Is Bossier City, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bossier City is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Bossier City has remained a Seller's Market.

Key Takeaway

Bossier City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bossier City, LA

How much do homes in Bossier City, LA cost?

Median Sold Price

$244,500

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,250(+1.3%)

Key Takeaway

Homes in Bossier City have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Bossier City was $244,500 in October 2024, up 1.3% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $111K$110K
-0.9%
2 $111K$112K
+0.9%
3 $226.1K$224.7K
-0.6%
4 $320K$315.3K
-1.5%
5+ $464K$485K
+4.5%

Summary: Bossier City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Shreveport
+2.4%
Bossier City
+1.3%

Housing Supply in Bossier City, LA

How many homes are available in Bossier City, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
320360+12.5%

Summary: The Bossier City real estate market had 360 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 1924
+26.3%
3 184202
+9.8%
4 99113
+14.1%
5+ 1819
+5.6%

Summary: The Bossier City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6667+1.5%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bossier City, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Bossier City in October 2024, up by 1.5% month-over-month. Of the 67 sold homes, 55% were sold under asking, 39% were sold at asking, and 6% were sold over asking.

Days on Market for Bossier City, LA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Bossier City, LA

Nearby Markets to Bossier City, LA

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