Market Intelligence · LA / Shreveport

Shreveport, LA 71118 Housing Market

The typical home in Shreveport's 71118 ZIP code is valued at $179,370, up 3.8% over the past year as of 2026-08-01. The median list price sits at $189,950, and homes are spending a median of 65 days on market.

Updated August 2026Median value$179K

The median home value in Shreveport, LA 71118 is $179K as of August 2026, up 3.8% 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

$165K to $194K

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

+3.8% over 12 months

Typical home value in 71118 over the last 12 months: $173K in Aug 2025 to $179K in Aug 2026 (+3.8%).

Aug 2025$173K

Aug 2026$179K

The numbers

What is the 71118 housing market like?

Typical home value

$179K

Up3.8%YoY

Median list price

$190K

Down4.4%MoM

Days on market

65

Down7.1%MoM

Homes for sale

61

Down1.6%MoM

Price cuts

22.0%

Up9.2%MoM

New listings

20

Down9.1%MoM

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

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The comparison

How do 71118 home prices compare?

  • 71118$179,370
  • Shreveport$168,745
  • Louisiana$189,166
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Shreveport: 12 ZIPs; Louisiana: 345 ZIPs; United States: 26,265 ZIPs).

Context

There were 61 homes for sale in 71118 as of 2026-08-01, with 20 new listings added. The median list price of $189,950 sits above the typical home value of $179,370, so sellers are generally aiming higher than where values stand. With a median of 65 days on market, homes are taking time to sell rather than moving quickly. About 22.0% of listings have taken a price cut. For a seller, the year-over-year gain is real but modest, and pricing close to actual value matters more than testing the top of the range.

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