Market Intelligence · LA / Shreveport

Shreveport, LA 71115 Housing Market

The typical home value in 71115 is $255,277, up 2.6% over the past year. The median list price stands at $274,000, with homes spending a median of 61 days on the market.

Updated September 2026Median value$255K

The median home value in Shreveport, LA 71115 is $255K as of September 2026, up 2.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 71115 range

$235K to $276K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.6% over 12 months

Sep 2025$249K

Low $249KHigh $255K

Sep 2026$255K

The numbers

What is the 71115 housing market like?

As of September 2026

Typical home value

$255K

2.6%YoY

Median list price

$274K

3.4%MoM

Days on market

7.0%MoM

Homes for sale

11.5%MoM

Price cuts

25.0%

58.0%MoM

New listings

50.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

71115 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 71115 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 71115 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 71115?

Zillow's forecast does not call for a drop: it expects typical home values in 71115 to rise 1.5% by September 2027, after a 2.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 71115 home prices compare?

71115$255,277
Shreveport$164,958
Louisiana$184,621
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Shreveport: 12 ZIPs; Louisiana: 345 ZIPs; United States: 26,262 ZIPs).

Context

Shreveport's 71115 ZIP has 46 homes for sale as of September 2026, with 10 new listings entering the market. The median list price of $274,000 exceeds the typical home value of $255,277, suggesting some listings are priced above recent comparables. At 61 days median on market, homes are taking a moderate time to sell. One quarter of listings have already seen price cuts. For sellers, this signals a market where pricing strategy matters significantly.

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Down payment20% · $51,055

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Common questions

What people ask us.

What is the typical home value in 71115?

The typical home value is $255,277, which has risen 2.6% over the past year.

How long do homes typically stay on the market in 71115?

The median days on market is 61 as of September 2026.

What percentage of homes have had price reductions?

About 25.0% of listings in the area have had a price cut.

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