Bossier City, LA is known for its affordable housing. The median value of homes in Bossier City is $236,400 which is significantly lower than the national median of $338,100. Despite this disparity in prices, the housing market in Bossier City has seen a 1.91% growth over the past year which is much lower than the 8.27% appreciation nationally. This indicates that Bossier City provides a great opportunity for budget-conscious buyers who are looking to purchase a home at an affordable price without sacrificing too much on appreciation potential.
The median home cost in Bossier City (zip 71111) is $236,400. Home appreciation the last 10 years has been 29.1%. Home Appreciation in Bossier City (zip 71111) is up 11.2%.
Average Age of Homes
- The median age of Bossier City (zip 71111) real estate is 29 years old
The Rental Market in Bossier City (zip 71111)
- Renters make up 39.7% of the Bossier City (zip 71111) population
- 5.1% of houses and apartments in Bossier City (zip 71111), 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.