Market Intelligence · LA / Shreveport

Shreveport, LA 71118 Housing Market

Typical homes in Shreveport 71118 are valued at $178,485, up 4.6% over the past year. The median list price stands at $189,900, with homes averaging 70 days on market as of September 2026.

Updated September 2026Median value$178K

The median home value in Shreveport, LA 71118 is $178K as of September 2026, up 4.6% 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.

Sell without the wait

Sell your Shreveport home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 71118 range

$164K to $193K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 71118 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Shreveport, LA.

12-month value trend

+4.6% over 12 months

Sep 2025$171K

Low $169KHigh $178K

Sep 2026$178K

The numbers

What is the 71118 housing market like?

As of September 2026

Typical home value

$178K

4.6%YoY

Median list price

$190K

0.0%MoM

Days on market

7.7%MoM

Homes for sale

11.5%MoM

Price cuts

16.7%

24.1%MoM

New listings

10.0%MoM

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

The outlook

71118 housing market forecast 2027

+1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 71118 to rise 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 71118 rose 4.6%, per the Zillow Home Value Index.

Will home prices drop in 71118?

Zillow's forecast does not call for a drop: it expects typical home values in 71118 to rise 1.8% by September 2027, after a 4.6% 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.

Free home value report

See what your 71118 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 71118 home prices compare?

71118$178,485
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

The 71118 ZIP code has 54 homes for sale and 22 new listings as of September 2026. About 16.7% of listings have seen a price cut, suggesting some softness in the market despite the year-over-year appreciation in typical home values. Median days on market at 70 indicates homes are taking time to sell. For sellers, the combination of steady price growth and rising inventory means you should price carefully and expect a measured sales timeline.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $35,697

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 71118?

Typical homes in this ZIP are valued at $178,485, up 4.6% over the past year as of September 2026.

How many homes are currently for sale in 71118?

As of September 2026, there are 54 homes for sale in the area, with 22 new listings added recently.

How long do homes typically stay on the market here?

The median days on market is 70 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading