Lake Terrace and Oaks, LA Housing Market

$467,590

0.4% 1-yr

The average Lake Terrace and Oaks, LA home value is $467,590, down 0.4% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Lake Terrace and Oaks Key Takeaways

Typical Home Values: $467,590

1-year Value Change: -0.4%

(Data through April 30, 2025)

Lake Terrace and Oaks Housing Market Overview

--1-year Market Forecast

13For sale inventory(April 30, 2025)

3New listings(April 30, 2025)

--Median sale to list ratio

--Median sale price(March 31, 2025)

--Median list price(April 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Milneburg$200,373
St. Anthony$212,797
Pontchartrain Park$158,610
Fillmore$304,531
Gentilly Terrace$217,284
Gentilly Woods$163,726
Dillard$187,208
Lake Shore-Lake Vista$670,706
Pines Village$126,075

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Lake Terrace and Oaks Rental Market Trends

--Average rent in Lake Terrace and Oaks

$2,024National average rent(April 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.