The housing market in Shreveport, LA is much more affordable than the US average with a median value of $153,800. The appreciation rate has been just 1.91% in the last year, significantly lower than the 8.27% national average, making this an attractive option for those looking for a good deal on a home. Shreveport offers buyers a wide variety of housing options and can be a great choice for those looking for an affordable home or investment property in the area.
The median home cost in Shreveport is $153,800. Home appreciation the last 10 years has been 29.1%. Home Appreciation in Shreveport is up 11.2%.
Average Age of Homes
- The median age of Shreveport real estate is 46 years old
The Rental Market in Shreveport
- Renters make up 38.7% of the Shreveport population
- 4.6% of houses and apartments in Shreveport, 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.