Lake Terrace & Oaks, New Orleans, LA
Lake Terrace & Oaks — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lake Terrace & Oaks, New Orleans, Louisiana. Explore the cited sources and local facts below while agent underwriting continues.
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Lake Terrace & Oaks Neighborhood Overview
Lake Terrace & Oaks is a residential neighborhood in New Orleans, Louisiana, located in the ZIP code 70121. It is characterized by its quiet, suburban-style streets and a strong sense of community. The area offers a peaceful retreat while remaining conveniently connected to the broader city.
Lifestyle & Amenities
Residents enjoy a relaxed lifestyle with easy access to nearby parks and the scenic Lake Pontchartrain shoreline. The neighborhood is primarily residential, with shopping and dining options available a short drive away in adjacent areas. Its tree-lined streets and well-kept homes contribute to a pleasant, family-friendly atmosphere.
Real Estate Market
The real estate market in Lake Terrace & Oaks features single-family homes with a Census median home value of $233,200. Current market data indicates an asking price per square foot of approximately $110.69, reflecting its desirability as a stable New Orleans neighborhood.
Schools & Education
The neighborhood is served by the Orleans Parish School District, which includes a mix of public and charter schools. Families in the area have several educational options available to them, contributing to its appeal for those with children.
Transportation & Connectivity
Major roadways like I-10 and the Lake Pontchartrain Causeway provide excellent connectivity for commuters heading to downtown New Orleans or the Northshore. While primarily car-dependent, the area's layout facilitates easy travel throughout the metropolitan region.
Why Choose Lake Terrace & Oaks
Homebuyers choose Lake Terrace & Oaks for its combination of suburban tranquility and urban accessibility. With a median household income of $56,378, it represents a stable and affordable community within the New Orleans housing market. It is an ideal choice for those seeking a quiet neighborhood with a strong residential character.
Lake Terrace & Oaks Market Data
| Metric | Value |
|---|---|
| Median Home Price | $233K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $56K |
| Homeownership Rate | 55.2% |
| Renter-Occupied | 44.8% |
| Rental Vacancy Rate | 8.0% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 70121 |
Top Real Estate Agents in Lake Terrace & Oaks, New Orleans
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lake Terrace & Oaks, New Orleans, LA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Louisiana Real Estate Commission (LREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16