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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Stay updated with the latest news and trends in the foreclosure market. Learn about new opportunities, changes in foreclosure laws, and expert tips to help you make the most of your investment. Whether you're a first-time buyer or a seasoned investor, staying informed can help you navigate the complexities of buying foreclosed properties