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New Orleans, LA Short Sale Homes for Sale

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  • 2936 Eagle St, New Orleans, LA 70118
    2936 Eagle St, New Orleans, LA 70118
    2936 Eagle St, New Orleans, LA 70118
    /19

    $329,000

    • 3 Beds
    • 2 Baths
    • 1,497 Sq Ft

    2936 Eagle St, New Orleans, LA 70118

    Built in 2021, this Carrollton/Earhart corridor standout pairs modern construction with thoughtful design. Behind the gated off-street parking, an easy, light-filled layout offers three separate bedrooms and two full baths. Wood laminate floors, custom built-ins, and ornate tray ceilings add quiet character, while a chef’s kitchen—with quartz countertops, stainless appliances, custom cabinetry, a

    Chris Smith Keller Williams Realty New Orleans

    2936 Eagle St, New Orleans, LA 70118
  • 2424 Lavender St, New Orleans, LA 70122
    2424 Lavender St, New Orleans, LA 70122
    2424 Lavender St, New Orleans, LA 70122
    /18

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,697 Sq Ft

    2424 Lavender St, New Orleans, LA 70122

    Are you looking for classic Old New Orleans charm? Look no further! This move-in ready home features 3 spacious bedrooms, 2 full bathrooms, and an open kitchen, dining, and living area. Cute as can be and ready for its new owners!

    Joyce Guidroz KELLER WILLIAMS REALTY 455-0100

    2424 Lavender St, New Orleans, LA 70122
  • 20159 Old Spanish Trail, New Orleans, LA 70129
    20159 Old Spanish Trail, New Orleans, LA 70129
    20159 Old Spanish Trail, New Orleans, LA 70129
    /31

    $299,900

    • 5 Beds
    • 2 Baths
    • 3,588 Sq Ft

    20159 Old Spanish Trail, New Orleans, LA 70129

    GREAT INVESTMENT PROPERTY!! This one-of-a-kind property is ready for you to call home. Located in Venetian Isles, this home is made with well-fortified steel construction which includes I-beam metal studs, cinder block columns topped with a 3" lightweight concrete slab, Bermuda hurricane shutters, and a whole home generator. It also features an elevator lift shaft, a metal roof (replaced in

    Nathan Bell Keller Williams NOLA Northlake

    20159 Old Spanish Trail, New Orleans, LA 70129
  • 227 S Gayoso St, New Orleans, LA 70119
    227 S Gayoso St, New Orleans, LA 70119
    227 S Gayoso St, New Orleans, LA 70119
    /31

    $475,000

    • 3,862 Sq Ft

    227 S Gayoso St, New Orleans, LA 70119

    Welcome to Mid-City! 6 bedrooms, 4 full baths. 227 Central a/c & heat. This double is ideally situated between Canal St. & Tulane Ave. near the hospital districts and various dining, shopping and entertainment. Exterior features a large, covered porch, french doors, picture windows, re-built balcony (2013), new porch rails (2020), entire outside sanded, caulked & re-painted (2022). Interior: 3

    Karen Stokes Fleur De Lis Realty Group

    227 S Gayoso St, New Orleans, LA 70119
  • 3120 Urquhart St, New Orleans, LA 70117
    3120 Urquhart St, New Orleans, LA 70117
    3120 Urquhart St, New Orleans, LA 70117
    /9

    $145,000

    • 3 Beds
    • 1 Bath
    • 1,134 Sq Ft

    3120 Urquhart St, New Orleans, LA 70117

    Hidden Bywater gem: 3 Bedroom 1-bathroom excellent potential with a little TLC for investors or first-time home buyers. Off street parking for 3 cars. walking distance to cafes and minutes from French Quarters.

    MICHAEL GIBSON Supreme

    3120 Urquhart St, New Orleans, LA 70117
  • 4925 Rhodes Dr, New Orleans, LA 70126
    4925 Rhodes Dr, New Orleans, LA 70126
    4925 Rhodes Dr, New Orleans, LA 70126
    /12

    $186,000

    • 4 Beds
    • 3 Baths
    • 2,051 Sq Ft

    4925 Rhodes Dr, New Orleans, LA 70126

    SELLER MOTIVATED TO SELL. Beautifully renovated spacious home featuring 4 bedrooms, 3 bathroom, granite countertops, ceiling fans, vinyl flooring. No carpet. Covered patio and partial privacy fence. All kitchen appliances remain including washer and dryer. Enjoy community playground down the street. Easy to Show

    MARLENE BERCY ZMD Realty

    4925 Rhodes Dr, New Orleans, LA 70126
  • 4939 Copernicus St, New Orleans, LA 70131
    4939 Copernicus St, New Orleans, LA 70131
    4939 Copernicus St, New Orleans, LA 70131
    /8

    $65,000

    • 2 Beds
    • 1 Bath
    • 726 Sq Ft

    4939 Copernicus St, New Orleans, LA 70131

    Investment Opportunity! X Flood Zone! Large Lot Size In Subdivision!

    G. Carl Scheibe Homesmart Realty South

    4939 Copernicus St, New Orleans, LA 70131
  • 227 29 S Gayoso St, New Orleans, LA 70119
    227 29 S Gayoso St, New Orleans, LA 70119
    227 29 S Gayoso St, New Orleans, LA 70119
    /31

    $475,000

    • 6 Beds
    • 4 Baths
    • 3,862 Sq Ft

    227 29 S Gayoso St, New Orleans, LA 70119

    Welcome to Mid-City! 6 bedrooms, 4 full baths. 227 Central a/c & heat. This double is ideally situated between Canal St. & Tulane Ave. near the hospital districts and various dining, shopping and entertainment. Exterior features a large, covered porch, french doors, picture windows, re-built balcony (2013), new porch rails (2020), entire outside sanded, caulked & re-painted (2022). Interior: 3

    Karen Stokes Fleur De Lis Realty Group

    227 29 S Gayoso St, New Orleans, LA 70119
  • 6800 Norwood Ct, New Orleans, LA 70126
    6800 Norwood Ct, New Orleans, LA 70126
    6800 Norwood Ct, New Orleans, LA 70126
    /15

    $343,000

    • 4 Beds
    • 2 Baths
    • 2,409 Sq Ft

    6800 Norwood Ct, New Orleans, LA 70126

    Welcome to 6800 Norwood Ct, a beautifully maintained 4-bedroom, 2-bathroom home located on a quiet cul-de-sac in New Orleans, Louisiana. This residence offers functional and spacious living for entertaining.The home features a newly renovated kitchen and bathrooms, showcasing modern finishes and thoughtful updates. A garage provides convenient parking and additional storage. Major

    Schameka Santa Cruze ZMD Realty

    6800 Norwood Ct, New Orleans, LA 70126
  • 1161 Lake Ave Unit 127, Metairie, LA 70005
    1161 Lake Ave Unit 127, Metairie, LA 70005
    1161 Lake Ave Unit 127, Metairie, LA 70005
    /12

    $104,900

    • 1 Bed
    • 1 Bath
    • 796 Sq Ft

    1161 Lake Ave Unit 127, Metairie, LA 70005

    Cute, freshly painted one bedroom and one bathroom. You are within walking distance to the levee .Go and show

    David Lowery Compass Kenner (LATT30)

    1161 Lake Ave Unit 127, Metairie, LA 70005
Louisiana Orleans County New Orleans

Short Sale Homes for Sale in New Orleans, LA

Home Trends in New Orleans, LA

On average, homes in New Orleans, LA sell after 92 days on the market compared to the national average of 55 days. The median sale price for homes in New Orleans, LA over the last 12 months is $329,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$329,000
Median Single Family Sale Price
$328,000
Median Townhouse Sale Price
$419,000
Median 2 Bedroom Sale Price
$380,000
Median 1 Bedroom Sale Price
$245,000
Average Price Per Sq Ft
$249
Number of Homes for Sale
2,084
Last 12 months Home Sales
6,211
Months of Supply
4.00
Median List Price
$349,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
0%

Popular Home Searches in New Orleans, LA

New Orleans homebuyers often prioritize architectural character, elevated living, and features suited to the city’s humid climate and historic charm.

  • Love classic local architecture? Explore Victorian homes or shotgun-style homes in neighborhoods like the Marigny or Bywater.
  • Want relief from the heat? Look for listings with air conditioning or covered porches for year-round comfort.
  • Need added flexibility? Browse homes with ADUs or garages for storage or income potential.
  • Enjoy outdoor living? Consider homes with a yard or patio for entertaining and relaxing in the evenings.
  • Prefer something newer? Check out modern homes or new construction in areas like Gentilly or New Orleans East.
How to Buy a Home How to Finance a Home How to Sell a Home

In New Orleans, there are currently 10 short sale homes. A short sale occurs when the lender accepts payment lower than the outstanding mortgage amount from the homeowner. This real estate option can offer buyers an opportunity to secure property at a discounted price, ideal for those seeking value in the market. Browse a selection of short sale homes in New Orleans, LA that offer a unique opportunity for savvy buyers.

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