Skip to Main Content
Close IconHouzeo

Do Real Estate on the Go!

OPEN APP

Homes for Sale Under 250K in New Orleans, LA

1,662 Homes for Sale

Sort by:

Showing 1 - 42 of 1,662 homes for sale in New Orleans, LA

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

New Orleans, LA Housing Market Overview

New Orleans is a buyer's market right now. Homes are sitting on the market for 83 days on average. With 8.3 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

83

Inventory

2,503

Oct 2021Jul 2024Oct 2026

Median Home Price

$335,000Up 8.06%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
2,503 Up 17.35%
Newly Listed Homes
2,017 Down 51.92%
Months of Supply
8.3 Up 48.21%

Housing Demand

Homes Sold
903 Down 20.79%
Sale-to-List Ratio
95.5% Up 0.38%
Homes Sold Above List
13% Up 12.16%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full New Orleans Market Report
No. of Homes
Houses for Sale in Gentilly, New Orleans
303
Houses for Sale in Central City, New Orleans
209
Houses for Sale in Seventh Ward, New Orleans
171
Houses for Sale in French Quarter, New Orleans
168
Houses for Sale in Little Woods, New Orleans
161
Houses for Sale in Lower Ninth Ward, New Orleans
129
Houses for Sale in New Aurora English Turn, New Orleans
120
Houses for Sale in Mid City, New Orleans
108
Houses for Sale in St. Claude, New Orleans
107
Houses for Sale in Old Aurora, New Orleans
92
Houses for Sale in Lower Garden District, New Orleans
91
Houses for Sale in Central Business District, New Orleans
89
Houses for Sale in St. Roch, New Orleans
82
Houses for Sale in West End, New Orleans
81
Houses for Sale in Behrman, New Orleans
77
Houses for Sale in Gentilly Terrace, New Orleans
76
Houses for Sale in Leonidas, New Orleans
72
Houses for Sale in Audubon, New Orleans
72
Houses for Sale in Treme Lafitte, New Orleans
69
Houses for Sale in Marigny, New Orleans
65
St. Claude, New Orleans Neighborhood Guide
Leonidas, New Orleans Neighborhood Guide
French Quarter, New Orleans Neighborhood Guide
Treme - Lafitte, New Orleans Neighborhood Guide
Garden District, New Orleans Neighborhood Guide
Algiers Point, New Orleans Neighborhood Guide
New Aurora - English Turn, New Orleans Neighborhood Guide
Uptown, New Orleans Neighborhood Guide
Whitney, New Orleans Neighborhood Guide
Central City, New Orleans Neighborhood Guide
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Best Places to Live in New Orleans, Louisiana
Safest Places to Live in Louisiana
Cheapest Places to Live in Louisiana
  • mls-imgIDX Logo
    Based on information from the ROAM MLS through Nov 9, 2026, 9:15 AM. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 ROAM MLS. All Rights Reserved.
Click to see all homes
static map image
Homes Available icon

1,662

Homes Available

Median List Price icon

$ 335,000

Median List Price

Avg on Market icon

83 Days

Avg on Market