Shreveport Home Prices: $125K, Down 1.4% — 11 ZIPs Analyzed (2026)

$124,945. That’s the typical home value in Shreveport as of February 2026, down 1.4% from a year ago. The market has cooled along with the city’s population, but the bottom of the price curve looks like it may have arrived.

Quick answer: The average home price in Shreveport, LA is $124,945 as of February 2026, down 1.4% year over year according to Zillow.

Current Home Prices in Shreveport

The median home in Shreveport is worth roughly $125K. That’s a fraction of the national typical home value, and one of the lower figures among major Louisiana cities.

The spread between Shreveport’s cheapest and most expensive ZIPs is wide — roughly 8x. A typical home in 71103 costs less than a new pickup truck. A typical home in 71106 costs more than eight times that.

The city-wide average masks two very different markets. Southern and western ZIPs cluster between $167K and $216K. Several core city ZIPs sit below $50K, weighed down by older housing stock, vacancies, and slow demand.

A year of decline isn’t dramatic. A 1.4% drop on a $125K base is about $1,700. But context matters. In a market with shrinking population and weak in-migration, even small declines compound.

Shreveport Home Prices by Neighborhood

Eleven ZIPs are tracked across the city. Here’s how they rank.

Most Expensive

• 71106 at $215,813 — the priciest ZIP, more than $90K above the city median, though rents there ($1,004) actually run lower than several cheaper ZIPs.
• 71129 at $203,139 — a southern Shreveport ZIP with values 63% above the city average.
• 71105 at $196,765 — paired with the highest tracked rent in the city at $1,317.

Most Affordable

• 71103 at $26,196 — the cheapest tracked ZIP in Shreveport, more than $98K below the city median.
• 71109 at $33,432 — typical homes here go for roughly a quarter of the city’s most expensive ZIP.
• 71108 at $40,011 — paired with the lowest rent in the city ($842), suggesting weak demand on both sides.

Rent vs Buy in Shreveport

Rent data is available for 7 of Shreveport’s 11 tracked ZIPs. The typical rent across those ZIPs is roughly $1,130 a month.

Run the math at the city median. A $125K home with 20% down means a $100K loan. At 7% over 30 years, that’s about $665 a month in principal and interest. Add roughly $130 for property taxes (Caddo Parish runs around 1.25%) and $100 for homeowners insurance, and you’re at $895.

That’s still below the typical Shreveport rent of $1,130. Buying wins on monthly cost in most ZIPs.

The exception sits in the cheapest ZIPs. ZIP 71101 has a $43K median value but a $1,119 typical rent — a rent-to-price ratio that would normally signal strong investor returns. In practice, the gap reflects condition issues and tenant turnover that don’t show up in median figures.

For an owner-occupier with stable income, the math favors buying at almost every Shreveport price point. The barrier is the down payment, not the monthly cost.

Population Growth and Migration

Shreveport is losing people. The Census estimates the population dropped from 186,796 in 2020 to 176,578 in 2024 — a 5.5% decline.

The decline is steady. Each year shed between 1,400 and 3,500 residents. There’s no sign the trend has reversed.

How does that compare to the rest of Louisiana?

Bossier City — Shreveport’s neighbor across the Red River — is one of the few Louisiana cities still gaining residents. The contrast matters. Shreveport’s losses appear to include households moving to suburban Bossier rather than leaving the metro entirely.

For housing, the math is straightforward. Fewer residents means fewer buyers. That’s the headwind behind the 1.4% price decline.

Shreveport Housing Market Trends

Twelve months of data show a cooling market that may be stabilizing.

The high point sits at the start of the window. Prices fell roughly $2,500 from March to December 2025, then ticked up $822 in the last two months.

That’s not a recovery. It’s a deceleration. The slope of the decline is flattening. Whether it turns into a real rebound depends on factors outside the data — interest rates, the labor market in Caddo Parish, and whether the population trend continues.

For sellers, the takeaway is that homes priced at March 2025 levels are now overpriced by about 1.4%. For buyers, the takeaway is that you’re closer to the bottom than to the top.

Is Shreveport a Good Place to Buy in 2026?

This is a buyer’s market by most measures. Prices are down. Population is down. Months of supply almost certainly favors buyers given the demographic backdrop.

The case for buying is the math. A typical mortgage runs $200 to $300 less than typical rent. Closing costs and taxes are low by national standards. Entry prices in working-class ZIPs sit below $50K, putting ownership within reach of incomes that wouldn’t qualify in most US metros.

The case against is appreciation. Homes you buy in 2026 may not be worth more in 2031. A shrinking population is a structural drag. Buyers should treat Shreveport homes as housing first and investments second.

For investors, the rent-to-price ratios in core ZIPs look strong on paper. ZIP 71101 shows a $1,119 rent against a $43K median — a 31% gross yield before expenses. Real-world returns will run lower once vacancy, repairs, and management eat in.

If you’re buying to live, the math works. If you’re buying to flip, look elsewhere.

Shreveport Housing Market Outlook for 2026-2027

The 3-month trend points slightly upward. Median values rose from $124,123 in December 2025 to $124,945 in February 2026 — a $822 gain.

If the current pace continues, Shreveport prices will move sideways through mid-2026 with a small upward bias. The 12-month trend is still negative, but the momentum has shifted.

Two factors will dominate the next 6 months. Mortgage rates will set how many buyers are active. The population trend will set how many sellers can find them. If rates ease and population losses slow, expect modest gains. If either worsens, the recent floor won’t hold.

Don’t expect dramatic moves either way. Shreveport’s market is too thin and too local to swing sharply. The likely range for the next 6 months: between $123K and $127K.

Similar Markets in LA

Shreveport buyers comparing other Louisiana markets have several options:

• Bossier City — Shreveport’s growing neighbor, useful as a direct comparison since the metro shares one labor market.
• Monroe — another north Louisiana market with similar economic drivers.
• Alexandria — central Louisiana, often grouped with Shreveport for affordability comparisons.
• Baton Rouge — the state’s largest non-New Orleans market, with prices well above Shreveport.
• Lake Charles — also losing population, useful as a parallel case.

Frequently Asked Questions

What is the average home price in Shreveport?

The typical home in Shreveport is worth $124,945 as of February 2026. That’s based on the Zillow Home Value Index, which tracks the middle 30% of homes in the market. A year ago the figure was $126,674.

Are home prices going up or down in Shreveport?

Down 1.4% year over year. The peak in the last 12 months was $126,674 in March 2025, and the low was $124,123 in December 2025. Prices have edged up slightly in the last two months, suggesting the decline may be flattening.

Is it cheaper to rent or buy in Shreveport?

Buying is cheaper on monthly cost. A 20% down loan on the $125K median runs roughly $665 in principal and interest, plus about $230 in taxes and insurance — call it $895 total. The typical rent across tracked Shreveport ZIPs is $1,130. The catch is the down payment requirement, not the monthly bill.

What is the most affordable neighborhood in Shreveport?

ZIP 71103 has the lowest typical home value in the city at $26,196 — almost $99K below the city median. ZIPs 71109 ($33,432) and 71108 ($40,011) are also well below average. These ZIPs reflect older housing stock and weak demand rather than hidden bargains.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.