Louisiana: Unique Among Southern States

The great state of Louisiana has been described as being “different” than other states, with locals citing the division of the state into parishes rather than counties, and its laws being based on Spanish, Roman, and French law, rather than English law, as a reason for this.

When asked by a Kentucky student about their prospects attending university in Lafayette, a Louisiana resident cautioned against the idea, stating that there is “not much to do.” Instead, the resident offered Baton Rouge, Shreveport, and Bossier City as viable alternatives for a young person.

Southern States

Wide Range In Prices

For those looking to move to a southern U.S. city, an option to consider is Bossier City: Homes for sale in the northwestern Louisiana city range in price from a median of $89,389 in the Hinkle neighborhood to a median of $237,035 in the Fosters neighborhood, indicating that, no matter what your home-shopping budget, Bossier City probably has a property that fits within it.

Bossier City has a number of elementary and high schools, in addition to Bossier Parish Community College and a Louisiana Tech campus. The population has grown every decade, since 1890. The population is reported today at 68,094, an increase of 2.7 percent from 2013.

For some, the reported high crime rate in Bossier City might be a deal breaker. Neighborhood Scout reports that the city is safer than only 6 percent of all cities in the United States, with 7.55 violent crimes and 43.82 property crimes occurring per 1,000 residents. The Range Road / Lake Drive neighborhood is said to be the safest. Perhaps not surprisingly, the Hinkle neighborhood, that offers some of the lowest-priced homes, is also reported as the most dangerous.

Regular Home-Value Appreciation

Over the past year, average real estate prices in Bossier City have appreciated at the highest rate, 4.85 percent, observed since 1990. Since 1990, average home prices have increased by an average of 3.18 percent per year, and by 124.04 percent overall. The rate of appreciation over the past year puts Bossier City in the 60th and 70th percentile of all housing markets in Louisiana and the United States, respectively. Since 1990, average appreciation rates land the city in the 70th and 80th percentile groups, for the state as a whole and the nation, respectively.

Pleasant Climate

The climate of Bossier City is described as suptropical and humid, characterized by high humidity and temperatures during the summer months, and milder, drier winters. Something new residents should be aware of before considering a real estate purchase in the area, is Bossier City’s propensity for severe flooding, with the Red River being cited as the source.

There are several certified real estate agents who serve the city, and who are familiar with the intricacies of the different neighborhoods, including the safest and most flood prone. Consider contacting an agent if you are thinking about buying real estate in Bossier City; they will likely be your most valuable source of information.