Housing Insights for ZIP Code 71112 (Bossier City, LA)

Housing Summary for ZIP Code 71112

Homeowners

The median home value in ZIP Code 71112 (Bossier City, LA) is $154,000. Approximately 60.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.6%.

The average occupancy of owner-occupied units in ZIP Code 71112 is 2.58 occupants, while owner-occupied units have an aggregate average size of 2.81 bedrooms per housing unit.

Renters

In the 71112 ZIP Code, an estimated 39.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.9%.

Among renter-occupied units in this ZIP, the average occupancy is 2.28 occupants, while renters in this Bossier County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 71112

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 71112.

ZIP 71112 Louisiana U.S.
Median Home Value $154,000 $213,371 $356,002
Owner-Occupied Housing Units 60.2% 65.6% 64.0%
Homeowner Vacancy Rate 1.6% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.58 2.68 2.70
Average # of Bedrooms Per Unit 2.81 2.75 2.75
Median Housing Rent $0 $866 $1,062
Renter-Occupied Housing Units 39.8% 34.4% 36.0%
Rental Vacancy Rate 7.9% 8.6% 6.0%
Average Size of Renter-Occupied Unit 2.28 2.48 2.49
Percent of Income Spent on Rent 0% 30.69% 29.83%

Home Values in ZIP Code 71112 (Bossier City, LA)

The median home value in ZIP Code 71112 is $154,000. That median value is about 6% lower than the median home value of $163,100 in Louisiana overall, and is 29% lower than the $217,500 the median home value in the entire U.S. Approximately 29.3% of homes in ZIP Code 71112 are valued $150,000 to $199,999. That is 54% higher than in the state ofLouisiana, where 19.0% of homes are valued at $150,000 to $199,999, and is about 109% higher than in the U.S. overall (14.0% of homes valued at $150,000 to $199,999). The home value range that the smallest portion of ZIP Code 71112 homes fall into is $500,000 to $999,999 (0.7% of homes).

Home Values in ZIP Code 71112

This chart visualizes the breakdown of home values in ZIP Code 71112, Louisiana, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 71112 vs. home values in both the state of Louisiana and in the U.S. overall.

Home Values in ZIP Code 71112

See the table below for a regional comparison of home values in ZIP Code 71112.

Home Value ZIP 71112 Louisiana U.S.
Less than $50,000 6.9% 11.8% 6.9%
$50,000 to $99,999 13.0% 15.8% 12.0%
$100,000 to $149,999 27.3% 16.5% 13.3%
$150,000 to $199,999 29.3% 19.0% 14.0%
$200,000 to $299,999 18.0% 20.4% 19.6%
$300,000 to $499,999 4.0% 11.8% 19.3%
$500,000 to $999,999 0.7% 3.9% 11.4%
$1,000,000 or more 0.9% 1.0% 3.4%

Home Ages in ZIP Code 71112 (Bossier City, LA)

Approximately 18.5% of homes in this Bossier City, LA region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 71112 is about 1% higher than percentage of homes built in this time period in Louisiana overall (18.3% of homes), and is 22% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 16.4% of local homes were built in 1960 to 1969. On the other end of the scale, just 1.9% of homes in this Bossier County ZIP Code were built in 2014 or later in ZIP Code 71112. In comparison, 2.8% of homes in Louisiana overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 71112

A detailed regional comparison of home ages in ZIP Code 71112.

Year Built ZIP 71112 Louisiana U.S.
2014 or later 1.9% 2.8% 2.5%
2010 to 2013 5.7% 3.9% 2.7%
2000 to 2009 12.4% 14.6% 14.0%
1990 to 1999 13.9% 12.8% 13.9%
1980 to 1989 12.7% 14.6% 13.4%
1970 to 1979 18.5% 18.3% 15.2%
1960 to 1969 16.4% 12.6% 10.6%
1950 to 1959 13.8% 9.5% 10.3%
1940 to 1949 2.2% 4.2% 4.9%
1939 or earlier 2.5% 6.7% 12.6%

Age of Homes in ZIP Code 71112

See the chart below for details on the age of homes in ZIP Code 71112, Louisiana, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 71112

Frequently asked questions about housing in this Bossier City, LA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 71112.

1

What is the average home value ZIP Code 71112?

The median home value in ZIP Code 71112 (Bossier City, LA) is $154,000.
2

Are homes expensive in ZIP Code 71112?

The median home value in 71112 ($154,000) is an estimated 6% lower than the aggregate median value of $163,100 in Louisiana, and is 29% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 71112?

The vacacy rate for owner-occupied housing in ZIP Code 71112 is 1.6%. This rate is 11% lower than the overall Louisiana owner-occupied vacancy rate of 1.8%. Additionally, the 71112 vacancy rate is 0% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 71112 have older homes or newer construction?

In ZIP Code 71112, about 18.5% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 16.4% of homes in the region were built in 1960 to 1969. In contrast, 1.9% of homes in 71112 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 71112? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 71112 than renter-occupied housing. Owner-occupied units make up 60.2% of housing, compared to 39.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 71112?

The vacacy rate for rental units in ZIP Code 71112 is 7.9%. This rate is 8% lower than the overall Louisiana vacancy rate of 8.6%. Additionally, the 71112 vacancy rate is 32% higher than the entire U.S. vacancy rate of 6.0%.