The Two Faces of Shreveport Real Estate: Where ‘Worst in America’ Meets ‘Mansion on a Budget’

Shreveport can be a confusing place from time to time, and these studies just prove it. A new study from financial experts says that Shreveport's real estate market is among the worst in the U.S., ranked against 300 of the biggest cities across the country. At the same time, another study is showing that compared to most places, mansions in Shreveport are bigger and cheaper than anywhere else.

What Makes Shreveport's Real-Estate Market the 2nd Worst?

WalletHub's study on the best and worst real estate markets across the country found that Louisiana is far behind many other states. Specifically, Shreveport has not just the roughest market in the state, but the 2nd worst in the whole country. An underwater mortgage is any home loan where the value of the loan is worth more than a house's market value, and Shreveport is tied for the city with the most underwater mortgages.

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It's a bleak picture for Shreveport, having such a harsh housing market, and no wonder that more and more are turning to renting in the city. So even though it might be true that Shreveport has one of the worst real-estate markets in the country, we have some of the best mansions in the country, too.

A Luxury Real Estate Gem Hiding in Plain Sight.

According to a study from Elxis, Louisiana's average mansions are 37% cheaper than other states. Double that news with some research from The Shreveport-Bossier City Advocate, and we have some of the most bang-for-your-buck mansions in America right here in the 318.