Is Bossier County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bossier County has remained a Seller's Market.
Key Takeaway
Bossier County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bossier County, LA
How much do homes in Bossier County, LA cost?
Median Sold Price
$246,520
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bossier County have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Bossier County was $246,520 in March 2024, down 3.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108K | $112K | +3.7% |
| 2 Bedrooms | $100K | $115K | +15.0% |
| 3 Bedrooms | $225.4K | $225K | -0.2% |
| 4 Bedrooms | $334.1K | $334K | 0% |
| 5+ Bedrooms | $462.5K | $515K | +11.4% |
Summary: Bossier County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Counties
| Caddo County | $186.6K | $184.3K | -1.2% |
| Bossier County | $255.1K | $246.5K | -3.4% |
| Webster County | $147K | $129.9K | -11.6% |
Housing Supply in Bossier County, LA
How many homes are available in Bossier County, LA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 468 | 500 | +6.8% |
Summary: The Bossier County real estate market had 500 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 15 | 20 | +33.3% |
| 3 Bedrooms | 234 | 236 | +0.9% |
| 4 Bedrooms | 178 | 203 | +14.0% |
| 5+ Bedrooms | 36 | 37 | +2.8% |
Summary: The Bossier County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 2.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 94 | 103 | +9.6% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bossier County, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.
Summary: A total of 103 homes were sold or pending in Bossier County in March 2024, up by 9.6% month-over-month. Of the 103 sold homes, 49% were sold under asking, 38% were sold at asking, and 14% were sold over asking.
Days on Market for Bossier County, LA
How long does it take to sell a home in Bossier County, LA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 54 Days | +37.3% |
Summary: Homes in Bossier County had an average of 54 days on market in Mar 2024, up by 37.3% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bossier County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 103 homes were sold in Bossier County; 48% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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