Most Affordable Homes for Sale in New Orleans, LA Right Now
Last updated: October 7, 2025
New Orleans has a median home sale price of $306K, a 3.0% decrease from last year. Homes stay on the market for an average of 131 days and receive an average of 1 offers.
About this home
WATERFRONT on Irish Bayou. Irish Bayou where the pace slows, the fishing lines stretch long, and every sunset tells a story. This true bayou camp sits on prime waterfront property offering uninterrupted views, direct access to boating and fishing and a front row seat to Louisiana's rich wildlife and natural splendor. While the structure itself needs significant renovations and will need to be a cash purchase, the bones are there and so is the soul of something special. Bring this waterfront Irish Bayou property back to life and enjoy making unforgettable memories as the current owners have. They are ready for someone new to carry on the tradition! 2849 Ridgeway MLS #2505556 is also for sale next door.
About this home
The home is on two lots total 31 x 125. Previously a double, Hold harmless agreement is signed and submitted before visiting the property. Call agent at 504-495-3361. Poor Condition. Utilities will not be turned on. Succession property closing with Bayou Title on Crowder Blvd. Proof of funds is submitted with offers. Property is sold (As IS )
About this home
Don't miss this opportunity to own a home in the Historic Holy Cross neighborhood right next to Bywater. This home is tucked away on a quiet cul de sac, featuring a cozy front porch and has laminate flooring throughout. Kitchen is a blank slate waiting for your ideas and personal touches. Convienient location only minutes to the French Quarter and CBD. HUD propertyCase #221-590536 • Owner Occupant purchaser of all HUD REO properties utilizing FHA-insured financing are eligible for $100 down payment incentive. See www. HUDHOMESTORE. gov for all details.
About this home
This two bedroom 1.5 bath townhouse is completely gutted and ready for your ideas. This home would make a great addition to any investment portfolio. The roof was installed in 2022 plus some exterior repairs were done. Buyer is motivated and will entertain all reasonable offers.
About this home
Bring your vision and tools — this classic New Orleans home is ready for a full renovation and revival! With 3 bedrooms and 2 baths there’s plenty of room to reimagine the space for modern living while preserving its authentic character. The generous Corner lot also offers potential for off-street parking. Located just minutes from the vibrant energy of downtown, the French Quarter, and local dining hotspots, this is an ideal opportunity for savvy investors, rehabbers, or anyone looking to create their dream home in New Orleans. Cash or renovation loans only. Sold as-is with no repairs by the seller. Don’t miss your chance to breathe new life into this diamond in the rough — opportunities like this are getting harder to find in the city!
About this home
Tons of possibilities for this amazing location.
About this home
Calling all investors and flippers! This 3-bedroom, 1.5-bath home in Gentilly Woods is a prime renovation opportunity. The property was flooded during Hurricane Ida and has been partially gutted. It will require foundation repairs and a full interior rehab — but the new roof has already been installed, saving you a major upfront expense. SQ FT ESTIMATED, NOT GUARANTEED. SOLD AS IS WITH WAIVER OF REDHIBITION. Located in a x Flood zone Sitting on an oversized lot with a covered carport, this home has great bones and strong upside potential. Whether you're looking to flip or hold as a rental, this property offers plenty of value-add potential in a well-established and improving neighborhood. Sold as-is. Seller will make no repairs. Bring your crew and vision — this one won’t last!
About this home
Investment Property. Great Opportunity! Gutted. Will Need Complete Interior Renovation. Succession Process Complete And Clear Title!
About this home
Owner prefers to sale as package deal, Vacant Land Sold with 1927 Marigny St 1931 Marigny St for no less than $200,000, Great Investment Opportunity. MLS numbers 2520228, 2520011, 2520000
About this home
NEEDS TOTAL RENOVATION, NEW ROOF, NEEDS TO BE GUTTED AND RESTORED
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