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Cities with the fastest growing home prices in New Orleans metro area

(Source: WVUE/NOLA Weekend)
Published: Mar. 2, 2022 at 12:28 PM CST
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NEW ORLEANS (Stacker) - Cities with the fastest-growing home prices in the New Orleans metro area

Supply and demand drive the real estate market, affecting everything from building and lot values to availability for buyers and sellers. These forces are usually closely aligned with an area’s economy, job market, population, demographics, location, interest rates, and several other constantly evolving factors. The coronavirus pandemic put an enormous strain on the economy but created a real estate boom driven largely by people buying second homes as vacation properties. Stacker compiled a list of cities with the fastest-growing home prices in New Orleans-Metairie, LA using data from Zillow. Cities are ranked by the change in Zillow Home Values Index for all homes and apartments over the last year as of January 2022. The typical home value in the United States increased over the last year by +19.9% to $325,677.Keep reading to see if your home city made the list.#20. Paradis, LA

- 1 year price change: +14.1%- 5 year price change: +18.8%- Typical home value: $154,327 (#44 most expensive city in metro)#19. Madisonville, LA

- 1 year price change: +14.3%- 5 year price change: +24.2%- Typical home value: $346,696 (#3 most expensive city in metro)#18. Saint Rose, LA

- 1 year price change: +14.9%- 5 year price change: +24.2%- Typical home value: $192,645 (#31 most expensive city in metro)#17. Jean Lafitte, LA

- 1 year price change: +15.2%- 5 year price change: +44.9%- Typical home value: $226,512 (#24 most expensive city in metro)#16. Saint Bernard, LA

- 1 year price change: +15.2%- 5 year price change: +35.2%- Typical home value: $116,337 (#50 most expensive city in metro)#15. Covington, LA

- 1 year price change: +15.6%- 5 year price change: +27.4%- Typical home value: $298,388 (#8 most expensive city in metro)#14. Harvey, LA

- 1 year price change: +15.7%- 5 year price change: +44.3%- Typical home value: $222,456 (#27 most expensive city in metro)#13. Mandeville, LA

- 1 year price change: +15.9%- 5 year price change: +31.8%- Typical home value: $346,943 (#2 most expensive city in metro)#12. Elmwood, LA

- 1 year price change: +15.9%- 5 year price change: +34.5%- Typical home value: $239,225 (#22 most expensive city in metro)#11. Marrero, LA

- 1 year price change: +16.1%- 5 year price change: +40.6%- Typical home value: $207,035 (#29 most expensive city in metro)#10. Lacombe, LA

- 1 year price change: +16.8%- 5 year price change: +33.1%- Typical home value: $225,552 (#25 most expensive city in metro)#9. Westwego, LA

- 1 year price change: +17.0%- 5 year price change: +40.5%- Typical home value: $160,929 (#40 most expensive city in metro)#8. Slidell, LA

- 1 year price change: +17.2%- 5 year price change: +37.4%- Typical home value: $225,013 (#26 most expensive city in metro)#7. Braithwaite, LA

- 1 year price change: +17.6%- 5 year price change: -6.6%- Typical home value: $158,326 (#42 most expensive city in metro)#6. Grand Isle, LA

- 1 year price change: +17.8%- 5 year price change: +38.4%- Typical home value: $219,291 (#28 most expensive city in metro)#5. Buras, LA

- 1 year price change: +18.9%- 5 year price change: -3.5%- Typical home value: $71,558 (#55 most expensive city in metro)#4. Eden Isle, LA

- 1 year price change: +19.1%- 5 year price change: +33.0%- Typical home value: $356,332 (#1 most expensive city in metro)#3. Saint James, LA

- 1 year price change: +19.3%- 5 year price change: +34.6%- Typical home value: $118,075 (#49 most expensive city in metro)#2. Lafitte, LA

- 1 year price change: +19.4%- 5 year price change: +41.8%- Typical home value: $239,446 (#21 most expensive city in metro)#1. Edgard, LA

- 1 year price change: +23.7%- 5 year price change: -10.7%- Typical home value: $105,286 (#52 most expensive city in metro)

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