Is Shreveport, LA 71103 a buyer’s or seller’s market?

The Shreveport housing market right now

In the three months ending August 31, 2026, 17% of homes in Shreveport, LA 71103 sold above their list price, the typical home went under contract in 122 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (64 days then) and the median sale price fell 29% to $23,490. Overall, Shreveport is less competitive than a year ago, which gives buyers more room.

Within Caddo Parish, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell more often over asking than in 91%.

Nearby, buyers who want less competition could look at Vivian 71082 (0% sold over asking) or Rodessa 71069 (0% sold over asking), while Mooringsport 71060 (60% sold over asking) and Shreveport 71118 (23% sold over asking) are even more competitive.