Shreveport, LA Real Estate Market 2026: A Score of 28 and What That Tells Buyers

The Shreveport, LA real estate market scores 28 out of 100 on the PropertyIQ Score as of February 28, 2026. The data that sits behind that score is consistent and clear: this is a weak market by multiple measures, and the trend is not improving.

PropertyIQ publishes scores for all markets it tracks regardless of whether they are strong or weak. A score of 28 is not a reason to avoid Shreveport in every scenario. It is a reason to understand what the data actually shows before making any decision.

What a Score of 28 Actually Means

The PropertyIQ Score synthesizes supply, demand, economic, and valuation data into a single 0-to-100 monthly score. A score of 50 represents the Louisiana state average. At 28, Shreveport is significantly below that average.

Shreveport's PropertyIQ Score has been in the 22-41 range for the full history in this dataset. There is no extended period above 50. The score reached 41 in January 2026, pulled back to 28 in February, and has generally oscillated in this weak zone without establishing a recovery trend.

The current demand score is 13.0 out of 100. The supply score is 14.0 out of 100. Both are among the lowest in PropertyIQ's tracked universe. This is not a supply-constrained market with high demand. It is a market where both buyers and sellers are less active than in comparable metros.

Shreveport Home Prices and Market Activity

As of February 2026, the median listing price in Shreveport is $245,000 per Realtor.com. The Zillow home value estimate is $172,926 as of January 2026. The gap between listing price ($245K) and Zillow home value ($172K) is large, suggesting sellers are consistently listing above where transactions are clearing.

Year-over-year home value change is -2.97% as of February 2026. Month-over-month is +2.08%, a small positive tick. The Zillow home price forecast as of December 2025 projects -2.0% over the next 12 months. Both the current trend and the forward forecast point to continued price softness.

Key market activity metrics as of February 2026:

• Days on market: 86 days (the slowest in this batch by a significant margin)
• For-sale inventory: 1,309 active listings (up 3.28% year-over-year)
• New listings: 438 (up 27.33% year-over-year)
• Pending listings: 465 (pending ratio: 0.36)
• Price cut rate: 15.62%
• Price per square foot: $128 (among the lowest in the dataset)
• Home sales year-over-year: up 5.57%
• Sale-to-list ratio: 98.7%
• Demand score: 13.0 out of 100
• Supply score: 14.0 out of 100

The 86-day average time on market is the most telling single metric. Homes in Ann Arbor sell in 57 days. Homes in Stockton sell in 46 days. Homes in Shreveport take 86 days to sell, nearly two months longer than the faster markets in this batch. Sellers are waiting.

The 27.33% surge in new listings year-over-year is a significant supply signal. More sellers are trying to exit. That supply increase, combined with soft demand (demand score of 13), is the direct cause of the extended time on market and the -2.97% year-over-year price decline.

The 5.57% increase in home sales volume year-over-year is one genuine positive. More homes are closing compared to a year ago. But given the 86-day time on market, the 27% new listing surge, and the declining prices, that volume increase is modest relative to the inventory pressure.

Shreveport Economic and Demographic Data

The Shreveport metro (Shreveport-Bossier City, LA) population was 389,004 as of 2023 Census data. Median household income was $54,635, the lowest in this batch and one of the lower medians in the South.

The income needed to buy at the Zillow median home value is $65,120 as of February 2026. At a median income of $54,635, that income gap is real but smaller than in most markets. Shreveport is one of the few markets where a household earning close to the metro median can conceivably qualify for ownership.

Median age is 38.2. Homeownership rate is 63.36%. Unemployment was 4.2% as of November 2025, reasonable and below the national average.

Shreveport's economy is anchored by healthcare (Ochsner LSU Health, Willis-Knighton Health System), the Louisiana Army Ammunition Plant, Barksdale Air Force Base in nearby Bossier City, and a gaming industry centered on the riverboat casinos along the Red River. The regional economy has historically been tied to energy (natural gas) and petrochemicals, sectors that have faced structural pressure over the past decade.

Population growth has been essentially flat. Without significant in-migration or economic development, the demand-side dynamics that drive real estate score improvement are not present in the current data.

The One Metric That Cuts the Other Way

The overvaluation metric for Shreveport is -10.5% as of February 2026. Negative overvaluation means prices are below what income fundamentals would support. Shreveport is technically undervalued relative to local income.

This is unusual and worth understanding. Most declining markets are either overvalued (prices too high relative to income) or appropriately valued. Shreveport is below the income-supported price level. That means the income-to-buy of $65,120, while above the $54,635 median, is not far from achievable, and the current Zillow home value of $172,926 could have a floor in the affordability of local buyers.

The 5-year appreciation figure for Shreveport is 36.68% as of February 2026. That is a strong cumulative number and reflects significant price gains from 2020 through 2022. The current -2.97% year-over-year decline is the market correcting from that elevated baseline toward a level better supported by local fundamentals.

Shreveport as a Rental Market

The Zillow rent index for Shreveport is approximately $1,299/month as of December 2025. That is a low rent in absolute terms and produces a different cash flow calculation than California or Northeast markets.

Against a Zillow home value of $172,926 and rent of $1,299/month, the gross rent multiplier is approximately 133, among the better rent-to-price ratios in any market. On paper, the math for cash flow investing looks more favorable in Shreveport than in higher-priced metros.

The counterbalance is the -2% Zillow price forecast and the -2.97% year-over-year price decline. Cash flow from rent must be weighed against potential depreciation in asset value. Investors who buy in a declining price environment and hold for yield need to be confident in the rental demand and vacancy rate before committing.

The Barksdale Air Force Base generates consistent military housing demand in the Bossier City portion of the metro. Military tenants provide reliable rent payment and predictable demand. This segment of the market is more defensible than the broader Shreveport residential market.

What Buyers Should Know About Shreveport in 2026

For homebuyers: If you are relocating to Shreveport for work at Barksdale, one of the hospital systems, or the energy sector, the affordability case is real. A $172,926 median home value with a $65,120 income threshold puts ownership within reach for households earning close to the $54,635 metro median. The 86-day average time on market and 15.62% price cut rate mean buyers have negotiating leverage.

The -2% Zillow price forecast and current -2.97% year-over-year decline argue against buying Shreveport as an appreciation play. Buy for stability, affordability, and the specific employment anchor that brought you to the market.

For investors: Shreveport requires specific thesis clarity. The cash flow math on paper (rent-to-price ratio) is more favorable than most markets. The depreciation risk and low demand score (13 out of 100) are the core risks. The Barksdale Air Force Base tenant pool is the most defensible investment focus. Properties in Bossier City near the base have a different risk profile than speculative purchases in declining Shreveport neighborhoods.

The Bottom Line

The Shreveport, LA real estate market scores 28 out of 100 on the PropertyIQ Score as of February 28, 2026. Days on market is 86. New listings surged 27.33% year-over-year. Home values are down 2.97% year-over-year. The Zillow 12-month forecast projects -2.0%. Demand scores 13 out of 100.

The one legitimate counterpoint: Shreveport is technically undervalued at -10.5%, creating a floor tied to local income fundamentals. And the rent-to-price ratio offers cash flow math that strong markets cannot match.

The data is honest. This is a weak market. Anyone considering Shreveport should read that data before deciding whether it fits their specific situation.

View the full Shreveport PropertyIQ Score and compare it to other Louisiana markets at propertyiq.app. Free to use, updated monthly.