Bossier City, LA has a median housing value of $202,700, which is significantly lower than the US median house value of $338,100. The US house appreciation rate for the past year was 8.27%, however the one year appreciation rate in Bossier City was 1.91%. This indicates that although house values are increasing at a slower rate in Bossier City, it is still on an upward trend and can be seen as an appealing area to invest in real estate.
The median home cost in Bossier City is $202,700. Home appreciation the last 10 years has been 29.1%. Home Appreciation in Bossier City is up 11.2%.
Average Age of Homes
- The median age of Bossier City real estate is 38 years old
The Rental Market in Bossier City
- Renters make up 40.4% of the Bossier City population
- 5.4% of houses and apartments in Bossier City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.