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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
February 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 February 2026. Source: Realtor.com.

The SHREVEPORT, LA real estate market (71118) currently shows 93 active listings, with 41 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 73 days on market compared to 80 days last year.

The median listing price has fallen 1.6% year-over-year, from $183,600 to $180,600.

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

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

Market Overview

Active Listings
93
⇧ 36.8% vs 68 last year
Pending
41
44% pending ratio
Median Price
$180,600
⇩ 1.6% vs $183,600 last year
Average Price
$178,941
⇩ 6.6% vs $191,559 last year
Days on Market
73
⇩ 8.8% vs 80 days last year

Price Per Square Foot

Median $/sqft
$107
⇩ 5.3% vs $113/sqft last year
Median Home Size
1,520 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 93 this year vs 68 last year
  • Days on market: 73 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $180,600 (-1.6% YoY)
  • Average: $178,941 (-6.6% 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 — 757 listings ($242,165,561 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71118Shreveport, LA 711180.0 mi84$15,668,268$189,000$186,527
71106Shreveport, LA 711064.1 mi218$98,984,208$359,000$454,056
71105Shreveport, LA 711057.0 mi106$25,049,814$238,950$236,319
71129Shreveport, LA 711297.1 mi38$8,390,666$215,000$220,807
71078Stonewall, LA 710788.0 mi38$15,289,604$408,000$402,358
71047Keithville, LA 710479.2 mi33$11,148,093$296,500$337,821
71112Bossier City, LA 7111210.3 mi94$24,994,130$252,000$265,895
71027Frierson, LA 7102712.1 mi9$3,991,113$465,000$443,457
71030Gloster, LA 7103013.8 mi3$1,077,375$323,950$359,125
71107Shreveport, LA 7110714.3 mi113$32,380,715$234,900$286,555
71046Keatchie, LA 7104617.7 mi2$314,900$157,450$157,450
75692Waskom, TX 7569219.1 mi13$3,019,315$239,900$232,255
71060Mooringsport, LA 7106020.1 mi6$1,857,360$199,900$309,560

Frequently Asked Questions

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

As of February 2026, there are 93 active listings in SHREVEPORT, LA (zip code 71118), compared to 68 the prior year.

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

The median listing price in SHREVEPORT, LA 71118 is $180,600 as of February 2026, a 1.6% decrease from $183,600 the prior year.

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

Homes in SHREVEPORT, LA 71118 spend an average of 73 days on the market before going under contract, compared to 80 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 February 2026, SHREVEPORT, LA 71118 is currently a Balanced Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are selling faster, averaging 73 days on market compared to 80 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 $3,612 compared to a typical 5% commission on the median listing price of $180,600. 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.