Similar to the surrounding areas, it's a bit less expensive compared to the entire nation.
Home prices
The median home in Shreveport costs $148,100. This is about $5,817 (4%) higher in comparison to its surrounding areas.It is approximately $69,400 (31%) lower compared to the rest of the country.
Rents
The median rent in Shreveport is $812 a month. It is roughly $120 (12%) lower compared to nearby areas.In comparison to the entire country it is roughly $250 (23%) lower.
Nearby places
Lakeview
Lakeview is Shreveport's neighbor to the north. Housing prices there are a lot less expensive. Lakeview's median home price is $111,800, which comes out to $36,300 (32%) lower than Shreveport. Its rents are similar. The median rent in Lakeview is $794 a month, which works out to $18 (2%) lower than Shreveport.
Bossier City
Bossier City is Shreveport's neighbor to the northeast. Its housing prices are a little more expensive. The median home in Bossier City costs $163,500, which comes out to $15,400 (9%) higher than Shreveport. The rent there is somewhat more expensive. Bossier City's median rent is $955 per month, which works out to $143 (14%) higher than Shreveport.
Greenwood
Greenwood is Shreveport's neighbor to the west. The real estate prices there are a bit more expensive. The median home value in Greenwood is $168,000, which works out to $19,900 (11%) higher than Shreveport. Rent there is somewhat less expensive. In Greenwood the median rent is $729 per month, which is $83 (11%) lower than Shreveport.
Blanchard
Blanchard is roughly 11 miles northwest from Shreveport. Real estate prices there are a bit more expensive. The median home in Blanchard costs $165,400, which works out to $17,300 (10%) higher than Shreveport. Rent there is a bit more expensive. In Blanchard the median rent is $994 per month, which works out to $182 (18%) higher than Shreveport.
Red Chute
Red Chute is approximately 12 miles northeast of Shreveport. Its real estate prices are a bit more expensive. The median home price in Red Chute is $162,900, which is $14,800 (9%) higher than Shreveport. The rent there is somewhat more expensive. In Red Chute the median monthly rent is $1,057, which works out to $245 (23%) higher than Shreveport.
Waskom
Waskom is about 13 miles west of Shreveport. Its housing prices are substantially less expensive. The value of the median home in Waskom is $82,100, which is $66,000 (80%) lower than Shreveport. Rents there are a bit more expensive. The median rent in Waskom is $1,063 per month, which comes out to $251 (23%) higher than Shreveport.