The story of this market
The typical home in ZIP 70005 sells for about $432,000, or $475 per square foot.
Prices are up +4.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 70005 — Metairie
The 70005 housing market shows steady appreciation and moderate demand, with a median home value of $432,000. While inventory remains tight, the area's high educational attainment and proximity to New Orleans continue to drive interest from family buyers and professionals. Market conditions are stable, reflecting a balanced environment for both buyers and sellers.
This ZIP is ideal for family buyers and professionals seeking a suburban lifestyle with convenient access to New Orleans, offering a balance of established neighborhoods and modern amenities.
Median prices moved up 4.1% year over year.
Homes spend a median of 68 days on market with 4.0 months of supply — a balanced-paced market.
45% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 7.8% — 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 3.6%/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 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 70005, 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 Metairie are generally considered moderate compared to the broader New Orleans metropolitan area, with property crime being the primary concern.
The area is served by the Jefferson Parish Public School System, with several highly-rated public and private school options available to residents.
The region faces significant flood risks due to its low elevation and proximity to Lake Pontchartrain, necessitating mandatory flood insurance for many properties.
Economic momentum is driven by its proximity to New Orleans and a robust local retail and service sector, with steady infill development.
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 typically commute via I-10 or Veterans Memorial Boulevard to reach the New Orleans central business district, with average commute times reflecting regional traffic patterns.
The ZIP features proximity to Lake Pontchartrain, numerous local parks, and extensive shopping and dining options along Veterans Memorial Boulevard.
The rental market is stable with moderate vacancy pressure, supported by a mix of long-term residents and professionals working in the metro area.
The economy is anchored by retail, healthcare, and professional services, with many residents commuting to the nearby New Orleans employment hub.
The area is heavily reliant on personal vehicles, with I-10 serving as the primary transit corridor for regional connectivity.
Development is largely focused on commercial revitalization and residential infill projects within existing zoning frameworks.
The Jefferson Parish Assessor's Office manages property valuations, with assessments updated periodically to reflect market conditions.
Parcels are subject to Jefferson Parish property taxes and various special service districts for fire, police, and drainage.
Property insurance premiums are high due to regional hurricane and flood exposure, requiring careful policy management for homeowners.
Louisiana is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure document detailing known defects to potential buyers.
Data retrieved from U.S. Census Bureau and Jefferson Parish profiles.
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 Orleans3.75.1 mi
- Sky Zone Trampoline Park4.14.8 mi
- Game On Social Hub4.55.9 mi
- K1 Speed New Orleans4.63.7 mi
- Storyland4.52.5 mi
- Caesars Superdome4.64.8 mi
- New Orleans Ernest N. Morial Convention Center4.55.9 mi
- Smoothie King Center4.64.9 mi
- Preservation Hall4.75.2 mi
- The Sazerac House4.95.4 mi
- The National WWII Museum4.85.7 mi
- French Market4.55.4 mi
- Audubon Aquarium4.45.7 mi
- Audubon Zoo4.55.5 mi
- Jackson Square4.75.4 mi
- The National WWII Museum4.85.7 mi
- Jackson Square4.75.4 mi
- Napoleon House4.65.3 mi
- New Orleans Museum of Art4.72.8 mi
- The Sazerac House4.95.4 mi
- Jackson Square4.75.4 mi
- New Orleans City Park4.82.6 mi
- Louis Armstrong Park4.54.9 mi
- Audubon Park4.75.4 mi
- Lafreniere Park4.74.8 mi
- New Orleans RV Resort & Marina4.26.2 mi
- Mid City Yacht Club4.52.4 mi
- Southern Yacht Club4.52.1 mi
- Seabrook Harbor & Marine4.56.3 mi
- Eddie Pinto's Marina & Seafood4.411.7 mi
- TPC Louisiana4.67.7 mi
- Bayou Oaks At City Park42.8 mi
- Golf Club at Audubon Park4.45.2 mi
- Chateau Golf & Country Club4.57.3 mi
- Loft18 Metairie4.52.2 mi
- Lakeside Shopping Center4.41.3 mi
- French Market4.55.4 mi
- Riverwalk Outlets4.45.9 mi
- Rouses Market4.55.3 mi
- Ross Dress for Less4.24.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional mall serving the area.
A popular recreational area on Lake Pontchartrain.
A private golf and social club.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).