Shreveport, LA - House Price Index (HPI)
Shreveport Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Shreveport-Bossier City, LA single family home
prices in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis,
statistics and appreciation rates are provided below.
10
Shreveport Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  2809.56
3rd Quarter, 2018 Housing Statistics: Shreveport, Louisiana


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      79%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Shreveport housing market for the 12
months ending with the 3rd Quarter of 2019 is DOWN. The Accuracy of the
Trend Projection for Shreveport is 79%. In other words, when tested against
historical data, the forecasting methodology was correct 79% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Shreveport is 79% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 3rd Quarter of 2019 than they were
in the 3rd Quarter of 2018. Check this page each quarter for updates to the
Shreveport Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      84%

The forecast for the trend in the Shreveport housing market for the 3 years
ending with the 3rd Quarter of 2021 is DOWN. The Accuracy of the Trend
Prediction for Shreveport is 84%. In other words, when tested against historical
data, the forecasting methodology was correct 84% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Shreveport is 84% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 3rd Quarter of 2021 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Shreveport
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Shreveport, Louisiana


Historical Home Price Appreciation
Last Quarter                         1.59%
Last Year                              -0.8%
Last 5 Years                         7%
Last 10 Years                       12%
Last 20 Years                       76%
Decline From All Time High   1.15%


Annual Home Price Appreciation Rates
1988      -7.10%
1989      1.49%
1990      0.38%
1991      2.75%
1992      3.37%
1993      4.36%
1994      4.39%
1995      4.30%
1996      0.88%
1997      3.11%
1998      3.95%
1999      4.12%
2000      3.71%
2001      5.09%
2002      5.05%
2003      5.07%
2004      6.07%
2005      7.23%
2006      5.54%
2007      2.21%
2008      2.08%
2009      0.93%
2010      1.47%
2011      0.13%
2012      3.42%
2013      -2.44%
2014      1.51%
2015      2.41%
2016      2.93%
2017      1.79%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.59%         Rank: 190 of 381 (50th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.8%          Rank: 369 of 381 (3rd Percentile)
Last 5 Years                              7%              Rank: 360 of 381 (5th Percentile)
Last 10 Years  . . . . . . . . . . . .   12%            Rank: 244 of 381 (36th Percentile)
Last 20 Years                            76%            Rank: 216 of 379 (43rd Percentile)
Decline From All Time High        1.15%

The change in home prices for Shreveport-Bossier City, LA are shown above
for five time periods. For example: Shreveport appreciated 1.59% in the Last
Quarter. At that rate, the Shreveport Real Estate Market was ranked 190th out
of 381 metropolitan Real Estate Markets. Shreveport was in the 50th percentile.
So Shreveport, LA performed better in the Last Quarter than 50% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Shreveport, Louisiana

The data and analysis on this page pertains to Shreveport-Bossier City, LA,
hereinafter referred to as "Shreveport". The all time high in the Shreveport
Home Price Index was 197.2 in the 4th Quarter, of 2017. The 3rd Quarter, 2018
index value was 194.9. That's a decline of 2.26 points or 1.15% below the
Shreveport Home Price Index all time high.  The Home Price Index indicates that
the Shreveport Market is up 12% over the last 10 years. Home Prices in the
Shreveport Real Estate Market have lost 0.78% over the last 12 months. Over
the last thirty years, it is up 126%.

The 3rd Quarter index value was 3.05 points higher than the 2nd Quarter, 2018
index value of 191.86, resulting in a 1.59% rise in the 3rd Quarter for the
Shreveport Market.

The Shreveport Home Price Index increased in the last quarter after falling in
the previous 2 quarters. The current record holders for consecutive increases
in the Home Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with
increases in the last 29 consecutive quarters. The current record holders for
consecutive declines in the Home Price Index are Winchester, VA; Trenton, NJ;
Peoria, IL; Great Falls, MT and Fayetteville, NC, with declines in the last 2
consecutive quarters.

The highest annual change in the value of houses in the Shreveport Real
Estate Market was 8% in the twelve months ended with the 2nd Quarter of
2005. The worst annual change in home values  in the Shreveport Market was
-9% in the twelve months ended with the 3rd Quarter of 1987.

The highest growth in home values in the Shreveport Real Estate Market over a
three year period was 22% in the three years ended with the 3rd Quarter of
2006. The worst performance over a three year period in the Shreveport
Market was -14% in the three years ended with the 3rd Quarter of 1989.

This page provides a long term graph of the Shreveport Home Price Index
(above). For information about Louisiana home values, click Real Estate Market
Forecasts in the navigation bar at the top of this page.  You'll see long term
charts and analysis that will provide tremendous insight into the historical trends
of residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Shreveport Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Shreveport Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Shreveport Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
3rd Quarter, 2018 Housing Data: Shreveport, Louisiana

The trend of Shreveport Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Shreveport-Bossier City, LA, hereinafter referred to as "Shreveport".

Last Quarter:
During the 3rd Quarter of 2018, Shreveport Home Prices had a rank of 190,
with appreciation of 1.59%. The top performing real estate market during the
3rd Quarter was Sumter, SC, with a rise of 13.55%. The worst market during
that period was Cumberland, MD, with appreciation of -5.75%.
The median for all cities during the 3rd Quarter was 1.57%. The average for all
markets during the quarter was 1.54%.

Last Year:
During the last 12 months, Shreveport Home Prices had a rank of 369, with
appreciation during the year of -0.78%. The top performing market during the
last year was Las Vegas, NV, with an increase of 18.1%. The worst real estate
market during that period was Cumberland, MD, with appreciation of -5.6%.
The median for all markets during this period was 6.14%. The average was
6.07%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2018, Shreveport Home Prices
ranked 360, with a total appreciation of 7.2%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 81%.
The worst market during that period was Jacksonville, NC, with appreciation of
-2%.
The median for all cities during this time period was 24%. The average over the
5 years was 28%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2018, Shreveport Home Prices
had a rank of 244, with appreciation during the decade of 12%. The top
performing market during the period was Denver, CO, with a rise of 83%. The
worst real estate market during the 10 year time period was Vineland, NJ, with
appreciation of -19%.
The median for all markets during the last 10 years was 18%. The average for
the cities over that time frame was 20%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2018, Shreveport Home Prices
had a rank of 216, with total growth over the 20 year period of 76%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 21%.
The median for all cities during the last 20 years was 83%. The average for the
markets over that time frame was 92%.

Historical research data on the Home Price Index for the Shreveport Real Estate
Market is available back to the 2nd Quarter, of 1984. All calculations are based
on the quarterly value of the House Price Index for Shreveport. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Thursday, January 31, 2019.
SignalTrend  Inc. 2008 - 2019; All rights reserved.




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