A typical Wallace Ridge home is worth roughly $200,000
What it takes to buy in Wallace Ridge
Try your own numbers below.
That covers a typical Wallace Ridge home, with $54K to spare.
A two-bedroom rents for about $840 a month here, $280 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Wallace Ridge’s typical property tax (0.44% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $840
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Catahoula Parish, LA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
73% of Wallace Ridge households own their home
Half of Wallace Ridge’s homes were built before 1976.
Louisiana: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Wallace Ridge buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.