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Shreveport-Bossier City, LA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$183,475+3.8% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$39,774About 0.7× the local median income ($58,688): affordable for a typical household
Days on market70 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.5%Zillow expects prices to rise slightly

The typical home in Shreveport-Bossier City, LA is worth $183,475, up 3.8% from a year ago. That is well below what local incomes have historically supported: fair value is about $220,550, so the area is 16.8% undervalued. It is a balanced market, leaning toward sellers: homes take about 70 days to sell, listings are down 9% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $39,774 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,688. Typical rent is $1,282 a month, or $1,379 for a house. In the latest IRS figures, 1,691 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$183,475
Change in 1 year+3.8%
Overvalued %−16.8%
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Fair home value$220,550
Change in 5 years+8.7%
Zillow forecast, next 12 months+2.5%
Home value to income3.1×
Monthly mortgage payment (20% down)$994
Income needed to afford it$39,774
Property tax rate0.63%

Rent and investing

Typical rent$1,282
Typical rent for houses$1,379
Price-to-rent ratio11.9×
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HUD Fair Market Rent, 2 bedrooms$1,045
Gross rental yield8.38%
Cap rate (estimate)5.45%

Market activity

Listings vs a year ago−8.9%
Days on market70
Listings with a price cut19.9%
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Homes for sale1,329
Pending sales per 100 listings37
Asking price per sq ft$129

People and jobs

Median household income$58,688
Population change (1 year)−0.1%
Unemployment rate7.6%
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Population383,474
Income adjusted for cost of living$69,208
Net moves in (IRS)−1,691
Cost of living (US = 100)84.8

Schools, risk and environment

School rating (1 to 10)5.6
FEMA hazard risk score (0 to 100)85.5
Unhealthy air days a year0
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Flood risk score82.5
Wildfire risk score54.0
Walkability (1 to 20)6.2
Road, rail and air noise53 dB

Questions people ask

Is Shreveport-Bossier City, LA overvalued?
Home prices in Shreveport-Bossier City, LA are well below what local incomes have historically supported: fair value is about $220,550, so the area is 16.8% undervalued.
Is Shreveport-Bossier City, LA a buyer's or seller's market?
Shreveport-Bossier City, LA is a balanced market, leaning toward sellers: homes take about 70 days to sell, listings are down 9% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Shreveport-Bossier City, LA?
Home values in Shreveport-Bossier City, LA are up 3.8% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Shreveport-Bossier City, LA?
A household needs about $39,774 a year to afford the typical home in Shreveport-Bossier City, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,688.

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