Most Affordable Homes for Sale in New Orleans, LA Right Now
Last updated: August 21, 2025
New Orleans has a median home sale price of $335K, a 9.8% increase from last year. Homes stay on the market for an average of 117 days and receive an average of 1 offers.
About this home
Ground floor unit, needs updating. good location in the complex, close to assigned parking.
About this home
REDUCED FOR QUICK SALE!!! Quaint, 2 Bedroom / 1 Full bath home located just off Hayne Blvd. near Lake Pontchartrain between Read Blvd. and Bullard Blvd. This home has brick and wood exterior and will need renovation. Great Opportunity for either the investor looking to fix and flip or the owner/occupant purchaser looking to fix up to their particular tastes. Sold in As-Is condition. No utilities will be connected for inspections or appraisal. This opportunity won't last long! Call your agent today to schedule your private showing.
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
* * * Investor's DELIGHT * * * This Townhome is a potential $$Cash Cow$$ once it's repaired as Section 8 rent could be as much as $1,750 per month for a 3-Bedroom. The property has water and smoke damage due to a fire in the Townhome next door that has been torn down. This home is spacious with a nice floor plan allowing privacy for all bedrooms Jack and Jill style bathrooms upstairs. This home also has 1 Full Bathroom and 2 Half Bathrooms No utilities will be provided. A Hold Harmless Agreement must be signed prior to all Showings. Being sold "As-Is".
About this home
Cottage style home, sitting on a corner lot with a detached garage, 2 bedrooms. 1 Full bathroom, nice sized living room and kitchen. This home has old historical New Orleans build, so many cute things can be done to this home to restore it to its beauty and putting your personal touches. Come on by and take a look.
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
Investor Special – 4 Bed / 2 Bath Fixer! This 4BR/2BA home needs a full renovation but has strong potential in a neighborhood showing growth. For a flip or rental, with a spacious layout and plenty of room to add value. Solid ARV upside, no HOA. Sold AS-IS. Cash or hard money only.