Home prices
The median home in Redwater costs $86,300. Compared to its nearby areas this is about $9,340 (9%) lower.In comparison to the entire country it is about $131,200 (60%) lower, and compared to the city of Shreveport is approximately $61,800 (41%) lower.
Rents
In Redwater the median rent is $967 a month. This is about $225 (30%) higher compared to its nearby areas.In comparison to the United States as a whole it is roughly $95 (8%) lower, and compared to the city of Shreveport is approximately $155 (19%) higher.
Nearby places
Maud
Maud is roughly 5 miles southwest from Redwater. Its housing prices are a bit less expensive. The median home in Maud is valued at $72,500, which works out to $13,800 (19%) lower than Redwater. Rent there is a lot less expensive. The median rent in Maud is $713 per month, which comes out to $254 (35%) lower than Redwater.
Leary
Leary is approximately 8 miles north from Redwater. Its real estate prices are somewhat less expensive. Leary's median home value is $66,100, which is $20,200 (30%) lower than Redwater. Its rents are significantly less expensive. The median rent in Leary is $700 per month, which works out to $267 (38%) lower than Redwater.
Hooks
Hooks is approximately 8 miles north of Redwater. Its real estate prices are similar. The median home value in Hooks is $87,500, which comes out to $1,200 (1%) higher than Redwater. The rent there is significantly less expensive. The median rent in Hooks is $718 a month, which works out to $249 (34%) lower than Redwater.
Wake Village
Wake Village is approximately 8 miles northeast of Redwater. Its real estate prices are substantially more expensive. The median home in Wake Village is valued at $134,000, which works out to $47,700 (35%) higher than Redwater. The rent there is somewhat less expensive. In Wake Village the median rent is $745 per month, which comes out to $222 (29%) lower than Redwater.
Nash
Nash is about 8 miles northeast of Redwater. The housing prices there are a little more expensive. The median home value in Nash is $118,100, which is $31,800 (26%) higher than Redwater. Rent there is a little less expensive. The median monthly rent in Nash is $836, which comes out to $131 (15%) lower than Redwater.