$135,000 House For Sale
-- bed, -- bath, 2,320 sqft
The median home value in Gretna is $139,400. Gretna home values have gone up 1.5% over the past year and Zillow predicts they will fall -0.1% within the next year. The median list price per square foot in Gretna is $79, which is lower than the New Orleans Metro average of $101. The median price of homes currently listed in Gretna is $142,500 while the median price of homes that sold is $144,200.
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Gretna is 9.8%, which is higher than the national value of 8.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Gretna homeowners underwater on their mortgage is 15.7%, which is lower than New Orleans Metro at 15.8%.more