ZIP Code 70005 — Metairie, LA Home Prices (2026)

The typical home in ZIP 70005 (Metairie, Louisiana) is worth about $431,000 at roughly $243 per square foot — 21% more expensive than the Metairie median and 47% more expensive than the typical U.S. home.

$431,000

Typical home value

$243

Price per sq ft

#1 of 5

Metairie ZIPs by value

+21%

vs Metairie median

How 70005 compares

ZIP 70005 is one of the pricier ZIP codes in Metairie: its typical home value of $431,000 ranks #1 of the 5 Metairie ZIP codes we track (the citywide range runs from $282,000 in 70003 to $431,000 in 70005). Per square foot it costs about $243, against $180 for Metairie as a whole, $136 for Louisiana, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 70005	$431,000	$243
Metairie, LA	$356,000	$180
Louisiana	$194,000	$136
United States	$294,000	$195

Home value by size in 70005

Using this ZIP’s rate of about $243 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$243,000
1,500 sq ft	$364,500
2,000 sq ft	$486,000
2,500 sq ft	$607,500
3,000 sq ft	$729,000

Salary needed to buy a home in ZIP 70005

To buy the typical $431,000 home in ZIP 70005 with 20% down, you need a household income of roughly $117,000 a year (about $2,740 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $139,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$21,600	$3,400/mo	$146,000/yr
10% (+PMI)	$43,100	$3,250/mo	$139,000/yr
20%	$86,200	$2,740/mo	$117,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 70005

At about $243 per square foot, here is roughly how much home different budgets get you in ZIP 70005:

Budget	Approx. size	What that looks like locally
$200k	820 sq ft	below the local median — condos, smaller or older homes
$250k	1030 sq ft	below the local median — condos, smaller or older homes
$300k	1230 sq ft	below the local median — condos, smaller or older homes
$400k	1650 sq ft	around the typical home here
$500k	2060 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 70005 home.

Estimate a specific home in 70005

The estimator below is pre-set to ZIP 70005 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Metairie ZIP codes by home value

Where 70005 sits among Metairie’s 5 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	70005 (this page)	$431,000	$243
2	70002	$365,000	$180
3	70006	$356,000	$179
4	70001	$329,000	$196
5	70003	$282,000	$175

ZIP 70005 home prices: frequently asked

What is the average home price in ZIP code 70005? +

The typical home in ZIP 70005 (Metairie, LA) is worth about $431,000 as of 2026. That is 21% more expensive than the Metairie median of $356,000 and 47% more expensive than the U.S. median of $294,000.

What is the price per square foot in 70005? +

About $243 per square foot in 70005, versus $180 across Metairie and $136 across Louisiana. At that rate a 1,500 sq ft home runs roughly $364,500 and a 2,500 sq ft home about $607,500.

What salary do you need to buy a house in ZIP 70005? +

For the typical $431,000 home in ZIP 70005, a household income of about $117,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $139,000; with 5% down about $146,000.

Is 70005 an expensive ZIP code? +

Within Metairie, 70005 ranks #1 of 5 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Metairie. Nationally it is relatively expensive.

See the full Metairie home values page, all Louisiana cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.