Is Shreveport, LA 71119 a buyer’s or seller’s market?

The Shreveport housing market right now

In the three months ending August 31, 2026, 10% of homes in Shreveport, LA 71119 sold above their list price, the typical home went under contract in 121 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 32 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (98 days then) and the median sale price rose 10% to $219,905. Overall, Shreveport is less competitive than a year ago, which gives buyers more room.

Within Caddo Parish, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Shreveport ranks #129 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.