Affordability evidence

Shreveport, LA home values, income, and owner costs

A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Shreveport, LA.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

House models, keys, and documents arranged for real estate planning
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In Shreveport, LA, the 2024 ACS reports a median owner-occupied home value of $178,900, median household income of $48,699, and median selected monthly owner costs of $1,431 for owners with a mortgage. For the decision at hand, together, those three reference points can help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,431 measure combines recurring ownership expenses in place of real estate taxes alone. In practical terms, a useful affordability review starts with $178,900, $48,699, and $1,431, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Shreveport, LA's $178,900 median home-value estimate is below the statewide $216,500 estimate, with a reported city-to-state gap of 17.4%. For the decision at hand, that 17.4% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Shreveport, LA.