There are currently 71,090 real estate properties in Shreveport, LA, with a median automated valuation model (AVM) price of $133,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shreveport, LA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Shreveport, LA, is $156,652.00, with the most expensive house in Shreveport, LA, topping out at $5,859,500.00 and the cheapest home in Shreveport, LA, clocking in at $11,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Shreveport, LA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shreveport, LA, is on a rollercoaster ride. The average rent price in Shreveport, LA, is $1,189.00. Indeed, when looking to rent in Shreveport, LA, you can expect to pay as little as $450.00 or as much as $2,880.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Shreveport, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Shreveport, LA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Shreveport, LA and much more. Save thousands at closing with home foreclosure listings in Shreveport, LA — up to 75% off market value!
Shreveport is located in Caddo, Louisiana, with an estimated municipal population of 187,112 residents. All of the best foreclosed homes for sale in Shreveport are located in the following zip code areas on Foreclosure.com: 71129 71101 71103 71104 71105 71106 71107 71108 71109 71119 71118 71102 71120 71130 71133 71134 71135 71136 71138 71148 71149 71151 71152 71153 71154 71156 71161 71162 71163 71164 71165 71166. The estimated population per square kilometer (.62 miles) in Shreveport is 672.
So, about how much do homes cost in Shreveport? The most recent median value of resident-owned homes in Shreveport is 145,114. An estimated 52.7 percent of households in Shreveport own their homes, with an average family size of 3.3. The median household income in Shreveport is 39,090, with16.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Shreveport, the median commute time of resident workers (in minutes) is 19.1. And last, but certainly not least, are you looking for homes to rent in Shreveport? If so, the average rent price paid by renters in Shreveport is 812, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Shreveport, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Shreveport is 35.7, split between 47 percent male versus 53 female. The percentage of residents who report being married in Shreveport is 36.3, with an average family size of 3.3.
The percentage of residents who report their race in Shreveport is as follows:
|Black / African American||57.1%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Shreveport? Or maybe you are searching for 55+ active adult communities in and/or near Shreveport?
The percentage of residents who report their age in Shreveport is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Shreveport with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Shreveport.
How do you know that living in -- or moving to -- Shreveport is right where you need to be? Perhaps you grew up in Shreveport or already live nearby; therefore, the decision to buy a home in Shreveport is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Shreveport for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Shreveport:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Shreveport.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Shreveport can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Shreveport, meanwhile, can field multiple offers from more qualified buyers.