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

Housing Market Conditions



Gauge showing Shreveport is a seller's market


Difference Since May 2023

Since last year, Shreveport has remained a Seller's Market.

Key Takeaway

Shreveport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shreveport, LA

How much do homes in Shreveport, LA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Shreveport have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Shreveport was $186,032 in May 2024, up 0.8% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $65K$60K
2 $84.6K$89.2K
3 $174.9K$179.9K
4 $283K$290K
5+ $380K$359.4K

Summary: Shreveport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 5.4%.

Median Sold Price Compared To Nearby Cities

Bossier City

Housing Supply in Shreveport, LA

How many homes are available in Shreveport, LA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Shreveport real estate market had 1,120 homes for sale in May 2024, a 7.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 910
2 145156
3 574599
4 258290
5+ 5865

Summary: The Shreveport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 12.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

103 Homes Were Sold
Under Asking

87 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shreveport, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.

Summary: A total of 221 homes were sold or pending in Shreveport in May 2024, up by 27.0% month-over-month. Of the 221 sold homes, 47% were sold under asking, 39% were sold at asking, and 14% were sold over asking.

Days on Market for Shreveport, LA

How long does it take to sell a home in Shreveport, LA?

Average Sale Time

May 2023May 2024CHANGE
48 Days52 Days+8.8%

Summary: Homes in Shreveport had an average of 52 days on market in May 2024, up by 8.8% compared to last year.

Breakdown of Home Sale Times

108 Homes Were Sold
Under 30 Days

72 Homes Were Sold
In 30 - 90 Days

41 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shreveport are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 221 homes were sold in Shreveport; 49% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Shreveport, LA

Nearby Markets to Shreveport, LA

What housing markets are near Shreveport, LA?