The story of this market
The typical home in ZIP 70002 sells for about $364,250, or $215 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $1,700 a month.
ZIP 70002 — Metairie
The 70002 housing market is currently experiencing a period of stabilization with a median listing price of $364,250. While inventory remains moderate, the market is characterized by a buyer-friendly environment with homes selling below the asking price. High insurance costs and interest rate sensitivity continue to be the primary drivers of market activity.
This ZIP is well-suited for families and commuters seeking suburban living with convenient access to both New Orleans and local retail hubs.
Median prices moved up 7.3% year over year.
Homes spend a median of 60 days on market with 4.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 95% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 15.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 70002, Jefferson Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Metairie area are generally consistent with regional suburban trends in Jefferson Parish, though specific neighborhood variations exist.
Public schools serving the area are part of the Jefferson Parish Public School System, which offers a mix of magnet and traditional neighborhood schools.
The area is located in a low-lying coastal region with significant flood risk, necessitating mandatory flood insurance for many properties and adherence to strict building codes.
Economic momentum is driven by proximity to the New Orleans employment core, with significant retail and service-sector activity along the Veterans Memorial Boulevard corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Residents primarily commute via I-10 to reach the New Orleans central business district, with typical drive times ranging from 15 to 30 minutes depending on traffic.
The ZIP features proximity to Lakeside Shopping Center, various local parks, and easy access to the Lake Pontchartrain lakefront for outdoor recreation.
The rental market is characterized by steady demand from commuters and service workers, with a mix of apartment complexes and single-family rentals.
The economy is anchored by retail, healthcare, and professional services, with many residents employed in the broader New Orleans-Metairie metropolitan economy.
The area is highly dependent on personal vehicles, with I-10 serving as the primary transit corridor for regional connectivity.
Development is largely infill-focused, with ongoing efforts to modernize aging commercial corridors and improve drainage infrastructure.
The Jefferson Parish Assessor's Office manages property valuations, with assessments typically updated on a multi-year cycle.
Parcels are subject to Jefferson Parish general millage, school district taxes, and specific levee district assessments.
Property insurance premiums are high due to hurricane and flood exposure, with many properties requiring coverage through the Louisiana Citizens Property Insurance Corporation.
Data retrieved from Census Reporter ZCTA 70002 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's New Orleans3.76.8 mi
- Sky Zone Trampoline Park4.14.6 mi
- Game On Social Hub4.54.3 mi
- K1 Speed New Orleans4.63.4 mi
- Storyland4.54.4 mi
- Caesars Superdome4.66.6 mi
- New Orleans Ernest N. Morial Convention Center4.57.7 mi
- Smoothie King Center4.66.6 mi
- Preservation Hall4.77 mi
- The Sazerac House4.97.2 mi
- The National WWII Museum4.87.4 mi
- French Market4.57.3 mi
- Audubon Aquarium4.47.5 mi
- Audubon Zoo4.56.6 mi
- Jackson Square4.77.2 mi
- The National WWII Museum4.87.4 mi
- Jackson Square4.77.2 mi
- Napoleon House4.67.1 mi
- New Orleans Museum of Art4.74.6 mi
- The Sazerac House4.97.2 mi
- Jackson Square4.77.2 mi
- New Orleans City Park4.84.3 mi
- Louis Armstrong Park4.56.8 mi
- Audubon Park4.76.5 mi
- Lafreniere Park4.73.3 mi
- New Orleans RV Resort & Marina4.27.7 mi
- Mid City Yacht Club4.54.2 mi
- Southern Yacht Club4.53.1 mi
- Seabrook Harbor & Marine4.57.8 mi
- Eddie Pinto's Marina & Seafood4.413.4 mi
- TPC Louisiana4.67.9 mi
- Bayou Oaks At City Park44.3 mi
- Golf Club at Audubon Park4.46.4 mi
- Chateau Golf & Country Club4.55.5 mi
- Loft18 Metairie4.52.6 mi
- Lakeside Shopping Center4.40.7 mi
- French Market4.57.3 mi
- Riverwalk Outlets4.47.7 mi
- Rouses Market4.57.1 mi
- Ross Dress for Less4.26.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional mall serving the New Orleans metro area.
Provides extensive recreational opportunities and lakefront parks.
Primary artery for dining, retail, and professional services.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).