Metairie & Kenner Market Report — May 2026 | Rêve Realtors
East Jefferson sat balanced this May, with 4.8 months of supply across Metairie and Kenner. The median sale price eased to $324,941, but that dip is more about which homes sold than any drop in demand. The number worth watching is under-contract activity: pending sales jumped more than 20% from last year, pointing to a busier summer ahead. Homes also sold sharply faster, with days on market down more than two weeks. Here is the zip-by-zip picture.
Metairie & Kenner by Area
Old Metairie / Lakeshore
| Metric | May 2026 | YoY Change |
| Median Sale Price | $390,878 | -34.4% |
| Price per Sq Ft | $228 | -17.4% |
| Avg Days on Market | 49 | -28 days |
| Active Listings | 81 | -18.2% |
| Months of Supply | 6.2 | — |
| Closed Sales | 13 | -55.2% |
| Pending Sales | 19 | +18.8% |
| Sale-to-List Ratio | 94.7% | — |
Old Metairie posted a lower median this May at $390,878, but the number reflects a quieter month with fewer high-end sales rather than any slip in the neighborhood's appeal. Just 13 homes sold, down from 29 a year ago. As the parish's most prestigious address, Old Metairie continues to command strong interest when the right homes come to market.
Metairie (Bonnabel)
| Metric | May 2026 | YoY Change |
| Median Sale Price | $336,500 | -0.3% |
| Price per Sq Ft | $193 | -7.8% |
| Avg Days on Market | 33 | -19 days |
| Active Listings | 97 | -22.4% |
| Months of Supply | 2.9 | — |
| Closed Sales | 33 | +50.0% |
| Pending Sales | 32 | +45.5% |
| Sale-to-List Ratio | 95.7% | — |
The Bonnabel and Causeway corridor was Metairie's busiest market this May. Home sales rose 50% from last year, and with under three months of supply, sellers held the advantage. Homes sold in about a month — the fastest pace in the area — while the median held steady at $336,500. Buyers here should come prepared to move quickly.
Metairie (Veterans)
| Metric | May 2026 | YoY Change |
| Median Sale Price | $480,500 | -2.9% |
| Price per Sq Ft | $179 | +1.9% |
| Avg Days on Market | 67 | -26 days |
| Active Listings | 51 | -28.2% |
| Months of Supply | 10.2 | — |
| Closed Sales | 5 | -64.3% |
| Pending Sales | 13 | +30.0% |
| Sale-to-List Ratio | 99.0% | — |
The Veterans corridor was quiet this May, with only five homes selling at a median of $480,500. With over ten months of supply, buyers here have room to look and negotiate. For those eyeing this central Metairie stretch, the pace favors a measured, unhurried approach.
Metairie (Clearview)
| Metric | May 2026 | YoY Change |
| Median Sale Price | $261,500 | -11.2% |
| Price per Sq Ft | $166 | -3.0% |
| Avg Days on Market | 41 | -15 days |
| Active Listings | 120 | -23.6% |
| Months of Supply | 4.8 | — |
| Closed Sales | 25 | -37.5% |
| Pending Sales | 44 | +12.8% |
| Sale-to-List Ratio | 97.6% | — |
The Clearview and West Esplanade area delivered steady value this May. The median eased to $261,500, but buyer demand stayed strong, with 44 homes going under contract — the most in the area. For families looking for attainable, suburban single family homes in Metairie, this is one of the most active and accessible markets around.
Metairie (Bissonet)
| Metric | May 2026 | YoY Change |
| Median Sale Price | $336,500 | +12.7% |
| Price per Sq Ft | $169 | +6.0% |
| Avg Days on Market | 53 | -5 days |
| Active Listings | 51 | -21.5% |
| Months of Supply | 3.9 | — |
| Closed Sales | 13 | +18.2% |
| Pending Sales | 14 | +55.6% |
| Sale-to-List Ratio | 98.2% | — |
Bissonet and Lake Villa strengthened this May, with the median rising 12.7% to $336,500. Supply tightened, and homes sold at 98% of asking. This established, suburban pocket of Metairie is leaning toward sellers, and well-maintained homes are finding buyers close to their list price.
Kenner (Chateau Estates)
| Metric | May 2026 | YoY Change |
| Median Sale Price | $322,500 | -3.7% |
| Price per Sq Ft | $162 | -4.2% |
| Avg Days on Market | 53 | -8 days |
| Active Listings | 137 | +17.1% |
| Months of Supply | 5.3 | — |
| Closed Sales | 26 | -31.6% |
| Pending Sales | 29 | +16.0% |
| Sale-to-List Ratio | 95.7% | — |
Chateau Estates and the Lakeside area held steady this May. The median eased slightly to $322,500, with a balanced five-plus months of supply. As Kenner's higher-end market near the lake, it offers a measured pace where well-priced homes trade reasonably and buyers have time to make sound decisions.
Kenner (Rivertown)
| Metric | May 2026 | YoY Change |
| Median Sale Price | $238,750 | +10.0% |
| Price per Sq Ft | $191 | +29.7% |
| Avg Days on Market | 34 | -11 days |
| Active Listings | 41 | +13.9% |
| Months of Supply | 6.8 | — |
| Closed Sales | 6 | -50.0% |
| Pending Sales | 6 | -33.3% |
| Sale-to-List Ratio | 98.7% | — |
Rivertown and South Kenner remain the most affordable way into East Jefferson, with a median of $238,750. With under seven months of supply, buyers have leverage here. For first-time buyers and investors drawn to Kenner's older, accessible housing stock, this is the entry point — and right now, the negotiating room favors them.
Luxury Market — $500,000+
The $500K-and-up tier cooled and turned more selective in May. The luxury median fell 15.1% to $600,750 and closings dropped to 16, while months of supply climbed to 7.2 — the softest segment in East Jefferson. Buyers at this level have leverage and patience right now, and luxury sellers need sharp pricing and standout presentation to compete. The upper end is where the negotiation is happening.
Working With Rêve
Rêve Realtors is a locally owned brokerage with deep expertise across East Jefferson and the greater New Orleans metro. Whether you're buying your first home in Clearview or selling a luxury property in Old Metairie, our agents know this market and can help you navigate it with confidence.
Connect With a Rêve AgentThe headline numbers in Metairie and Kenner softened this month, but I would not read too much into them. Pending sales — the homes under contract right now — are up more than 20% from last year, and that tells me summer is shaping up strong. Homes are also selling more than two weeks faster than they did a year ago. If you have been thinking about making a move in East Jefferson, the momentum is building, and getting ahead of it is the smart play.
Clint LaCour
CEO, Rêve Realtors
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