Metairie, LA

Population: 139,524
Average annual home appreciation rate: 5.73%
Total of homes for sale in this market: 73
Median home price: $228,219
Median Rent: $1,016
Home price range: 38.03% of homes are between $109,001 – $218,000
Median sales price: $187,523
Number of homes: 163
Median foreclosure sales price: $114,400
Foreclosure discount: 39%
Most common home type: 60.61% of homes are single family detached
Number of vacant homes: 9.15%
Number of renters: 38.73%
Number of owner occupied: 61.27%
Number people living below poverty level: 11.95%
Unemployment rate: 5.90%
Is this area perfect for real estate deals going on right now?

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