71118 Home Values & Market Trends

There are 61 homes currently listed for 71118. 71118 real estate market trends show that home prices range from $115,000 to $975,000, and the median sales price in the 71118 zip code is $154,799.69. The total number of properties sold within the past twelve months is 315. In 71118, 10 properties are in foreclosure, 0 are bank owned properties,and 9 are headed for auction.

71118 Real Estate Market Overview

CityMedian Est. Value
Shreveport

$ 179,803

$ 100/sqft

Housing Market Summary for 71118

Apr 2023March 2024Change
Median Listing Price$190K$162.5K-14.45%
Median Sold Price$158.7K$162.5K2.42%
Homes For Sale57593.51%
Homes Sold1401410.71%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 71118

The median list price of a home in Shreveport, is $154,799.69. A total of 61 properties are for sale, and the percentage of properties for sale in the zip code is 61.00%. The total count of 71118 properties is 7,591.

Foreclosure
There is 1 cities within 71118; within this cities, the median estimated home value for homes in foreclosure ranges from $1,214,872 in shreveport to the lowest value of $23,498 in shreveport. Foreclosure homes account for 0.00% of properties in 71118 with shreveport containing 80 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in 71118 with shreveport containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 71118; of that cities, the estimated home value for pre-foreclosure homes ranges from $280,286 in shreveport to the lowest home value of $23,498 in shreveport.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 71118 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 71118. There is 1 cities within 71118; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    shreveport has 41 auction properties, the highest number of properties going to auction in a single city in the state of 71118. Auction homes and other auction properties account for 0.12% of all properties in 71118. There is 1 cities within 71118; of that cities, the median estimated home value for homes going to auction ranges from $1,214,872 in shreveport to the lowest value of $27,705 in shreveport.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.80% of residential properties in 71118 with shreveport containing 848 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 71118; homes for sale in that cities, have a range of median values from $3,850,000 in shreveport to the lowest value of $18,420 in shreveport.
    Sold Homes
    The median value for recently sold homes ranges from $1,532,003 in shreveport to the lowest price of $17,910 in shreveport. There is 1 cities within 71118. shreveport has 1398 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.88% of properties in 71118.

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      Guide for 71118

      Market Reports
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports
      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Baton Rouge, LA Real Estate Market Report – March 2024
      Market Reports|posted 18 March 2024

      The Baton Rouge real estate market, as of early 2024, displays complex dynamics with a minor decline in average property values but an increase in sale prices, indicating strong demand.

      Overview of Real Estate Trends in New Orleans, LA – Feb 2024
      Market Reports|posted 29 February 2024

      This write-up gives an quick view of the real estate market trends in New Orleans and its surrounding cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 71118

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