Is Shreveport, LA 71109 a buyer’s or seller’s market?
Shreveport is a buyer’s market. With about 8.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 9% of U.S. ZIP codes, and #127 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, 11% of homes in Shreveport, LA 71109 sold above their list price, the typical home went under contract in 166 days and there were 8.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold more slowly (44 days then) and the median sale price rose 29% to $44,981. Overall, Shreveport is less competitive than a year ago, which gives buyers more room.
Within Caddo Parish, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Shreveport ranks #127 of 160 LA ZIP codes with enough sales (score 16 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 71109
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 buyer’s market: there were 8.2 months of supply in Shreveport, LA 71109 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 166 days in the latest three months.
Do homes in Shreveport sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.7% 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 $44,981 in the three months ending August 31, 2026, about $37 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