Bossier City, Louisiana Housing Market Prices
Bossier City Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 10% below the Louisiana median$152,868
-
Median rent 1% above the Louisiana median$1,075
Housing Market Overview
| Metric | Bossier City | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $152,868 | $170,446 | $248,835 |
| Price Trend (Annual %) | 4.2% | 4.3% | 7.5% |
| Median Gross Rent | $1,075 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bossier City is about 10% lower than in Louisiana. Rent is about 1% higher than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bossier City, up about 4.2% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Bossier City rose about 25.9% between 2015 and 2024, from $854 to $1,075. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Bossier City.
Buying the median-priced home in Bossier City costs roughly 11.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bossier City. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | Bossier City | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $152,868 | $170,446 | $248,835 |
| Median Household Income | $50,186 | $60,934 | $80,455 |
| Price-to-Income Ratio | 3.0 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bossier City rose about 13.3%, while median household income rose about 10.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bossier City | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 41.7% | 57.7% | 58.5% |
| Rental Rate | 47.9% | 27.9% | 31.2% |
| Vacancy Rate | 10.4% | 14.4% | 10.2% |
| Median Tenure (years) | 11.0 | 16.0 | 15.0 |
| Median Year Moved In | 2015 | 2010 | 2011 |
Bossier City has a homeownership rate of 41.7%, lower than the Louisiana average of 57.7%. Its housing vacancy rate is 10.4%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | Bossier City | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.33 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1980 | 1983 | 1978 |
| Median Number of Rooms | 5.2 | 5.5 | 5.5 |
The typical housing unit in Bossier City was built around 1980. On average, 2.3 people live in a home with about 5.2 rooms, staying for about 11.0 years on average.
Bossier City, LA Housing Compared With Nearby Cities
How Bossier City, LA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bossier City, LA | 45,787 | $152,868 #2/2 | $1,075 #1/2 | 46.6% #2/2 |
| Shreveport, LA | 153,357 | $179,303 | $977 | 51.2% |
Frequently Asked Questions
Common questions about the housing market in Bossier City, Louisiana.
What is the median home price in Bossier City, Louisiana?
The median home price in Bossier City, Louisiana is $152,868, lower than the Louisiana average of $170,446.
What is the average home price in Bossier City, Louisiana?
The typical home price in Bossier City, Louisiana, reported as the median sale price, is $152,868. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bossier City, Louisiana?
The median gross rent in Bossier City, Louisiana is $1,075 per month, higher than the Louisiana average of $1,063.
What was the median gross rent in Bossier City in 2020?
In 2020, the median gross rent in Bossier City, Louisiana was $935 per month.
What is the price-to-rent ratio in Bossier City, Louisiana?
The price-to-rent ratio in Bossier City, Louisiana is about 11.9, meaning it would take roughly 11.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bossier City.
Are home prices or rent rising faster in Bossier City, Louisiana?
Both home prices and rent are rising in Bossier City, up about 4.2% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bossier City, Louisiana?
41.7% of households in Bossier City, Louisiana own their home, lower than the Louisiana average of 57.7%.
What is the vacancy rate in Bossier City, Louisiana?
The housing vacancy rate in Bossier City, Louisiana is 10.4%, lower than the Louisiana average of 14.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →