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Cross Lake Twilight Meadows West Shreveport Western Hills Estates Western Hills Village Westwood

SHREVEPORT, LA 71119

Real Estate Market Report  ·  Caddo County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 71119

Cross Lake · Twilight Meadows · West Shreveport · Western Hills Estates · Western Hills Village · Westwood

Market Analysis

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

The SHREVEPORT, LA real estate market (71119) currently shows 77 active listings, with 20 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are selling faster, averaging 86 days on market compared to 94 days last year.

The median listing price has fallen 14% year-over-year, from $319,900 to $275,000.

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: 10,561  ·  Density: 101.5/mi²  ·  Median household income: $48,533

Typical home value: $182,233  ·  Homeownership: 75.4%

Market Overview

Active Listings
77
⇧ 30.5% vs 59 last year
Pending
20
26% pending ratio
Median Price
$275,000
⇩ 14% vs $319,900 last year
Average Price
$386,571
⇩ 13.1% vs $445,062 last year
Days on Market
86
⇩ 8.5% vs 94 days last year

Price Per Square Foot

Median $/sqft
$130
⇩ 3.7% vs $135/sqft last year
Median Home Size
2,201 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 77 this year vs 59 last year
  • Days on market: 86 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (-14% YoY)
  • Average: $386,571 (-13.1% 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 21.6 miles — 962 listings ($235,138,846 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71119Shreveport, LA 711190.0 mi77$28,607,425$259,995$371,525
71109Shreveport, LA 711096.5 mi74$4,025,378$40,125$54,397
71108Shreveport, LA 711088.4 mi108$7,002,072$51,000$64,834
71103Shreveport, LA 711038.8 mi32$1,341,600$36,750$41,925
71118Shreveport, LA 711189.4 mi93$16,641,513$180,600$178,941
71104Shreveport, LA 7110411.1 mi91$17,183,166$167,925$188,826
75692Waskom, TX 7569211.5 mi13$3,272,269$260,000$251,713
71047Keithville, LA 7104712.8 mi34$11,295,242$293,394$332,213
71111Bossier City, LA 7111114.3 mi251$93,158,901$322,052$371,151
71112Bossier City, LA 7111216.8 mi100$26,504,800$260,425$265,048
71004Belcher, LA 7100418.3 mi1$280,000$280,000$280,000
75639De Berry, TX 7563920.0 mi12$3,448,356$306,150$287,363
75672Marshall, TX 7567221.6 mi76$22,378,124$246,175$294,449

Frequently Asked Questions

How many homes are for sale in SHREVEPORT, LA 71119?

As of March 2026, there are 77 active listings in SHREVEPORT, LA (zip code 71119), compared to 59 the prior year.

What is the median home price in SHREVEPORT, LA 71119?

The median listing price in SHREVEPORT, LA 71119 is $275,000 as of March 2026, a 14% decrease from $319,900 the prior year.

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

Homes in SHREVEPORT, LA 71119 spend an average of 86 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in SHREVEPORT, LA 71119?

Based on current inventory and days-on-market data as of March 2026, SHREVEPORT, LA 71119 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 86 days on market compared to 94 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 71119 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.