The housing market in 71119 Shreveport, LA is doing relatively well compared to the national average. The median value of a house in 71119 is $170,500, while the US median value is $338,100. While the US experienced an 8.27% one-year appreciation rate in housing values, 71119 saw a smaller but still positive 1.91% appreciation rate. This suggests that the local housing market in 71119 is stable and performing well despite any economic fluctuations or concerns that may be felt nationally.
The median home cost in Shreveport (zip 71119) is $170,500. Home appreciation the last 10 years has been 29.1%. Home Appreciation in Shreveport (zip 71119) is up 11.2%.
Average Age of Homes
- The median age of Shreveport (zip 71119) real estate is 38 years old
The Rental Market in Shreveport (zip 71119)
- Renters make up 20.6% of the Shreveport (zip 71119) population
- 0.0% of houses and apartments in Shreveport (zip 71119), 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.