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Briarcliff Chasewood Colquitt Estates Deep Woods Elkins Ridgewood South Towne Heights Southdowns Southern Hills Southport Country Southwest Shreveport Southwood The Cedars

SHREVEPORT, LA 71118

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 71118

Briarcliff · Chasewood · Colquitt Estates · Deep Woods · Elkins · Ridgewood · South Towne Heights · Southdowns · Southern Hills · Southport Country · Southwest Shreveport · Southwood · The Cedars

Market Analysis

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

The SHREVEPORT, LA real estate market (71118) currently shows 82 active listings, with 28 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 70 days on market compared to 46 days last year.

The median listing price has risen 5.8% year-over-year, from $179,450 to $189,900.

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Market Context

Market Context

Population: 25,193  ·  Density: 744.0/mi²  ·  Median household income: $56,933

Typical home value: $161,775  ·  Homeownership: 61.9%

Market Overview

Active Listings
82
⇩ 8.9% vs 90 last year
Pending
28
34% pending ratio
Median Price
$189,900
⇧ 5.8% vs $179,450 last year
Average Price
$182,567
⇧ 1.4% vs $180,081 last year
Days on Market
70
⇧ 52.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$113
⇧ 5.6% vs $107/sqft last year
Median Home Size
1,658 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 90 last year
  • Days on market: 70 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (+5.8% YoY)
  • Average: $182,567 (+1.4% 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 20.1 miles — 773 listings ($258,764,916 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71118Shreveport, LA 711180.0 mi93$16,641,513$180,600$178,941
71106Shreveport, LA 711064.1 mi230$104,526,720$369,950$454,464
71105Shreveport, LA 711057.0 mi96$22,130,496$230,500$230,526
71129Shreveport, LA 711297.1 mi34$7,451,916$215,000$219,174
71078Stonewall, LA 710788.0 mi41$17,678,462$411,250$431,182
71047Keithville, LA 710479.2 mi34$11,295,242$293,394$332,213
71112Bossier City, LA 7111210.3 mi100$26,504,800$260,425$265,048
71027Frierson, LA 7102712.1 mi9$4,142,133$465,000$460,237
71030Gloster, LA 7103013.8 mi3$957,750$319,250$319,250
71107Shreveport, LA 7110714.3 mi111$39,314,313$239,900$354,183
71046Keatchie, LA 7104617.7 mi3$390,000$130,000$130,000
75692Waskom, TX 7569219.1 mi13$3,272,269$260,000$251,713
71060Mooringsport, LA 7106020.1 mi6$4,459,302$166,225$743,217

Frequently Asked Questions

How many homes are for sale in SHREVEPORT, LA 71118?

As of September 2026, there are 82 active listings in SHREVEPORT, LA (zip code 71118), compared to 90 the prior year.

What is the median home price in SHREVEPORT, LA 71118?

The median listing price in SHREVEPORT, LA 71118 is $189,900 as of September 2026, a 5.8% increase from $179,450 the prior year.

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

Homes in SHREVEPORT, LA 71118 spend an average of 70 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in SHREVEPORT, LA 71118?

Based on current inventory and days-on-market data as of September 2026, SHREVEPORT, LA 71118 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 70 days on market compared to 46 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 71118 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. 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.