Most Affordable Homes for Sale in New Orleans, LA Right Now
Last updated: December 1, 2025
New Orleans has a median home sale price of $295K, a 8.3% decrease from last year. Homes stay on the market for an average of 130 days and receive an average of 1 offers.
About this home
This New Orleans home can be yours by having a heart for the arts this Valentine’s season, through the Key to Your Heart House Raffle. This property is part of a charitable online raffle and features a beautifully updated 3BR/2BA home with classic gingerbread charm, modern finishes, and a prime Bayou St. John location—on the parade route and minutes from restaurants, theaters, grocery stores, and downtown. The winner also receives a $3,500 appliance credit to customize the kitchen. Reserve your $50 tickets by February 12 at 11:59 PM for access to early-bird bonus prizes. Get tickets: https://rayze. it/key2yourheart/. Sponsored by and benefiting GAUDANSE® Void where prohibited. Winner need not be present. State of LA Raffle License # G4434. More info on the arts and culture 501(c)3 organization: www. gaudanse.org
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
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
Great Investment Property on Ground Floor with 1 Bedroom & 1 Bathroom. New Kitchen and Bathroom with new cabinets and quartz countertops. Washer and dryer hookups. Fresh interior paint. Schedule your showing today.
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
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
NEEDS TOTAL RENOVATION, NEW ROOF, NEEDS TO BE GUTTED AND RESTORED
About this home
This property is an investor’s dream in the Crescent City! This classic 2-bedroom, 1-bath shotgun style home is brimming with potential and ready for renovation, making it the perfect canvas for your next project. You’ll enjoy the quintessential front porch, off street parking, and an abundance of storage in the backyard. Local favorites like The Joint BBQ, Bywater Bakery, and Bacchanal are just 10 minutes away. This property offers a fantastic opportunity to restore and customize a piece of New Orleans history. Whether you’re looking to flip, rent, or design your dream home, the possibilities are endless. With easy access to downtown, the French Quarter, and Metairie, this location is ideal for those seeking both convenience and culture. Don’t miss your chance to bring your vision to life and turn this home into a true gem!
About this home
Investor's Paradise 3 bedroom 2 bathrooms home centrally located on a corner lot surrounded by vibrant culture, food and music. Don't miss out on the opportunity to refurbish or demolish and build your dream home. * No utilities can be connected for inspections * Sold In As-Is Condition - Cash buyer Only - Selller is motivated * .
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