New Orleans East Real Estate & Homes for Sale in Louisiana
New Orleans East is part of the Ninth Ward of in New Orleans Parish area located along the Industrial Canal. Popular New Oreleans neighborhoods include Lake Willow, Spring Lake, Lake Kenilworth, Seabrook, Melia, Pines Village, East and West Lake Forest, Edgelake and more. More upscale neighborhoods and gated communities include Eastover Estates and Lake Forest Estates with many attractive luxury homes.
After Hurricane Katrina in 2005, New Orleans has been undergoing many rebuilding projects to restore parts of New Orleans affected by flooding. With its cultural charm New Orleans East is an attractive place in the heart of New Orleans for potential home buyers.
Real Estate Market Summary - Prices of New Orleans East Homes for Sale
Average home prices in New Orleans (East) for today?s market are around $260,00 for single family homes. If you are interested in historical or plantation style New Orleans homes, they are currently listed around $200,000 to $700,000. Many historic houses have recently been renovated. There are many East New Orleans properties for investment opportunities at affordable prices including foreclosures. East New Orleans condos for sale are priced below $100,000, many condos offer spacious floor plans.
Looking for your new home? View currently listed homes in New Orleans East Louisiana. See market trends of New Orleans East real estate market including average home prices, property values, townhomes, condominiums and other property types. Interested in bank owned or foreclosure properties? Access foreclosures, bank owned properties, short sales and more real estate in New Orleans East Louisiana.
New Orleans East Real Estate Stats and Trends for the week of April 1st, 2020: homes priced around $131,909 compared to $131,909 the previous week, to remain steady with no change in listing price. For Wednesday, April 1st, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.
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