What is the housing market like in Lake Drive today?
In March 2024, Lake Drive home prices were down 31.6% compared to last year, selling for a median price of $366K.
$597K
Sale Price
$222
Sale $/Sq. Ft.
Under List Price
6.3%
Days on Market
192
Down Payment
—
Total Homes Sold
2
To compare other locations to the Lake Drive and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Metairie add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Home offer insights for Lake Drive
Explore recent offers and recently sold homes in Lake Drive
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Drive housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Drive.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Drive has an extreme risk of flooding. 126 properties in Lake Drive are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Lake Drive. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Drive has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Drive is most at risk from hurricanes. 252 properties in Lake Drive have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 191 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 210 mph.