The story of this market
The typical home in ZIP 71061 sells for about $188,900, or $108 per square foot.
Prices are up +20.32% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 71061 — Oil City
The Shreveport housing market shows a median sold price of $188,900 with a 20.32% year-over-year increase, though listing prices remain lower. Market activity is moderate with 64 days on market and a tight rental sector. Note that Louisiana's non-disclosure status limits the availability of precise public sales data.
Median prices moved up 20.3% year over year.
Homes spend a median of 64 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The rental market in the broader Shreveport area is characterized by tight supply, particularly for low-income housing tax credit units, with an estimated vacancy rate of approximately 4 percent.
The Shreveport-Bossier City economy is anchored by a mix of gaming, healthcare, and military sectors, with significant regional influence from Barksdale Air Force Base.
Louisiana is a non-disclosure state, meaning residential sale prices are not public record.
- Caddo Lake State Park4.712.7 mi
- Caddo Lake National Wildlife Refuge4.710.7 mi
- Earl G Williamson Park4.52 mi
- Caddo Lake Historic Drawbridge4.54.4 mi
- Robert L Nance Park4.610.1 mi
- Three Corners Marker: LA/TX/AR4.218.5 mi
- Caddo Lake Historic Drawbridge4.54.4 mi
- T C Lindsey & Co4.819.5 mi
- Caddo Lake State Park4.712.7 mi
- Caddo Lake National Wildlife Refuge4.710.7 mi
- Earl G Williamson Park4.52 mi
- Robert L Nance Park4.610.1 mi
- Johnson's Ranch Marina4.78.9 mi
- Shreveport Yacht Club4.519.8 mi
- Shreveport Regional Airport3.922.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.