$27,000
1.04 Acres
Land
Jayne Tappe, Listing Office: I AM Real Estate, LLC
Is Shreveport, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Shreveport was a Seller's Market.
Key Takeaway
Shreveport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shreveport, LA
How much do homes in Shreveport, LA cost?
Median Sold Price
$187,748
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,881(+1.6%)
Key Takeaway
Homes in Shreveport have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Shreveport was $187,748 in November 2024, up 1.6% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66.5K | $61.5K | -7.5% |
| 2 Bedrooms | $80K | $103.5K | +29.4% |
| 3 Bedrooms | $179.9K | $175K | -2.7% |
| 4 Bedrooms | $279.9K | $298.6K | +6.7% |
| 5+ Bedrooms | $380K | $356.8K | -6.1% |
Summary: Shreveport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 29.4%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Greenwood | $219.2K | $276.5K | +26.1% |
| Keithville | $240K | $260K | +8.3% |
| Bossier City | $239.6K | $244.9K | +2.2% |
| Shreveport | $184.8K | $187.7K | +1.6% |
Housing Supply in Shreveport, LA
How many homes are available in Shreveport, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,112 | 1,108 | -0.4% |
Summary: The Shreveport real estate market had 1,108 homes for sale in November 2024, a 0.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 14 | -6.7% |
| 2 Bedrooms | 173 | 176 | +1.7% |
| 3 Bedrooms | 606 | 602 | -0.7% |
| 4 Bedrooms | 263 | 257 | -2.3% |
| 5+ Bedrooms | 55 | 59 | +7.3% |
Summary: The Shreveport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 176 | 168 | -4.5% |
Asking Price vs. Sold Price
112 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shreveport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 168 homes were sold or pending in Shreveport in November 2024, down by 4.5% month-over-month. Of the 168 sold homes, 67% were sold under asking, 23% were sold at asking, and 11% were sold over asking.
Days on Market for Shreveport, LA
We’re sorry, we don't have information for this market at the moment
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.