Lake Terrace And Oaks Housing Information - Census

IndexLake Terrace And OaksNew OrleansLouisiana
Median home price$382,450$197,000$148,300
Median rent asked$272$929$800
Avg. people per household2.52.42.6
Owner occupied households78.0%46.4%65.4%
Renter occupied households22.0%53.6%34.6%

Lake Terrace And Oaks Housing Information - Zillow

IndexLake Terrace And OaksNew OrleansLouisiana
Zillow home value index$377,653$183,153$141,397
Year over year appreciation rate0.22%2.80%1.30%
5 year average appreciation rate5.63%8.49%3.24%
10 year average appreciation rate2.82%4.96%1.26%

Did you know?

  • The median home price in Lake Terrace And Oaks is 107% higher than the national average.
  • The median rent asked in Lake Terrace And Oaks is 71% lower than the national average.
  • The average number of people per household in Lake Terrace And Oaks is 4% lower than the national average.
  • The number of owner occupied households in Lake Terrace And Oaks is 23% higher than the national average.
  • The number of renter occupied households in Lake Terrace And Oaks is 40% lower than the national average.

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Compare New Orleans, LA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Bridge City, LA6,663$94,70049%
Avondale, LA5,123$96,50048%
Pleasure Bend, LA319$98,80047%
Waggaman, LA9,673$109,20041%
Poydras, LA2,394$109,90040%
New Orleans, LA382,922$197,0007%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Arlington, TX383,899$137,90025%
Wichita, KS388,033$120,80035%
Cleveland, OH389,165$67,50063%
Bakersfield, CA367,555$214,60016%
Tulsa, OK399,906$126,20032%
New Orleans, LA382,922$197,0007%
Source: The Lake Terrace And Oaks, New Orleans, LA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.