Bossier City appreciation rates and housing market information

Bossier City housing market information

With a population of 56,349, 22,893 total housing units (homes and apartments), and a median house value of $138,670, house prices in Bossier City are solidly below the national average.

single-family detached homes are the single most common housing type in Bossier City, accounting for 65.64% of the city's housing units. Other types of housing that are prevalent in Bossier City include large apartment complexes or high rise apartments (16.59%), duplexes, homes converted to apartments, or other small apartment buildings (7.29%), mobile homes or trailers (5.54%), and a few row houses and other attached homes (4.88%).

The most prevalent building size and type in Bossier City are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 55.59% owning, and 36.90% renting.

There is a lot of housing in Bossier City built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bossier City built from 1940-1969 (40.60%). A lesser amount of the housing stock also hails from 1995 and later (10.37%), and some were built from 1939 and earlier (10.37%).

Bossier City home appreciation rates

Bossier City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bossier City during the period has been just 5.98%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Bossier City home appreciation rates, at 2.52%, have been at or slightly above the national average. In the latest quarter, Bossier City's appreciation rate has been 2.52%, which annualizes to a rate of 10.08%.

Importantly, this makes Bossier City one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Louisiana, our data show that Bossier City's latest annual appreciation rate is higher than 77% of the other cities and towns in Louisiana.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bossier City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bossier City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Bossier City real estate investment or home purchase decisions.