Is Shreveport, LA 71106 a buyer’s or seller’s market?
Shreveport is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 22% of U.S. ZIP codes, and #79 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Shreveport housing market right now
In the three months ending August 31, 2026, 9% of homes in Shreveport, LA 71106 sold above their list price, the typical home went under contract in 48 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 132 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold faster (74 days then) and the median sale price fell 4% to $318,862. Overall, Shreveport is more competitive than a year ago, so tougher for buyers.
Within Caddo Parish, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Shreveport ranks #79 of 160 LA ZIP codes with enough sales (score 27 out of 100).
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.
Run the numbers for 71106
Nearby markets
Belcher 71004Seller’s market $86 /sq ftBethany 71007Seller’s market $152 /sq ftGilliam 71029Seller’s market $107 /sq ftGreenwood 71033Balanced $77 /sq ft Browse all markets →Towns like Shreveport nearby
Find towns like Shreveport in other states →Where Shreveport is
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Questions about Shreveport real estate
Is Shreveport a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Shreveport, LA 71106 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Shreveport?
The typical home went under contract in 48 days in the latest three months.
Do homes in Shreveport sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Shreveport?
About 0.62% of a home’s value a year in Caddo Parish, or roughly $2,480 on a $400,000 home.
What is the median home price in Shreveport?
The median sale price was $318,862 in the three months ending August 31, 2026, about $147 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology