The Shreveport, LA housing market has experienced a slowdown in recent years, with home prices and mortgage rates climbing substantially. However, more consumers have been testing the waters, and buyers are taking advantage of a slow and favorable landscape. According to Redfin Real Estate, the median days on market in Shreveport is 55 days, with 27.4% of listings off-market in one week and 36.0% off-market in two weeks.
Shreveport Home Market Statistics
The average sale-to-list ratio in Shreveport is 97.45%, with a median sale price of $244,838. In comparison, the national median days on market is 49 days, with a median sale price of $398,771. These statistics provide insight into the current state of the Shreveport home market.
Original reporting: KTBS 3 (Shreveport) — read the source article.
