Wallace Lake Heights, LA Housing Market

Homes for sale

The Wallace Lake Heights housing market is somewhat competitive. The median sale price of a home in Wallace Lake Heights was $289K last month, down 5.1% since last year. The median sale price per square foot in Wallace Lake Heights is $154, down 2.2% since last year.

Trends
Demand
Schools
Climate

Wallace Lake Heights Housing Market Trends

What is the housing market like in Wallace Lake Heights today?

In February 2025, Wallace Lake Heights home prices were down 5.1% compared to last year, selling for a median price of $289K. On average, homes in Wallace Lake Heights sell after 53 days on the market compared to 126 days last year. There were 14 homes sold in February this year, up from 4 last year.

$281K

Sale Price

-7.9%
since last year

$154

Sale $/Sq. Ft.

-2.2%
since last year

Under List Price

0.5%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Wallace Lake Heights and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Shreveport add value to a home.

How hot is the Wallace Lake Heights housing market?

Wallace Lake Heights is somewhat competitive. Homes sell in 24 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for around list price.

Compare With Nearby Neighborhoods

Shreve City

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 63 days.
Hot homes
can sell for around list price and go pending in around 38 days.

Ellerbe Woods

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 98 days.
Hot homes
can sell for about 1% below list price and go pending in around 21 days.

See more nearby cities and neighborhoods

Schools in Wallace Lake Heights

Learn about schools in the Wallace Lake Heights area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 Wallace Lake Heights housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Wallace Lake Heights.

Flood Factor - Minor

6% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Major

96% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Severe

96% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

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