Bossier City is an historic and progressive city steeped in tradition and rich in attractions. Over the past 170 years, the city has grown to include over 62,000 residents that enjoy an excellent quality of life including a low crime rate, affordable homes and plenty of recreational activities.
Located in Northwest Louisiana, not far from the Texas state line, the Bossier City area was first settled in the 1830s as the Elysian Groves Plantation of James and Mary Cane. The area quickly became a key travel and transportation center. Early settlers passed through the region on their way to the Wild West. The Red River gave steamboats filled with loads of cotton, corn, and sweet potatoes access to the Mississippi and markets in the South and East. In the mid-1880s, the transcontinental railroad provided additional access to the city. The Dixie Overland Highway from the East to West Coast was built through Bossier City in 1918 competing a transportation route that has continued to bring travelers to the area ever since.
Today, the city of Bossier City is known as a fantastic to raise a family, work and retire. Real estate in Bossier City includes single-family homes, townhomes and condos at affordable prices, making this area one of the more popular areas to relocate.
Bossier City Real Estate and Prices of Bossier City Houses for Sale
Bossier City's real estate market includes a fine selection of single-family homes, townhomes and condos, and land parcels for investors that would like to custom build or develop residential or commercial properties. Interested buyers can expect home prices in Bossier City to range from the low $70,000s to upwards of $700,000 with median listing prices to running in the $215,000 range. Bossier City's subdivisions include Lakewood, Kingston Plantation, Bay Hills, Wood Lake, Cypress Bend, St. Charles Court, The Colony, Bayou Bend, Cross Creek, Glendale, Stonebridge, Oak Alley, River Bluff, and Carriage Oaks, among others. If you are in the market for a townhome or condo here in Bossier City, expect prices to start from $80,000 to $200,000. Some historic homes are also available in outlying areas.
Bossier City Real Estate Stats and Trends for the week of May 23rd, 2019: homes priced around $185,972 compared to $181,263 the previous week, showing a increase of more than +3%. For Thursday, May 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.