Why Live in Metairie Terrace
Metairie Terrace is a small residential neighborhood bordered by Airline Highway, providing convenient access to New Orleans, Kenner, and Baton Rouge. The area is known for its traditional homes, including cottages, bungalows, doubles, and ranch-style residences, with well-kept lawns and mature trees. The neighborhood features both single- and multi-family homes, as well as a selection of condominiums and townhouses. Residents enjoy proximity to Lake Pontchartrain and the Mississippi River, offering ample recreational opportunities like boating and fishing. Metairie Terrace is a bedroom community with nearby shopping, restaurants, and parks. Schools in the area include the highly rated Metairie Academy for Advanced Studies and Riverdale High School, which is recognized for its diversity and International Baccalaureate program. Cleary Playground provides dedicated green space with baseball and football fields, batting cages, a tot lot, and a gymnasium with a fitness center. For things to do, Hub Hobby Shop offers a range of hobby supplies, while Guillory’s Deli and Tamales serves up local favorites like tamales and daily hot plate lunches. Fulco’s Bar, a neighborhood staple since 1943, is known for its laid-back atmosphere and outdoor seating. Metairie Terrace is safer than the national average, making it a desirable location for those seeking a quiet community with easy access to urban amenities.
Home Trends in Metairie Terrace, LA
On average, homes in Metairie Terrace, Metairie sell after 84 days on the market compared to the national average of 52 days. The median sale price for homes in Metairie Terrace, Metairie over the last 12 months is $308,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$308,000
Median Single Family Sale Price
$308,000
Median Townhouse Sale Price
$377,500
Average Price Per Sq Ft
$192
Number of Homes for Sale
10
Last 12 months Home Sales
28
Median List Price
$329,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-5%