Allendale, Shreveport, LA—71109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Allendale, Shreveport, LA
As of Oct '25, the median home price in Allendale, Shreveport, LA is $34,000, with a year-over-year change of -16.3%. This indicates that home prices in Allendale, Shreveport, LA are decreasing. According to Zillow, the 1-year price projection is -6.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $34,000 | -16.3% |
| Single Family | $34,000 | -15.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $24,000 | -7.7% |
2 Bed | $28,000 | -9.7% |
3 Bed | $39,000 | -13.3% |
4 Bed | $54,000 | -8.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Allendale, Shreveport, LA
As of July '25, Rentcast reports the average rent in Allendale, Shreveport, LA is $798, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Allendale, Shreveport, LA is 1-bedrooms: $718, 2-bedrooms: $713, 3-bedrooms: $854, 4-bedrooms: $1,070. The most common rental property sizes in Allendale, Shreveport, LA are 2-bedroom and 3-bedroom, accounting for 52.0% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $798 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $718 |
| 2 Bed Rent | $695 | $713 |
| 3 Bed Rent | $850 | $854 |
| 4 Bed Rent | $860 | $1,070 |
% of Rental Stock
Property Listings — Allendale, Shreveport, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Allendale, Shreveport, LA is 70. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $44,700 | -1.0% |
Listing Count | 81 | 8.0% |
| Listings as % of Homes | 0.5% | 8.0% |
Days on Market | 70 | -30.0% |
Demographics — Allendale, Shreveport, LA
As of the latest ACS Survey released in 2023, Allendale, Shreveport, LA has a population of 17,300, which has decreased by -17.7% over the past 5 years. Allendale, Shreveport, LA is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | -17.7% |
% Under 18 | 23.4% | -7.9% |
% Seniors | 19.2% | 29.7% |
% WFH | 4.3% | 65.4% |
% w/ College Degree | 14.2% | 46.4% |
As of the latest ACS Survey released in 2023, Allendale, Shreveport, LA is a predominantly black area, with 95.5% of the population identifying as black. The black population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Allendale, Shreveport, LA is white, making up 3.7% of the population. Foreign-born residents account for 0.3% of the population in Allendale, Shreveport, LA, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.7% | -43.9% |
% Black | 95.5% | 4.0% |
% Hispanic | 0.5% | 0.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.3% | -25.0% |
Mortgage and Risk — Allendale, Shreveport, LA
According to HUD data as of 2023, there were 70 mortgage originations in Allendale, Shreveport, LA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Allendale, Shreveport, LA. Investor activity is high, as 30.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 70 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 30.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Allendale, Shreveport, LA
As of 2024, the percent of homes in Allendale, Shreveport, LA under the Section 8 program is 33.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Allendale, Shreveport, LA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,478 |
Total Units Section 8 | 1,367 |
% Rentals under Section 8 | 33.3% |
% Occupied Section 8 | 76.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $625 | $840 |
| 2 Bedroom | $275 | $695 | $970 |
| 3 Bedroom | $380 | $850 | $1,230 |
| 4 Bedroom | $480 | $860 | $1,340 |
Affordability — Allendale, Shreveport, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $34,000 |
| Median Household Income | $31,300 |