The housing market in 71108 Shreveport, LA is much lower than the national average. The median value of houses in this zip code is $81,200 compared to the US median value of $338,100. Additionally, house appreciation for the past year in 71108 Shreveport, LA was 1.91%, while the national appreciation for the same period was 8.27%. These figures illustrate that housing in 71108 Shreveport, LA is relatively cheap and has a slow rate of increase in home values.
The median home cost in Shreveport (zip 71108) is $81,200. Home appreciation the last 10 years has been 29.1%. Home Appreciation in Shreveport (zip 71108) is up 11.2%.
Average Age of Homes
- The median age of Shreveport (zip 71108) real estate is 51 years old
The Rental Market in Shreveport (zip 71108)
- Renters make up 38.9% of the Shreveport (zip 71108) population
- 2.4% of houses and apartments in Shreveport (zip 71108), 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.