Bossier Parish, Louisiana Housing Market Prices
Bossier Parish 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 63% below the Louisiana median Cheaper than 87% of counties in Louisiana$63,871
-
Median rent 10% above the Louisiana median More expensive than 87% of counties in Louisiana$1,174
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bossier Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $63,871 | $170,446 | $248,835 |
| Price Trend (Annual %) | -6.8% | 4.3% | 7.5% |
| Median Gross Rent | $1,174 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bossier Parish is about 63% lower than in Louisiana. Rent is about 10% higher than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Bossier Parish: home prices fell about 6.8% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
Median rent in Bossier Parish rose about 31.6% between 2015 and 2024, from $892 to $1,174. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Bossier Parish.
Buying the median-priced home in Bossier Parish costs roughly 4.5 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 Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | Bossier Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $63,871 | $170,446 | $248,835 |
| Median Household Income | $69,637 | $60,934 | $80,455 |
| Price-to-Income Ratio | 0.9 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bossier Parish fell about 56.1%, while median household income rose about 35.0% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bossier Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.3% | 57.7% | 58.5% |
| Rental Rate | 31.3% | 27.9% | 31.2% |
| Vacancy Rate | 10.4% | 14.4% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Bossier Parish has a homeownership rate of 58.3%, higher than the Louisiana average of 57.7%. Its housing vacancy rate is 10.4%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | Bossier Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1985 | 1983 | 1978 |
| Median Number of Rooms | 5.6 | 5.5 | 5.5 |
The typical housing unit in Bossier Parish was built around 1985. On average, 2.5 people live in a home with about 5.6 rooms, staying for about 14.0 years on average.
Bossier Parish, LA Housing Compared With Nearby Counties
Bossier Parish, LA is the 2nd largest of the 4 counties compared here, 129,734 residents against a local median of 35,820. The measure that sets Bossier Parish, LA apart most is median home price: $63,871, 56% below the local median of $144,012.
Median rent tells the same story from another angle: $1,174 against a local median of $794, 48% above it. The counties themselves spread $204,034 on median home price, so Bossier Parish, LA sits at one end of an already wide local range rather than apart from it. Bossier Parish, LA has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bossier Parish, LA | 129,734 | $63,871 #3/4 | $1,174 #1/4 | 65.1% #3/4 |
| Webster Parish, LA | 35,820 | $144,012 | $794 | 66.8% |
| Caddo Parish, LA | 229,305 | $59,652 | $973 | 60.3% |
| De Soto Parish, LA | 27,025 | $263,686 | $686 | 77.2% |
Frequently Asked Questions
Common questions about the housing market in Bossier Parish, Louisiana.
What is the median home price in Bossier Parish, Louisiana?
The median home price in Bossier Parish, Louisiana is $63,871, lower than the Louisiana average of $170,446.
What is the average home price in Bossier Parish, Louisiana?
The typical home price in Bossier Parish, Louisiana, reported as the median sale price, is $63,871. 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 Parish, Louisiana?
The median gross rent in Bossier Parish, Louisiana is $1,174 per month, higher than the Louisiana average of $1,063.
What was the median gross rent in Bossier Parish in 2020?
In 2020, the median gross rent in Bossier Parish, Louisiana was $989 per month.
What is the price-to-rent ratio in Bossier Parish, Louisiana?
The price-to-rent ratio in Bossier Parish, Louisiana is about 4.5, meaning it would take roughly 4.5 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 Parish.
Are home prices or rent rising faster in Bossier Parish, Louisiana?
Home prices and rent are moving in opposite directions in Bossier Parish: home prices fell about 6.8% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Bossier Parish, Louisiana?
58.3% of households in Bossier Parish, Louisiana own their home, higher than the Louisiana average of 57.7%.
What is the vacancy rate in Bossier Parish, Louisiana?
The housing vacancy rate in Bossier Parish, 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 →