Why Live in Springlake/University Terrace
Springlake/University Terrace in Shreveport is a late 20th-century suburb centered around the Louisiana State University campus. The neighborhood features sizable homes on spacious lots shaded by large oak and magnolia trees, with architectural styles including split-level, ranch-style, and Colonial townhouses. Development from the 1970s to early 2000s includes modern tracts with amenities like pools and tennis courts. Homes range from $160,000 to $500,000, with larger properties exceeding 2,200 square feet. The area is safer than the national average, making it a practical choice for families. Students attend University Elementary School, Youree Drive Middle AP Magnet School, and the highly rated Captain Shreve High School.
Residents have access to a large highway retail corridor along Youree Drive, featuring big box retailers such as Target, Sam’s Club, and Whole Foods, as well as numerous smaller shops and restaurants. Healthcare services are available at Willis-Knighton Pierremont hospital and nearby doctor’s offices. While the neighborhood lacks parks, C. Bickham Dickson Park, with its 200-acre lake, offers hiking, horseback riding, and fishing nearby, though it is currently closed due to flooding. Flooding is a concern in parts of Springlake/University Terrace, and homeowners may need flood insurance.
The neighborhood is well-connected, with downtown Shreveport eight miles away and easy access to Interstates 20 and 49 via the Inner Loop Expressway. Shreveport Regional Airport, 13 miles west, provides direct flights to major cities.
Home Trends in Springlake/University Terrace, LA
On average, homes in Springlake/University Terrace, Shreveport sell after 101 days on the market compared to the national average of 70 days. The median sale price for homes in Springlake/University Terrace, Shreveport over the last 12 months is $334,750, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$334,750
Median Single Family Sale Price
$345,000
Median Townhouse Sale Price
$294,990
Median 2 Bedroom Sale Price
$224,900
Median 1 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$239
Number of Homes for Sale
6
Last 12 months Home Sales
44
Median List Price
$341,170
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%