Metairie & Kenner Real Estate Market Update

Market Assessment: Buyers & Sellers

If you're buying: You have more room than you did in June, with the territory at 4.5 months of supply and homes averaging 51 days on market. Price per square foot is down 5.8% year over year to $183, so on a square-footage basis you're getting more house for your money than buyers did last July. Just know the negotiating room varies a lot by pocket, from 3.3 months of supply around Bissonet to 10.8 in Kenner's Rivertown, though Rivertown's reading rests on just four closings. Veterans, at 7.0, is the deepest read on a normal sample.

If you're selling: Buyers are still paying close to ask, sale-to-list rose to 97.3% from 96.6% last July, and pending sales are up 6.1%, so serious demand is in the market. What changed is pace, not interest, closings came in at 130, down 4.4% from last July. Price against what's actually selling in your own pocket, because the territory median rose 1.8% while price per square foot fell 5.8%, and those two numbers point in opposite directions.

Metairie & Kenner by Area

Old Metairie / Lakeshore

Metric	July 2026	YoY Change
Median Sale Price	$436,200	+5.9%
Price per Sq Ft	$231	-11.6%
Avg Days on Market	61 days	-2 days
Active Listings	70	-23.9%
Months of Supply	4.1	—
Closed Sales	17	-26.1%
Pending Sales	20	+25.0%
Sale-to-List Ratio	97.0%	—

Old Metairie and Lakeshore hold the highest prices of any pocket in the territory, with a July median of $436,200, up 5.9% from last July. Look one level down, though, and price per square foot fell 11.6% to $231. That combination means the homes that sold were larger, not that values rose across the board. Only 17 homes closed, down from 23 a year ago, and there are 70 active listings, nearly a quarter fewer than last July. Sellers are getting 97.0% of asking price, up from 94.2%, so the buyers who are here are serious.

Metairie (Bonnabel)

Metric	July 2026	YoY Change
Median Sale Price	$302,000	-8.3%
Price per Sq Ft	$204	+1.9%
Avg Days on Market	36 days	+5 days
Active Listings	90	-25.6%
Months of Supply	3.6	—
Closed Sales	25	-10.7%
Pending Sales	28	+16.7%
Sale-to-List Ratio	97.7%	—

The Bonnabel corridor moved faster than any other pocket in the territory this July, with homes averaging 36 days on market. It's also one of the few pockets still in seller's market conditions at 3.6 months of supply, while Metairie and Kenner overall have shifted to balanced. The median came in at $302,000, down 8.3% from last July, but price per square foot rose 1.9% to $204, so smaller homes made up more of the sales rather than values sliding. Inventory is down 25.6% to 90 active listings. If you're buying here, be ready to move when something fits.

Metairie (Veterans)

Metric	July 2026	YoY Change
Median Sale Price	$360,000	-23.4%
Price per Sq Ft	$166	-9.0%
Avg Days on Market	95 days	-39 days
Active Listings	56	-9.7%
Months of Supply	7.0	—
Closed Sales	8	+33.3%
Pending Sales	13	-13.3%
Sale-to-List Ratio	97.3%	—

The Veterans corridor is the hardest pocket to read this month, and the honest answer is that it's moving two directions at once. The median fell 23.4% to $360,000, but only 8 homes closed, which is a small enough number that one or two sales swing the figure. At the same time, sales activity rose 33.3% and homes sold 39 days faster than last July, averaging 95 days. Sellers got 97.3% of asking price, up from 94.5%. At 7.0 months of supply this is the most buyer-friendly stretch of Metairie, so there's real room to negotiate.

Metairie (Clearview)

Metric	July 2026	YoY Change
Median Sale Price	$295,000	+4.4%
Price per Sq Ft	$166	-9.8%
Avg Days on Market	41 days	-10 days
Active Listings	135	-17.2%
Months of Supply	4.0	—
Closed Sales	34	+21.4%
Pending Sales	39	+62.5%
Sale-to-List Ratio	96.4%	—

More homes sold in the Clearview area than anywhere else in Metairie or Kenner this July, 34 closings, up 21.4% from last year, with another 39 under contract. The median rose 4.4% to $295,000 and homes sold in 41 days on average, 10 days faster than last July. Inventory tightened 17.2% to 135 active listings, bringing supply to 4.0 months from 5.8 a year ago. Buyers here are still negotiating, though, sellers averaged 96.4% of asking price. It's an active, accessible pocket where well-priced homes are finding buyers quickly.

Metairie (Bissonet)

Metric	July 2026	YoY Change
Median Sale Price	$333,000	-5.5%
Price per Sq Ft	$172	+2.8%
Avg Days on Market	49 days	+17 days
Active Listings	50	-21.9%
Months of Supply	3.3	—
Closed Sales	15	+36.4%
Pending Sales	7	-58.8%
Sale-to-List Ratio	97.9%	—

Bissonet has the tightest supply in Metairie or Kenner right now at 3.3 months, down from 5.8 months last July, with 50 active listings, 21.9% fewer than a year ago. Sales rose 36.4% to 15 closings and sellers averaged 97.9% of asking price. The median came in at $333,000, down 5.5%, though price per square foot rose 2.8% to $172. Homes are taking longer to sell than last year, 49 days on average versus 32. If you're planning to list here, the low competition works in your favor, but the pace has slowed and pricing precision still matters.

Kenner (Chateau Estates)

Metric	July 2026	YoY Change
Median Sale Price	$298,000	+15.3%
Price per Sq Ft	$165	+1.2%
Avg Days on Market	62 days	+11 days
Active Listings	135	+8.9%
Months of Supply	5.0	—
Closed Sales	27	0.0%
Pending Sales	28	+7.7%
Sale-to-List Ratio	97.6%	—

Chateau Estates gave Kenner buyers the rare combination of more choices and steady prices this July. Active listings rose 8.9% to 135 while the median climbed 15.3% to $298,000, and 27 homes closed, the same number as last July. At $165 per square foot, this is the most affordable per-foot entry point in Metairie or Kenner. Homes are taking longer to sell, 62 days on average compared with 51 last year, so sellers should plan for a longer runway. Buyers get selection here without giving up much on price.

Kenner (Rivertown)

Metric	July 2026	YoY Change
Median Sale Price	$295,000	+28.3%
Price per Sq Ft	$175	+1.4%
Avg Days on Market	41 days	-0 days
Active Listings	43	+79.2%
Months of Supply	10.8	—
Closed Sales	4	-69.2%
Pending Sales	4	-55.6%
Sale-to-List Ratio	98.9%	—

Rivertown needs a caveat up front: only 4 homes sold here in July, down from 13 last year, so any price figure from this month rests on a very small sample. The median came in at $295,000, up 28.3%, but four sales can't establish a trend and shouldn't anchor a listing price. The clearer signal is inventory. Active listings jumped 79.2% to 43 homes while months of supply moved to 10.8 from 1.8 a year ago. That's a meaningful build-up, and it gives buyers more selection and more leverage here than anywhere else in the territory.

The Luxury Market

The $500K-plus tier ran on the same split as the rest of the territory. Median price climbed 5.0% to $679,500 while price per square foot slipped 7.3% to $245, and closings fell 15.4% to 22. But the buyers who did transact moved quickly and paid up: 35 days on market, 17 days faster than last July, and 98.2% of list versus 96.7% a year ago. With active luxury inventory down 17.7% to 107 homes, 5.1 months of supply, and pending sales up 72.2% to 31, the pipeline heading into August looks considerably fuller than July's closing count suggests.

If you take one thing from July's numbers in Metairie and Kenner, make it this: the median price and the price per square foot moved in opposite directions, and the per-foot figure is the one telling you what a house is worth. A balanced market at 4.5 months of supply gives both sides time to think, which is a healthier place to transact than the compressed spring we just came out of. Whether you're pricing a listing or writing an offer, the numbers for your specific block matter far more than the territory average. We're happy to walk you through both.

Clint LaCour
CEO, Rêve Realtors

These are general market numbers. Rêve agents pull data from the specific micro markets to price and position your home with precision.

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Frequently Asked Questions

What is the median home price in Metairie and Kenner in July 2026?

The territory median was $323,818 in July 2026, up 1.8% from July 2025. Price per square foot moved the other way, falling 5.8% to $183. That combination means larger homes made up more of July's sales rather than values rising broadly, so per-square-foot comparisons give you a truer picture than the median alone.

Is Metairie/Kenner a buyer's or seller's market right now?

It's a balanced market as of July 2026, at 4.5 months of supply. That's a shift from June, when the territory sat at 3.7 months and favored sellers. The change came from the sales side rather than a flood of listings: 130 homes closed in July, down from 157 in June, while inventory held at 579 homes. Measured against last July the territory is still tighter than it was, 4.5 months versus 4.8.

Why did prices go up but price per square foot go down in Metairie and Kenner?

The July 2026 median rose 1.8% to $323,818 while price per square foot fell 5.8% to $183. When those two move in opposite directions, it usually means the mix of homes selling changed, in this case toward larger properties. Buyers paid more in total for bigger houses while paying less per foot for the space, which is why sellers should price against square-footage comps rather than the headline median.

Which parts of Metairie and Kenner give buyers the most negotiating room?

Kenner's Rivertown area has the loosest conditions at 10.8 months of supply in July 2026, up from 1.8 months a year earlier, with active listings up 79.2% to 43 homes. The Veterans corridor follows at 7.0 months of supply. Only 4 homes closed in Rivertown in July, though, so comparable sales there are limited and buyers should lean on active listings when evaluating price.

How is the luxury market performing in Metairie and Kenner?

Homes priced at $500,000 and above posted a median of $679,500 in July 2026, up 5.0% year over year, with 22 closings, down 15.4%. The buyers who transacted moved decisively, averaging 35 days on market, 17 days faster than last July, and paying 98.2% of list price. Pending sales in the tier rose 72.2% to 31, which points to a fuller August than July's closing count suggests.

How long does it take to sell a home in Metairie or Kenner?

Homes averaged 51 days on market across the territory in July 2026, one day longer than July 2025. Pace varies widely by area: the Bonnabel corridor averaged 36 days while the Veterans corridor averaged 95, even though Veterans improved by 39 days from a year ago. Sellers territory-wide received 97.3% of asking price, up from 96.6% last July.

Data sourced from Courted.io. Single family residential unless otherwise noted. Figures represent July 2026 and are calculated from 13-month rolling Courted export data. Low-volume markets (fewer than 5 closed sales) are noted and should be interpreted with caution.