New Orleans, LA

Population
391,495

Average Annual Home Appreciation Rate
4.10%

Total # of Homes for Sale in this Market
373

Median Home Price
$217,647

Median Rent
$1,154

Home Price Range

Median Sales Price
$184,000

Number of "Troubled" homes(in some form of foreclosure)
413

Median Foreclosure Sales Price
$83,566

Foreclosure Discount
$100,435

Most Common Home Type
SINGLE FAMILY HOMES 44.2%

% of Vacant Homes

% of Renters

% of Owner Occupied

People Living Below Poverty Level
27.0%

Unemployment Rate
6.00%

Is this area perfect for Real Estate deals going on right now?