New Orleans, LA

Population: 391,495

Number people living below poverty level: 27.0%

Median home price: $217,647

Home price value: $124,001 - $249,000 39.2%

Median rent: $1,154

Percentage of owner occupied: 44.7

Percent of renters: 55.3%

Percent of vacant homes: 20.2%

Most common home type: SINGLE FAMILY HOMES 44.2%

Average annual home appreciation rate: 4.10%

Median sale price: $184,000

Median foreclosure sale price: $83,566

Number of homes: 413

Total of homes for sale in this market: 373

Foreclosure discount: $100,435

Unemployment rate: 6.00%