie part of?
Metairie is part of the New Orleans-Metairie, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.