Why Live in Martin Luther King Jr
Martin Luther King Jr neighborhood in Shreveport is a suburban area located northwest of downtown. The community is well-connected with nearby roadways and free bus fares, providing residents with convenient access to amenities and attractions. The neighborhood is known for its strong sense of community, fostered by the David Raines Recreation Center and the Martin Luther King Jr. Neighborhood Association. The area features mature trees, including evergreens and southern magnolias, giving it a rural feel despite its proximity to the city. Housing options include mid-to-late 20th-century ranch-style homes with moderately sized yards and driveways, as well as newly constructed modern Craftsman-style homes.
Residents benefit from several SporTran bus stops, offering free rides to daily amenities such as Southern University Shreveport, located within the neighborhood. Downtown Shreveport is just 3.8 miles away via Dr. Martin Luther King Drive and North Market Street, while CHRISTUS Highland Medical Center is a 13.8-mile drive along I-49 South. Local dining includes home-style cooked soul food along North Market Street, known for its oxtail and hot water cornbread, and convenient options like Quick Snack Grocery and Brookshire’s for groceries. Retail needs can be met at the local Dollar General or the nearest Walmart Plaza, 6.2 miles away via I-49.
The David Raines Recreation Center and Park serves as the neighborhood's hub, offering playsets, basketball courts, and homework tutoring. The new MLK Community Garden and Park provides a community garden and picnic tables. The area hosts several events throughout the year, including those at the Louisiana State Fairgrounds. However, the proximity to the Kansas City Southern Railway means residents may experience background noise and occasional longer commutes due to passing trains.
Frequently Asked Questions
Is Martin Luther King Jr a good place to live?
Martin Luther King Jr is a good place to live. Martin Luther King Jr is considered very car-dependent and somewhat bikeable. Martin Luther King Jr is a suburban neighborhood. Martin Luther King Jr has 6 parks for recreational activities. It is sparse in population with 1.3 people per acre and a median age of 35. The average household income is $35,440 which is below the national average. College graduates make up 8.8% of residents. A majority of residents in Martin Luther King Jr are renters, with 61.9% of residents renting and 38.1% of residents owning their home. A
local real estate agent serving Martin Luther King Jr can help you decide if this neighborhood is the right one for you. Learn more on our
Martin Luther King Jr neighborhood guide.
How much do you need to make to afford a house in Martin Luther King Jr?
The median home price in Martin Luther King Jr is $452,450. If you put a 20% down payment of $90,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,350 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $101K a year to afford the median home price in Martin Luther King Jr. The average household income in Martin Luther King Jr is $35K.
What are the best public schools in Martin Luther King Jr?
The best public schools that serve Martin Luther King Jr are:
What are the best private schools in Martin Luther King Jr?
The best private schools that serve Martin Luther King Jr are:
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Home Trends in Martin Luther King Jr, LA
On average, homes in Martin Luther King Jr, Shreveport sell after 78 days on the market compared to the national average of 70 days. The median sale price for homes in Martin Luther King Jr, Shreveport over the last 12 months is $545,000, up 54% from the median home sale price over the previous 12 months.
Median Sale Price
$545,000
Median Single Family Sale Price
$545,000
Median 2 Bedroom Sale Price
$350,000
Average Price Per Sq Ft
$249
Number of Homes for Sale
1
Last 12 months Home Sales
9
Median List Price
$452,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
54%