The housing median value in 71101 Shreveport, LA is $79,500. Compared to the US median house value of $338,100, it is much lower. The US one-year house appreciation rate is 8.27%, while in 71101 Shreveport the one-year house appreciation rate is 1.91%. This indicates that the housing market in 71101 Shreveport may be stagnating or not rising as quickly as other areas in the United States. It may also suggest that the real estate prices are more affordable in 71101 Shreveport than many other places around the US.
The median home cost in Shreveport (zip 71101) is $79,500. Home appreciation the last 10 years has been 29.1%. Home Appreciation in Shreveport (zip 71101) is up 11.2%.
Average Age of Homes
- The median age of Shreveport (zip 71101) real estate is 57 years old
The Rental Market in Shreveport (zip 71101)
- Renters make up 57.9% of the Shreveport (zip 71101) population
- 13.3% of houses and apartments in Shreveport (zip 71101), 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.