New Orleans-Metairie Housing Market

$254,789

0.2% 1-yr

The average New Orleans-Metairie home value is $254,789, down 0.2% over the past year and goes to pending in around 49 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

New Orleans-Metairie Key Takeaways

Typical Home Values: $254,789

1-year Value Change: -0.2%

(Data through September 30, 2025)

New Orleans-Metairie Housing Market Overview

4.0%1-year Market Forecast(September 30, 2025)

6,356For sale inventory(September 30, 2025)

1,115New listings(September 30, 2025)

0.976Median sale to list ratio(August 31, 2025)

$273,417Median sale price(August 31, 2025)

$316,333Median list price(September 30, 2025)

13.3%Percent of sales over list price(August 31, 2025)

68.2%Percent of sales under list price(August 31, 2025)

49Median days to pending(September 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Pointe a la Hache

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent

Get pre-qualified for a loan

At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.

Start Now

An equal housing lender. NMLS #10287.

New Orleans-Metairie Rental Market Trends

$1,621Average rent in New Orleans-Metairie(September 30, 2025)

$1,979National average rent(September 30, 2025)

-0.4%Month-over-month change(September 30, 2025)

0.6%Year-over-year change(September 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.