Markets/Louisiana/New Orleans-Metairie

New Orleans-Metairie, LA Real Estate Market 2026

Investor-grade market analytics for New Orleans-Metairie, Louisiana. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$263,842

+2.5% year-over-year

Est. Rental Yield

7.3%

gross annual

12-Month Forecast

+2.4%

base case (Zillow ZHVF)

+2.4% year-over-year

Climate Risk

48/100

Low

Market Momentum

❄️
Cooling
4.8mo supply · Score -2/7

Net migration: Bottom 2% nationally

Income Migration

➡️ Neutral0.92x

In-migrants avg $58,304 AGI vs out-migrants $63,166

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Opportunity Zone Market

26 ZIP codes in New Orleans-Metairie are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

New Orleans-Metairie Market Summary

New Orleans-Metairie, LA shows steady growth at 2.5% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.24x, below the national average of 4.8x. Net negative migration (-3,375 returns/year) is reducing housing demand pressure. Climate risk is moderate (48/100) with manageable exposure. Rental yield of 7.3% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score82/100
Price-to-Income Ratio4.2x (national avg 4.8x)
Median Household Income$62,271

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.2%
Base Case+2.4%
Bull Case+3.7%

Climate & Natural Hazard Risk

New Orleans-Metairie, LA's primary climate exposure is hurricanes (78/100). The composite climate risk score of 48/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full New Orleans-Metairie dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.