New Orleans-Metairie, LA Housing Market Brief
metro · LA · as of May 2026
What is New Orleans-Metairie, LA’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is New Orleans-Metairie, LA in its market cycle?
New Orleans-Metairie, LA is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
New Orleans-Metairie, LA housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Days on Market | 68 days | ▲ +1.5% |
How has New Orleans-Metairie, LA’s Alpha Score moved?
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Frequently asked questions
Is New Orleans-Metairie, LA a buyer's or seller's market?
As of May 2026, New Orleans-Metairie, LA is classified as a Buyer's Market, based on its Alpha Score of 34 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
How affordable is New Orleans-Metairie, LA?
New Orleans-Metairie, LA scores 22 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving New Orleans-Metairie, LA's Alpha Score?
New Orleans-Metairie, LA's strongest dimension is Economic Strength (61/100) and its weakest is Inventory Health (9/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of New Orleans-Metairie, LA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.