Broadmoor, Shreveport, LA71105

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$197,000
0.6% YoY Growth
Median Household Income
$66,800
20.7% 5-Year Growth
Days on Market
63
0.0% Longer than last year
Home Price Forecast
-2.6%
Median Rent
$1,500
11.2% YoY Growth
1-Bed Rent
$965
18.9% YoY Growth
2-Bed Rent
$1,300
67.3% YoY Growth
3-Bed Rent
$1,600
0.6% YoY Growth

Property Listings — Broadmoor, Shreveport, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Broadmoor, Shreveport, LA is 63. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$236,00011.0%
Listing Count
125-1.0%
Listings as % of Homes0.6%-1.0%
Days on Market
630.0%
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Demographics — Broadmoor, Shreveport, LA

As of the latest ACS Survey released in 2023, Broadmoor, Shreveport, LA has a population of 20,400, which has decreased by -4.7% over the past 5 years. Broadmoor, Shreveport, LA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 44.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
20,400-4.7%
% Under 18
20.8%4.5%
% Seniors
18.0%11.1%
% WFH
7.2%188.0%
% w/ College Degree
44.9%-0.2%
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As of the latest ACS Survey released in 2023, Broadmoor, Shreveport, LA is a predominantly white area, with 67.5% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Broadmoor, Shreveport, LA is black, making up 19.6% of the population. Foreign-born residents account for 5.0% of the population in Broadmoor, Shreveport, LA, and this percentage has increased by 28.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
67.5%-11.3%
% Black
19.6%39.0%
% Hispanic
5.3%43.2%
% Asian
3.9%21.9%
% Foreign Born
5.0%28.2%
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Mortgage and Risk — Broadmoor, Shreveport, LA

According to HUD data as of 2023, there were 321 mortgage originations in Broadmoor, Shreveport, LA, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Broadmoor, Shreveport, LA. Investor activity is low, as 8.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
321
% Conventional Loans
66.0%
% Government Loans
34.0%
% Investor Loans
8.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Broadmoor, Shreveport, LA

As of 2024, the percent of homes in Broadmoor, Shreveport, LA under the Section 8 program is 0.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Broadmoor, Shreveport, LA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
59
Total Units Section 8
10
% Rentals under Section 8
0.8%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$95$965$1,060
2 Bedroom-$90$1,300$1,210
3 Bedroom-$30$1,600$1,570
4 Bedroom-$340$2,000$1,660

Affordability — Broadmoor, Shreveport, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$197,000
Median Household Income$66,800

Broadmoor, Shreveport, LA — ZIP Code Boundary Map

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Frequently Asked Questions