Wallace Lake Heights, Shreveport, LA
Wallace Lake Heights — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Wallace Lake Heights, Shreveport, Louisiana. Explore the cited sources and local facts below while agent underwriting continues.
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Wallace Lake Heights Neighborhood Overview
Wallace Lake Heights is a residential neighborhood located in Shreveport, Louisiana, within the 71101 ZIP code. The area offers a quiet, community-focused atmosphere with convenient access to the city's broader amenities. Its location provides residents with a balance of suburban living and urban proximity.
Lifestyle & Amenities
Residents enjoy a relaxed lifestyle with nearby access to local parks and green spaces. The neighborhood's proximity to major roads facilitates easy trips to shopping centers and dining options in Shreveport. Community events and local gatherings help foster a strong sense of neighborhood connection.
Real Estate Market
The real estate market in Wallace Lake Heights is notably affordable, with a median home value of $88,400 and a price per square foot around $149.35. The median monthly rent is $710, and homes spend an average of 71 days on the market. The homeownership rate in the area is 29%.
Schools & Education
Families in Wallace Lake Heights are served by the Caddo Parish Public School district. The neighborhood provides access to local elementary, middle, and high schools within the parish system. Parents are encouraged to research specific school ratings and programs to find the best fit for their children.
Transportation & Connectivity
The neighborhood is well-connected by major arterial roads, making commutes to downtown Shreveport and other employment centers straightforward. While public transit options are available through the local bus system, most residents rely on personal vehicles for daily transportation. Its central location in the parish offers good connectivity to regional highways.
Why Choose Wallace Lake Heights
Wallace Lake Heights is an ideal choice for budget-conscious buyers and renters seeking an affordable entry into the Shreveport housing market. The area offers a tight-knit community feel with the practical benefits of city access. Its combination of low housing costs and a convenient location presents a compelling value proposition.
Wallace Lake Heights Market Data
| Metric | Value |
|---|---|
| Median Home Price | $88K |
| Median Gross Rent | $710/mo |
| Median Household Income | $18K |
| Homeownership Rate | 29.0% |
| Renter-Occupied | 71.0% |
| Rental Vacancy Rate | 21.8% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 71101 |
Top Real Estate Agents in Wallace Lake Heights, Shreveport
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Wallace Lake Heights, Shreveport, 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 2026-10-12