Zip Code 70072

Marrero, LAJefferson Parish County

Real Estate Market Analysis

Q3 2025 Report
$205,000 (June 2025 estimate)
Median Home Value
~56,000 (2024 estimate)
Population
$54,000
Median Income
Average (C+ to B-)
School District Rating

Market Statistics

Property Values

$205,000 (June 2025 estimate)
Median Home Value
$1,350/month (estimate)
Median Rent
$135 (estimate)
Price per Sq Ft

Market Performance

Home Appreciation~4% YoY (2024-2025)
Market Velocity59% of homes sold within 30 days (June 2025)[5]
Foreclosure RateLow, below national average

Area Information

Area Size~17 sq mi
CountyJefferson Parish
Primary CityMarrero

Housing Profile

Housing Statistics

Total Housing Units~19,000 (estimate)
Owner Occupied~68%
Rental Properties~32%
Vacant Units~8%
New ConstructionLimited; regional construction slowed in 2025 due to high interest rates and economic uncertainty[1][4]

Housing Types

Single-family homesTownhomesSmall multifamilyMobile homes

Demographics

~56,000 (2024 estimate)
Population
37
Median Age
$54,000
Median Income
~94% (unemployment ~6%)
Employment Rate
High school graduate or higher: 85%; Bachelor's degree or higher: 17%
Education Levels
Mixed; families, singles, retirees
Family Composition

Education Quality

School District Performance

Average (C+ to B-)
District Rating
School DistrictJefferson Parish Public School System
Test ScoresSlightly below state average
Graduation Rates~82%

Schools in Area

  • L.W. Higgins High School
  • Marrero Middle School
  • Estelle Elementary School
  • Congetta Trippe Janet Elementary

Economic Factors

Employment & Business

Job GrowthStable, modest growth (1-2% annually)
Unemployment Rate~6%
Business EnvironmentPredominantly service and retail; some healthcare and light industrial
Commercial ActivityActive along Lapalco Blvd and Barataria Blvd

Major Employers

  • Ochsner Medical Center
  • Jefferson Parish Schools
  • Retail (Walmart, Home Depot)
  • Hospitality/Restaurants

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • US-90
  • Westbank Expressway
  • Public bus lines

Utilities & Services

  • Entergy (electric/gas)
  • Jefferson Parish Water
  • Cox/AT&T (internet/phone)

Quality of Life

Safety & Environment

Moderate; property crime above national average, violent crime slightly above state average

Good; some flood risk, but major levee protection

Healthcare Access

  • Ochsner Medical Center-West Bank
  • West Jefferson Medical Center

Development Trends

Planned Developments

  • Small-scale infill housing
  • Retail renovations

Infrastructure Projects

  • Road resurfacing (2025)
  • Drainage improvements

Investment Outlook

Growth Outlook

Stable, slow growth; limited new construction[1][4]

Investment Opportunities

  • Value-add single-family rentals
  • First-time buyer homes
  • Small multifamily conversions

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Young families
  • Investors seeking rental income
  • Retirees

Competitive Advantages

  • Lower prices than New Orleans metro
  • Good transportation access
  • Stable rental demand

Pricing Strategies

Competitive pricing below metro average; incentives for quick close

Common Objections & Response Strategies

Objection: Concerns about crime rates

Response Strategy:

Provide recent crime trend data, highlight neighborhood watch and police presence

Objection: Flood risk

Response Strategy:

Explain levee improvements, provide flood insurance info, highlight elevation certificates

Objection: School quality

Response Strategy:

Share school improvement plans, highlight extracurriculars and private options

Objection: Limited new construction

Response Strategy:

Emphasize value in existing homes, discuss renovation potential

Professional Recommendations

1

Emphasize affordability and access to New Orleans

2

Leverage local lender and insurance contacts for buyers

3

Highlight community amenities and healthcare access

4

Educate buyers on flood mitigation and insurance

5

Target marketing to first-time buyers and investors

6

Monitor inventory closely for off-market and value-add deals

Competitive Analysis

Comparable Markets

  • 70058 (Harvey, LA)
  • 70123 (River Ridge, LA)
  • 70114 (Algiers, New Orleans)

Market Positioning

Affordable suburban alternative to New Orleans

Competitive Advantages

  • Lower median price than New Orleans
  • Higher owner-occupancy than Harvey
  • Better transportation access than Algiers

Price Comparison

~20% below New Orleans metro median

Investment Metrics

6.5% - 7.5% (single-family rentals)
Cap Rates
~7% gross yield
Rental Yields
~12.5
Price-to-Rent
Positive cash flow likely for well-priced rentals
Cash Flow
3-4% annually (2025 outlook)
Appreciation

Buyer Journey Insights

First-Time Buyers

Strong inventory under $250k; FHA/VA loans common; down payment assistance available

Move-Up Buyers

Limited new construction; focus on renovated larger homes

Downsizers

Affordable single-level homes and condos; low-maintenance options

Investors

Steady rental demand; value-add and turnkey properties available

Relocators

Appealing for those seeking affordability and access to New Orleans

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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