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Forest Oak Morningside Southwood West Shreveport Westwood

SHREVEPORT, LA 71108

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 71108

Forest Oak · Morningside · Southwood · West Shreveport · Westwood

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SHREVEPORT, LA real estate market (71108) currently shows 131 active listings, with 52 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 96 days on market compared to 57 days last year.

The median listing price has risen 10.1% year-over-year, from $49,500 to $54,500.

Whether you are buying or selling in SHREVEPORT, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,979  ·  Density: 910.4/mi²  ·  Median household income: $32,742

Typical home value: $83,353  ·  Homeownership: 43.1%

Market Overview

Active Listings
131
⇧ 27.2% vs 103 last year
Pending
52
40% pending ratio
Median Price
$54,500
⇧ 10.1% vs $49,500 last year
Average Price
$66,943
⇧ 21.7% vs $55,016 last year
Days on Market
96
⇧ 68.4% vs 57 days last year

Price Per Square Foot

Median $/sqft
$51
⇧ 10.9% vs $46/sqft last year
Median Home Size
1,083 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 131 this year vs 103 last year
  • Days on market: 96 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $54,500 (+10.1% YoY)
  • Average: $66,943 (+21.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.4 miles — 542 listings ($126,648,390 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71108Shreveport, LA 711080.0 mi108$7,002,072$51,000$64,834
71103Shreveport, LA 711033.5 mi32$1,341,600$36,750$41,925
71104Shreveport, LA 711044.5 mi91$17,183,166$167,925$188,826
71101Shreveport, LA 711015.0 mi29$3,468,081$98,250$119,589
71119Shreveport, LA 711198.4 mi77$28,607,425$259,995$371,525
71129Shreveport, LA 711298.9 mi34$7,451,916$215,000$219,174
71107Shreveport, LA 7110711.3 mi111$39,314,313$239,900$354,183
71047Keithville, LA 7104712.4 mi34$11,295,242$293,394$332,213
71007Bethany, LA 7100713.6 mi1$393,675$393,675$393,675
71030Gloster, LA 7103017.3 mi3$957,750$319,250$319,250
71060Mooringsport, LA 7106017.8 mi6$4,459,302$166,225$743,217
71051Elm Grove, LA 7105118.4 mi3$539,400$145,000$179,800
71067Princeton, LA 7106720.4 mi13$4,634,448$395,000$356,496

Frequently Asked Questions

How many homes are for sale in SHREVEPORT, LA 71108?

As of March 2026, there are 131 active listings in SHREVEPORT, LA (zip code 71108), compared to 103 the prior year.

What is the median home price in SHREVEPORT, LA 71108?

The median listing price in SHREVEPORT, LA 71108 is $54,500 as of March 2026, a 10.1% increase from $49,500 the prior year.

How long do homes stay on the market in SHREVEPORT, LA?

Homes in SHREVEPORT, LA 71108 spend an average of 96 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in SHREVEPORT, LA 71108?

Based on current inventory and days-on-market data as of March 2026, SHREVEPORT, LA 71108 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 96 days on market compared to 57 days last year.

How much can I save on real estate commission in SHREVEPORT, LA?

With SELL123.com's maximum 3% commission, sellers in SHREVEPORT, LA 71108 save an estimated $1,090 compared to a typical 5% commission on the median listing price of $54,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.