The median sale price of a home in Lake Drive was $406K last month, up 6.2% since last year. The median sale price per square foot in Lake Drive is $219, down 1.4% since last year.
What is the housing market like in Lake Drive today?
In April 2025, Lake Drive home prices were up 6.2% compared to last year, selling for a median price of $406K.
$406K
Sale Price
-32.0% since last year
$219
Sale $/Sq. Ft.
-1.4% since last year
Under List Price
2.1%
Days on Market
80
Down Payment
—
Total Homes Sold
1
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.
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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.
Flood Factor - Severe
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Drive has a severe 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.