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Shreveport-Bossier City Home Prices Surge by 5%

Houses in Shreveport-Bossier City displaying rising home prices

Shreveport-Bossier City, September 12, 2025

News Summary

Shreveport-Bossier City leads Louisiana with a notable 5% increase in home prices over the last six months, reaching a median price of approximately $261,025. This rise is influenced by various market dynamics, including high interest rates and limited affordable inventory. While homes are selling faster, the number sold slightly increased compared to last year. Local trends reveal significant price increases in certain neighborhoods, prompting concerns about housing affordability in the region’s lower price segments.

Shreveport-Bossier City is experiencing a significant surge in home prices, which have risen by 5% over the past six months. This increase positions the area as the leader in Louisiana for home price growth, leaving other major markets trailing behind in comparison.

Current data reveals that the median home price in the Shreveport-Bossier City area is now approximately $261,025. This rise in market value can be attributed to various market dynamics, including a growing interest among potential homebuyers. Factors such as high interest rates, currently around 7%, alongside a lack of affordable inventory, are creating challenges for many prospective buyers.

Despite the increase in prices and average time spent on the market shrinking from 77 days at the start of the year to 62 days by July, the number of homes sold in 2024 has only slightly increased, with 4,398 homes sold compared to 4,390 in 2023, marking a significant drop from the 5,459 homes sold in 2022.

Comparative Trends in Louisiana

Other markets within Louisiana are displaying varied price increases as well, with Baton Rouge, Slidell-Mandeville, and Covington all witnessing a 4% rise. Greater New Orleans reported a 3% increase, Lake Charles saw a 2% uptick, Lafayette experienced only a 1% increase, and Houma-Thibodaux noted a 4% decrease in home prices. Meanwhile, areas outside of Louisiana have expressed notable trends too, like Lansing and East Lansing in Michigan, where home prices skyrocketed by up to 31%.

Future Projections and Market Conditions

Scott Hughes, CEO of the Northwest Louisiana Association of Realtors (NWLAR), highlights that the price increases in Shreveport-Bossier City are not merely a side-effect of skyrocketing living costs or interest rates but instead a reflection of increasingly complex market dynamics. An ongoing class-action lawsuit against the National Association of Realtors has also significantly changed commission structures, which may further affect market behavior.

Moreover, an increase in inventory levels in the Shreveport housing market is anticipated to provide more options for buyers, potentially shifting market dynamics in favor of buyers over sellers. This change could help mitigate some of the escalating housing costs.

Specific Local Market Insights

In localized trends, the Bossier City zip code 71067 saw a staggering 43.74% increase in home prices, while 71104 in Shreveport experienced a 10.81% rise. This suggests that certain neighborhoods are thriving under current market conditions, even amid broader challenges facing the housing market nationwide.

As the real estate environment continues to evolve in Shreveport-Bossier City, realtors are increasingly concerned about the affordability and availability of homes, particularly within the critical market segment priced under $200,000.

In summary, while Shreveport-Bossier City stands as a leader in home price increases in Louisiana, market conditions remain challenging. With rising interest rates and changing buyer preferences, the local housing market’s future will depend on how well it can adapt to these evolving dynamics.


FAQ

What is the current median home price in Shreveport-Bossier City?

The current median home price in Shreveport-Bossier City is approximately $261,025.

How much have home prices increased in Shreveport-Bossier City over the last six months?

Home prices in Shreveport-Bossier City have increased by 5% over the last six months.

What impact do current interest rates have on the housing market?

Current interest rates, around 7%, are impacting sales and prices, potentially pricing some homebuyers out of the market.


Key Features of the Housing Market in Shreveport-Bossier City

Feature Current Data
Median Home Price $261,025
Price Increase (Last 6 Months) 5%
Average Days on Market (July 2025) 62 Days
Average Price for Typical Home (1,600 sqft) $240,000
Inventory Levels Increasing
Current Interest Rates ~7%

Deeper Dive: News & Info About This Topic

HERE Resources

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Shreveport Economy Shows Steady Performance Despite National Downturn Concerns
Shreveport’s Economic Outlook Shows Mixed Signals
Shreveport’s Economic Outlook Shows Cautious Optimism
Bossier Parish Faces Real Estate Market Challenges
Bossier City Real Estate Market Faces Challenges Amid Economic Uncertainty
Construction of New State Office Building Begins in Shreveport

Additional Resources

Shreveport-Bossier City Home Prices Surge by 5%

STAFF HERE SHREVEPORT WRITER
Author: STAFF HERE SHREVEPORT WRITER

The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.

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