Is Metairie, LA 70005 a buyer’s or seller’s market?

The Metairie housing market right now

In the three months ending August 31, 2026, 5% of homes in Metairie, LA 70005 sold above their list price, the typical home went under contract in 69 days and there were 4.8 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 78 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (5% then), homes sold about as fast and the median sale price rose 6% to $463,987. Overall, Metairie is about as competitive as it was a year ago.

Within Jefferson Parish, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Metairie ranks #139 of 160 LA ZIP codes with enough sales (score 13 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.