Is Metairie, LA 70003 a buyer’s or seller’s market?
Metairie is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #67 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Metairie housing market right now
In the three months ending August 31, 2026, 9% of homes in Metairie, LA 70003 sold above their list price, the typical home went under contract in 35 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 131 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold faster (42 days then) and the median sale price fell 2% to $277,880. Overall, Metairie is about as competitive as it was a year ago.
Within Jefferson Parish, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Metairie ranks #67 of 160 LA ZIP codes with enough sales (score 30 out of 100).
Nearby, buyers who want less competition could look at Grand Isle 70358 (0% sold over asking) or Lafitte 70067 (0% sold over asking), while Westwego 70094 (19% sold over asking) and Harvey 70058 (14% sold over asking) are even more competitive.
Run the numbers for 70003
Nearby markets
Barataria 70036Buyer’s market $151 /sq ftGrand Isle 70358Buyer’s market $169 /sq ftGretna 70053Balanced $148 /sq ftGretna 70056Balanced $137 /sq ft Browse all markets →Towns like Metairie nearby
Find towns like Metairie in other states →Where Metairie is
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Questions about Metairie real estate
Is Metairie a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Metairie, LA 70003 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Metairie?
The typical home went under contract in 35 days in the latest three months.
Do homes in Metairie sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Metairie?
About 0.52% of a home’s value a year in Jefferson Parish, or roughly $2,080 on a $400,000 home.
What is the median home price in Metairie?
The median sale price was $277,880 in the three months ending August 31, 2026, about $166 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology