Shreveport appreciation rates and housing market information

Shreveport housing market information

With 200,549 people, 86,921 houses or apartments, and a median cost of homes of $126,221, house prices in Shreveport are solidly below the national average.

single-family detached homes are the single most common housing type in Shreveport, accounting for 67.59% of the city's housing units. Other types of housing that are prevalent in Shreveport include large apartment complexes or high rise apartments (17.13%), duplexes, homes converted to apartments, or other small apartment buildings (8.59%), row houses and other attached homes (3.83%), and a few mobile homes or trailers (2.80%).

The most prevalent building size and type in Shreveport are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 53.61% owning, and 37.00% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Shreveport's housing was primarily built during this period, from the '40s through the '60s. A full 48.72% of the city's housing hails from this era. Other housing ages represented in Shreveport include homes built between 1970-1994 (39.40%), and housing constructed from 1939 and earlier (7.82%). There's also some housing in Shreveport built between 1995 and later (4.06%).

Shreveport home appreciation rates

Shreveport's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Shreveport during the period has been just 5.83%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Shreveport home appreciation rates, at 2.37%, have been at or slightly above the national average. In the latest quarter, Shreveport's appreciation rate has been 2.48%, which annualizes to a rate of 9.92%.

Importantly, this makes Shreveport 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 Shreveport's latest annual appreciation rate is higher than 75% 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 Shreveport differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Shreveport - 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 Shreveport real estate investment or home purchase decisions.