How much is a home worth in ZIP code 71109?

The typical home in 71109 is worth $40,519, based on the Zillow Home Value Index.

Are home values rising in 71109?

Home values in 71109 are down 8.3% over the past year, and down 8.0% a year over five years.

What is the typical rent in 71109?

A typical home in 71109 rents for about $778 a month, a gross rental yield of 23.0%.

What is the property tax rate in 71109?

The effective property tax rate in 71109 is 0.5% — roughly $196 a year on a typical home.

ZIP code 71109 has a population of 17,412 and a median household income of $32,939.

HousingHandbookReference data

…

U.S. ZIP Code · LA71109

Caddo Parish · Shreveport-Bossier City, LA

Typical home value

$40,519^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -8.3%
5-year / yr: -8.0%
10-year / yr: -3.3%

Relative price

vs U.S.: -85.7%
vs metro: -77.9%
vs state: -77.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 71109 is worth $40,519 — 77.9% below the Shreveport-Bossier City, LA median. Over the past year, values have fallen 8.3%. Homes here rent for a typical $778 a month — a 23.0% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $778^[2]
Gross yield: 23.0%^[2]
Cap rate: 13.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $196^[3]

#Climate risk

FEMA National Risk Index ratings for Caddo Parish. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively High
Heat wave: Relatively High
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 17,412^[3]
Median household income: $32,939^[3]

#Migration

Household moves in and out of Caddo Parish over a year, from IRS tax-return data.

Net migration: -921^[5]
Moved in: 4,791
Moved out: 5,712

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 2
High: 0

Fair Park Middle School
Middle · Grades 6–8 · Caddo Parish
619 students
Bethune/Oak Park Elementary
Elementary · Grades PK–5 · Caddo Parish
594 students
Judson Fundamental Elementary School
Elementary · Grades PK–5 · Caddo Parish
305 students
Midway Professional Development Center
Elementary · Grades PK–5 · Caddo Parish
298 students
Queensborough Elementary School
Elementary · Grades PK–5 · Caddo Parish
249 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield23.0%

Net yield (after ~40% expenses)13.8%

Annual rent$9,330

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$205

Loan principal$32,415

Down payment$8,104

Total interest paid$41,343

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.33

Monthly cost to own$255

Monthly rent$778

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 4th percentile^[1]
Rental yield: 91st percentile^[2]
Property tax: 36th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for highest rental yield in LAView list →

Frequently asked

How much is a home worth in ZIP code 71109?: The typical home in 71109 is worth $40,519, based on the Zillow Home Value Index.
Are home values rising in 71109?: Home values in 71109 are down 8.3% over the past year, and down 8.0% a year over five years.
What is the typical rent in 71109?: A typical home in 71109 rents for about $778 a month, a gross rental yield of 23.0%.
What is the property tax rate in 71109?: The effective property tax rate in 71109 is 0.5% — roughly $196 a year on a typical home.
Who lives in 71109?: ZIP code 71109 has a population of 17,412 and a median household income of $32,939.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

71103 vs 71109 →
Shreveport, LA
Typical home
$33,503
Gross yield
28.7%
71108 vs 71109 →
Shreveport, LA
Typical home
$50,931
Gross yield
21.1%
71101
Shreveport, LA
Typical home
$52,333
Gross yield
17.4%
71082
Vivian, LA
Typical home
$91,278
Gross yield
—
71061
Oil City, LA
Typical home
$108,646
Gross yield
—
71052
Mansfield, LA
Typical home
$118,913
Gross yield
—

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Pit ZIP 71109 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · LA71109

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