Is Bossier City, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bossier City has remained a Seller's Market.
Housing Prices in Bossier City, LA
How much do homes in Bossier City, LA cost?
Median Sold Price
$237,757
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bossier City was $237,757 in April 2024, down 2.8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $115K | +6.5% |
2 Bedrooms | $99.9K | $110K | +10.1% |
3 Bedrooms | $223.6K | $221.8K | -0.8% |
4 Bedrooms | $324.5K | $315K | -2.9% |
5+ Bedrooms | $468K | $508.7K | +8.7% |
Summary: Bossier City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 10.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Shreveport | $184.7K | $184.7K | 0% |
Bossier City | $244.6K | $237.7K | -2.8% |
Housing Supply in Bossier City, LA
How many homes are available in Bossier City, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
331 | 358 | +8.2% |
Summary: The Bossier City real estate market had 358 homes for sale in April 2024, a 8.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 18 | 28 | +55.6% |
3 Bedrooms | 157 | 153 | -2.5% |
4 Bedrooms | 126 | 144 | +14.3% |
5+ Bedrooms | 26 | 30 | +15.4% |
Summary: The Bossier City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 55.6%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 89 | +8.5% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Bossier City in April 2024, up by 8.5% month-over-month. Of the 89 sold homes, 48% were sold under asking, 35% were sold at asking, and 17% were sold over asking.
Days on Market for Bossier City, LA
How long does it take to sell a home in Bossier City, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 36 Days | +43.4% |
Summary: Homes in Bossier City had an average of 36 days on market in Apr 2024, up by 43.4% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 89 homes were sold in Bossier City; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.