Is Shreveport, LA 71129 a buyer’s or seller’s market?
Shreveport is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 25% of U.S. ZIP codes, and #73 of 170 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 July 31, 2026. See the breakdown
The Shreveport housing market right now
In the three months ending August 31, 2026, 7% of homes in Shreveport, LA 71129 sold above their list price, the typical home went under contract in 57 days and there were 6.4 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 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold about as fast and the median sale price rose 35% to $229,351. Overall, Shreveport is about as competitive as it was a year ago.
Within Caddo Parish, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 50%.
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 71129
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 6.4 months of supply in Shreveport, LA 71129 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 57 days in the latest three months.
Do homes in Shreveport sell over asking?
7% 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 $229,351 in the three months ending August 31, 2026, about $135 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