While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
Bywater: Is well known for its lively arts scene and ancient appeal as it has many foreclosures to offer. This is a cool place for investors who are on the look out for character-based properties that may appreciate with time.
Mid-City: Many of the homes in Mid-City are foreclosures; it is a mix of residential and commercial properties. For all these reasons, people see it as one of the most advantageous areas in town having a central position besides the fact that there is an availability of various amenities such as parks, public transportation among others.
Gentilly: Among the inexpensive foreclosures available, Gentilly offers a varied population. Its perfect for both first time homebuyers and investors as well as having growth potential along with being family-oriented.
Treme: Has rich culture and historical background that give opportunities to buy a foreclosure property amidst urban development. This neighborhood might be appealing to someone who wants to invest into a historic yet developing community.
Algiers Point: On the west bank of the Mississippi River boasts beautiful historical houses alongside foreclosure homes. Algiers Point has a tight-knit community plus good scenery which makes it attractive to those who intend buying or investing too.
Median Home Price (12 Mo): $327,083
Median Single-Family Home Price: $372,000
Median Townhouse Price: $315,000
Median 2-Bedroom Price: $349,000
Median 1-Bedroom Price: $227,500
Average Price Per Sq Ft: $215
Number of Homes for Sale: 1,933
Home Sales in the Last 12 Months: 5,768 (down 24.3% YoY)
Months of Supply: 4.3 months
Median List Price: $347,667
Median Discount from 1st List Price: 3-6% depending on the neighborhood and property type
Median Home Sale Price YoY Change: -7.1%
Percentage Rate of Foreclosure: 0.4%
Foreclosure Data:
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