Is Shreveport, LA 71118 a buyer’s or seller’s market?

The Shreveport housing market right now

In the three months ending August 31, 2026, 23% of homes in Shreveport, LA 71118 sold above their list price, the typical home went under contract in 54 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 68 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (49 days then) and the median sale price fell 3% to $174,425. Overall, Shreveport is more competitive than a year ago, so tougher for buyers.

Within Caddo Parish, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 95%. On our competition score, Shreveport ranks #15 of 160 LA ZIP codes with enough sales (score 44 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) is even more competitive.