Is Bossier County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bossier County has remained a Seller's Market.
Housing Prices in Bossier County, LA
How much do homes in Bossier County, LA cost?
Median Sold Price
$249,608
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bossier County was $249,608 in May 2024, down 2.3% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $117K | +8.3% |
2 Bedrooms | $96K | $116K | +20.8% |
3 Bedrooms | $225.6K | $225.6K | 0.0% |
4 Bedrooms | $333.9K | $341.6K | +2.3% |
5+ Bedrooms | $462.5K | $508.7K | +10.0% |
Summary: Bossier County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 20.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Counties
Caddo County | $184.9K | $187.3K | +1.3% |
Bossier County | $255.5K | $249.6K | -2.3% |
Webster County | $143.8K | $130K | -9.6% |
Housing Supply in Bossier County, LA
How many homes are available in Bossier County, LA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
544 | 557 | +2.4% |
Summary: The Bossier County real estate market had 557 homes for sale in May 2024, a 2.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 31 | 34 | +9.7% |
3 Bedrooms | 237 | 240 | +1.3% |
4 Bedrooms | 230 | 237 | +3.0% |
5+ Bedrooms | 44 | 43 | -2.3% |
Summary: The Bossier County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 2.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
134 | 130 | -3.0% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 130 homes were sold or pending in Bossier County in May 2024, down by 3.0% month-over-month. Of the 130 sold homes, 45% were sold under asking, 39% were sold at asking, and 15% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 51 Days | +47.8% |
Summary: Homes in Bossier County had an average of 51 days on market in May 2024, up by 47.8% compared to last year.
Breakdown of Home Sale Times
70 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During May 2024, 130 homes were sold in Bossier County; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.