Is Shreveport, LA 71118 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Shreveport is a seller’s market. With about 2.9 months of supply and 23% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.9Under 4 months = seller’s market

Sold above original list22.7%Share of sales, last 3 months

Median sale-to-list97.8%Sold price ÷ list price

Median days on market54Listing to accepted offer

Median price per sq ft$113▲ +4.9% vs. last year

Run the numbers for 71118

Prefilled for 71118Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71118Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belcher 71004Seller’s market $86 /sq ft Bethany 71007Seller’s market $152 /sq ft Gilliam 71029Seller’s market $107 /sq ft Greenwood 71033Balanced $77 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology