Shreveport, LA

Population: 200,327
Average annual home appreciation rate: 5.80%
Total of homes for sale in this market: 425
Median home price: $123,620
Median Rent: $884 per room
Home price range: 37.59% of homes are between $101,001 – $201,000
Median sales price: $123,500
Number of homes: 287
Median foreclosure sales price: $50,500
Foreclosure discount: 59%
Most common home type: 67.75% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.00%
Number of renters: 45.30%
Number of owner occupied: 54.70%
Number people living below poverty level: 21.53%
Unemployment rate: 7.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Shreveport area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Leave a Reply

Your email address will not be published. Required fields are marked *