Market Intelligence · LA / Shreveport

Shreveport, LA 71118 Housing Market

The typical home value in Shreveport's 71118 ZIP code is $177,534, up 1.6% over the past year. The median list price sits at $199,150, and homes are taking a median of 74 days on market.

Updated June 2026Median value$178K

The median home value in Shreveport, LA 71118 is $178K as of June 2026, up 1.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 71118 range

$163K to $192K

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

+1.6% over 12 months

Typical home value in 71118 over the last 12 months: $175K in Jun 2025 to $178K in Jun 2026 (+1.6%).

Jun 2025$175K

Jun 2026$178K

The numbers

What is the 71118 housing market like?

Typical home value

$178K

Up1.6%YoY

Median list price

$199K

Days on market

74

Up43.7%MoM

Homes for sale

59

Price cuts

24.9%

New listings

28

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 71118 home prices compare?

  • 71118$177,534
  • Shreveport$167,390
  • Louisiana$188,775
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Shreveport: 12 ZIPs; Louisiana: 345 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 59 homes for sale in 71118, with 28 new listings recently added. The typical home value is $177,534, up 1.6% over the past year, while the median list price is $199,150. Homes are spending a median of 74 days on market, and 24.9% of listings have had a price cut. For sellers, the market here moves slowly, so realistic pricing and patience matter.

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