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1 / 30#30. Arabi, LA
- Typical home value: $226,723
- 1-year price change: -0.0%
- 5-year price change: -8.8%
Cities with the most expensive homes in the New Orleans metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the New Orleans metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 46 cities and towns.
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2 / 30#29. Marrero, LA
- Typical home value: $228,087
- 1-year price change: +5.3%
- 5-year price change: -4.1%
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3 / 30#28. Saint Rose, LA
- Typical home value: $232,360
- 1-year price change: +0.7%
- 5-year price change: +0.8%
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4 / 30#27. Des Allemands, LA
- Typical home value: $233,892
- 1-year price change: +6.0%
- 5-year price change: -10.8%
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5 / 30#26. Harvey, LA
- Typical home value: $234,179
- 1-year price change: +8.9%
- 5-year price change: -0.1%
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6 / 30#25. Pearl River, LA
- Typical home value: $234,975
- 1-year price change: +0.5%
- 5-year price change: -1.1%
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7 / 30#24. Ama, LA
- Typical home value: $237,953
- 1-year price change: +0.8%
- 5-year price change: -2.4%
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8 / 30#23. Meraux, LA
- Typical home value: $241,255
- 1-year price change: -0.5%
- 5-year price change: +1.3%
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9 / 30#22. Gretna, LA
- Typical home value: $242,127
- 1-year price change: +2.8%
- 5-year price change: -9.9%
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10 / 30#21. New Orleans, LA
- Typical home value: $243,781
- 1-year price change: -1.9%
- 5-year price change: -12.1%
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11 / 30#20. Jefferson, LA
- Typical home value: $258,115
- 1-year price change: -8.1%
- 5-year price change: -26.5%
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12 / 30#19. Grand Isle, LA
- Typical home value: $261,556
- 1-year price change: -4.6%
- 5-year price change: -19.2%
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13 / 30#18. Kenner, LA
- Typical home value: $269,861
- 1-year price change: +3.9%
- 5-year price change: -20.1%
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14 / 30#17. Hahnville, LA
- Typical home value: $277,578
- 1-year price change: +2.7%
- 5-year price change: -11.5%
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15 / 30#16. Abita Springs, LA
- Typical home value: $287,551
- 1-year price change: -0.9%
- 5-year price change: +6.1%
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16 / 30#15. Luling, LA
- Typical home value: $288,488
- 1-year price change: +3.2%
- 5-year price change: +1.1%
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17 / 30#14. Braithwaite, LA
- Typical home value: $290,734
- 1-year price change: -2.9%
- 5-year price change: -16.9%
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18 / 30#13. Destrehan, LA
- Typical home value: $298,396
- 1-year price change: +1.3%
- 5-year price change: +8.4%
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19 / 30#12. Bush, LA
- Typical home value: $299,123
- 1-year price change: +1.8%
- 5-year price change: -6.2%
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20 / 30#11. Folsom, LA
- Typical home value: $306,375
- 1-year price change: +1.6%
- 5-year price change: -0.5%
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21 / 30#10. Harahan, LA
- Typical home value: $312,474
- 1-year price change: +5.1%
- 5-year price change: -11.2%
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22 / 30#9. Paulina, LA
- Typical home value: $316,063
- 1-year price change: +4.4%
- 5-year price change: +8.0%
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23 / 30#8. Covington, LA
- Typical home value: $322,459
- 1-year price change: +1.2%
- 5-year price change: +7.5%
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24 / 30#7. Eden Isle, LA
- Typical home value: $327,794
- 1-year price change: -2.8%
- 5-year price change: -1.7%
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25 / 30#6. Metairie, LA
- Typical home value: $328,021
- 1-year price change: +6.4%
- 5-year price change: -4.4%
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26 / 30#5. Belle Chasse, LA
- Typical home value: $336,290
- 1-year price change: -0.8%
- 5-year price change: -2.6%
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27 / 30#4. River Ridge, LA
- Typical home value: $357,977
- 1-year price change: +6.8%
- 5-year price change: -4.3%
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28 / 30#3. Mandeville, LA
- Typical home value: $360,422
- 1-year price change: +0.5%
- 5-year price change: +9.9%
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29 / 30#2. Madisonville, LA
- Typical home value: $378,481
- 1-year price change: +0.2%
- 5-year price change: +12.7%
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30 / 30#1. Elmwood, LA
- Typical home value: $424,725
- 1-year price change: +3.8%
- 5-year price change: +10.6%
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