The story of this market
The typical home in ZIP 71108 sells for about $57,000, or $58 per square foot.
Prices are up +12.25% from a year ago, so sellers still have some momentum. Homes take about 124 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71108 — Shreveport
The 71108 housing market remains highly affordable with a median listing price of $57,000, reflecting a stable but low-growth environment. Market activity is driven by investor demand for rental properties and first-time buyers seeking entry-level housing, though high vacancy rates and economic challenges in the surrounding area persist.
This ZIP is best suited for budget-conscious family buyers, long-term investors seeking high-yield rental properties, and local workers who prioritize affordability over proximity to high-end amenities.
Median prices moved up 12.3% year over year.
Homes spend a median of 124 days on market with 5.8 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.5% · poverty 28.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 71108, Caddo Parish, LA
Crime rates in the 71108 area are significantly higher than the national average, with property and violent crime trends remaining a persistent concern for local residents compared to safer suburban counterparts.
Public schools serving the area generally receive lower performance ratings, with many institutions facing challenges in meeting state academic benchmarks.
The area is subject to standard regional risks including heavy rainfall and potential localized flooding, with property insurance premiums reflecting the broader Gulf Coast climate risk profile.
Economic momentum is modest, with the area serving as a residential base for Shreveport's service and industrial sectors; major new infrastructure or corporate developments are currently limited.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Residents primarily rely on personal vehicles for commuting, with access to I-49 and I-20 providing direct routes to downtown Shreveport and the surrounding industrial corridors.
The area features local community parks and proximity to Southern Hills Park, with basic retail and dining options concentrated along major thoroughfares like Mansfield Road.
The rental market is characterized by high demand for affordable housing, with significant investor interest in single-family portfolios; vacancy pressure is moderate due to the lower price point.
The local economy is anchored by healthcare, education, and regional logistics, with a significant portion of the workforce employed in the broader Shreveport-Bossier City metro area.
Transportation is dominated by highway access via I-49; public transit options are limited to regional bus services.
Development is currently focused on small-scale residential rehabilitation and maintenance of existing infrastructure.
The Caddo Parish Tax Assessor manages property valuations, typically reassessing on a four-year cycle.
Parcels are subject to standard Caddo Parish school and municipal tax districts; no specialized utility districts are prevalent.
Property insurance costs are rising due to regional weather patterns and the age of the housing stock, impacting overall affordability.
Data retrieved from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Altitude Trampoline Park4.58.8 mi
- Surge Entertainment by Drew Brees4.17.6 mi
- Adventure Fun Park4.43.6 mi
- Chuck E. Cheese4.19 mi
- Escape SBC4.98.3 mi
- Brookshire Grocery Arena4.56.9 mi
- Shreveport Aquarium4.45.8 mi
- Shreveport Convention Center4.55.7 mi
- Golden Corral Buffet & Grill4.14.2 mi
- Shreveport Municipal Auditorium4.55.1 mi
- Cinemark Shreveport South Tinseltown and XD4.44.6 mi
- Shreveport Aquarium4.45.8 mi
- Duck Pond4.55 mi
- Sci-Port Discovery Center4.35.7 mi
- Shreveport Municipal Auditorium4.55.1 mi
- Sci-Port Discovery Center4.35.7 mi
- R.W. Norton Art Gallery4.73.1 mi
- Louisiana State Exhibit Museum4.82.7 mi
- Barksdale Global Power Museum4.47.9 mi
- Shreveport Water Works Museum4.85.6 mi
- Duck Pond4.55 mi
- Betty Virginia Park4.63.1 mi
- Field of Dreams4.810.1 mi
- Red River National Wildlife Refuge4.76.8 mi
- North Bossier Park4.610.2 mi
- Red River South Marina & Resort4.510.2 mi
- Shreveport Yacht Club4.54.8 mi
- Chasing Aces4.76.3 mi
- Querbes Park Golf Course4.24.3 mi
- Southern Trace Country Club4.68.1 mi
- The Club at Huntington Park44.2 mi
- The Golf Club at StoneBridge411.3 mi
- Mall St. Vincent43.3 mi
- Louisiana Boardwalk4.46.2 mi
- Pierre Bossier Mall3.97.6 mi
- Ross Dress for Less4.14.3 mi
- T.J. Maxx4.34 mi
- Shreveport Regional Airport3.92.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational space and community facilities for the neighborhood.
Primary commercial artery featuring local retail and fast-casual dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.