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 November 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

$244,900

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,212(+2.2%)

Key Takeaway

Homes in Bossier City have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Bossier City was $244,900 in November 2024, up 2.2% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112K$110K
-1.8%
2 $117K$115K
-1.7%
3 $225K$225K
0.0%
4 $321.3K$315K
-2.0%
5+ $472.5K$480K
+1.6%

Summary: Bossier City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Cities

Bossier City
+2.2%
Shreveport
+1.6%

Housing Supply in Bossier City, LA

How many homes are available in Bossier City, LA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
362358-1.1%

Summary: The Bossier City real estate market had 358 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 36
+100.0%
2 2418
-25.0%
3 201186
-7.5%
4 117127
+8.5%
5+ 1721
+23.5%

Summary: The Bossier City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6867-1.5%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

5 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. 52.2% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Bossier City in November 2024, down by 1.5% month-over-month. Of the 67 sold homes, 52% were sold under asking, 40% were sold at asking, and 7% 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

What housing markets are near Bossier City, LA?