The Ridgeway Terrace housing market is somewhat competitive. The median sale price of a home in Ridgeway Terrace was $127K last month, down 2.6% since last year. The median sale price per square foot in Ridgeway Terrace is $155, up 23.4% since last year.
What is the housing market like in Ridgeway Terrace today?
In December 2024, Ridgeway Terrace home prices were down 2.6% compared to last year, selling for a median price of $127K. On average, homes in Ridgeway Terrace sell after 21 days on the market compared to 21 days last year. There were 6 homes sold in December this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$126,600
-2.6% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Ridgeway Terrace, LA
$126,600
-2.6%
United States
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How hot is the Ridgeway Terrace housing market?
Ridgeway Terrace is somewhat competitive. Homes sell in 22 days.
0
100
33
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 5 days.
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 Ridgeway Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Ridgeway Terrace.
Flood Factor - Moderate
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Ridgeway Terrace has a moderate risk of flooding. 2 properties in Ridgeway Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Ridgeway Terrace. 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
Ridgeway Terrace has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Ridgeway Terrace is most at risk from hurricanes. 3 properties in Ridgeway Terrace 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 177 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 195 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Ridgeway Terrace has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Ridgeway Terrace have an Extreme Heat Factor®.
Ridgeway Terrace is expected to see a 214% increase in the number of days over 108ºF over the next 30 years. Ridgeway Terrace is expected to experience 8