The median sale price of a home in Lorraine Terrace was $225K last month, up 36.4% since last year. The median sale price per square foot in Lorraine Terrace is $180, up 1.1% since last year.
What is the housing market like in Lorraine Terrace today?
In November 2023, Lorraine Terrace home prices were up 36.4% compared to last year, selling for a median price of $225K.
$225K
Sale Price
+36.4% since last year
$180
Sale $/Sq. Ft.
+1.1% since last year
Under List Price
1.3%
Days on Market
33
Down Payment
0.0%
Total Homes Sold
1
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Home offer insights for Lorraine Terrace
Explore recent offers and recently sold homes in Lorraine Terrace
Recent offers
View houses in Lorraine Terrace that sold recently
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Climate's impact on Lorraine Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lorraine Terrace.
Risk Factor
Flood Factor - Moderate
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lorraine Terrace has a moderate risk of flooding. 21 properties in Lorraine Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Lorraine Terrace. Flood risk is increasing slower than the national average.
Lorraine Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
Lorraine Terrace has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Lorraine Terrace has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lorraine Terrace have a Minor Heat Factor®.
Lorraine Terrace is expected to see a 100% increase in the number of days over 98ºF over the next 30 years. Lorraine Terrace is expected to experience 7