The housing market in Shreveport, LA (71105) is quite different than the national median. The median value of a home in this area is $194,700, which is significantly lower than the US median of $338,100. Additionally, while the US house appreciation rate over the past year has been 8.27%, Shreveport's house appreciation rate for the same period was only 1.91%. This indicates that the housing market in Shreveport is not as robust as other locations across the country.
The median home cost in Shreveport (zip 71105) is $194,700. Home appreciation the last 10 years has been 29.1%. Home Appreciation in Shreveport (zip 71105) is up 11.2%.
Average Age of Homes
- The median age of Shreveport (zip 71105) real estate is 48 years old
The Rental Market in Shreveport (zip 71105)
- Renters make up 42.9% of the Shreveport (zip 71105) population
- 5.1% of houses and apartments in Shreveport (zip 71105), 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.