Cedar Grove, Shreveport, LA—71108
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cedar Grove, Shreveport, LA
As of Oct '25, the median home price in Cedar Grove, Shreveport, LA is $40,000, with a year-over-year change of -13.2%. This indicates that home prices in Cedar Grove, Shreveport, LA are decreasing. According to Zillow, the 1-year price projection is -6.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $40,000 | -13.2% |
| Single Family | $40,000 | -11.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $27,000 | -12.9% |
3 Bed | $51,000 | -10.5% |
4 Bed | $65,000 | -5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cedar Grove, Shreveport, LA
As of July '25, Rentcast reports the average rent in Cedar Grove, Shreveport, LA is $892, with a year-over-year rent change of 9.9%. Per bedroom, the median rent as of July '25 in Cedar Grove, Shreveport, LA is 1-bedrooms: $600, 2-bedrooms: $715, 3-bedrooms: $946, 4-bedrooms: $1,130. The most common rental property sizes in Cedar Grove, Shreveport, LA are 2-bedroom and 3-bedroom, accounting for 42.0% and 38.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $892 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $600 |
| 2 Bed Rent | $700 | $715 |
| 3 Bed Rent | $950 | $946 |
| 4 Bed Rent | $1,000 | $1,130 |
% of Rental Stock
Property Listings — Cedar Grove, Shreveport, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cedar Grove, Shreveport, LA is 85. This is a increase of 65.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $45,000 | 2.0% |
Listing Count | 104 | 0.0% |
| Listings as % of Homes | 0.6% | 0.0% |
Days on Market | 85 | 65.0% |
Demographics — Cedar Grove, Shreveport, LA
As of the latest ACS Survey released in 2023, Cedar Grove, Shreveport, LA has a population of 19,000, which has remained stable by -0.6% over the past 5 years. Cedar Grove, Shreveport, LA is a popular place for families, as children make up 29.3% of the population. The area has a poorly educated workforce, with 6.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,000 | -0.6% |
% Under 18 | 29.3% | -3.3% |
% Seniors | 11.9% | 30.8% |
% WFH | 7.5% | 368.8% |
% w/ College Degree | 6.9% | -21.6% |
As of the latest ACS Survey released in 2023, Cedar Grove, Shreveport, LA is a predominantly black area, with 83.3% of the population identifying as black. The black population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Cedar Grove, Shreveport, LA is white, making up 10.9% of the population. Foreign-born residents account for 2.4% of the population in Cedar Grove, Shreveport, LA, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 10.9% | 5.8% |
% Black | 83.3% | -3.7% |
% Hispanic | 4.1% | 925.0% |
% Asian | 0.1% | -88.9% |
% Foreign Born | 2.4% | 50.0% |
Mortgage and Risk — Cedar Grove, Shreveport, LA
According to HUD data as of 2023, there were 51 mortgage originations in Cedar Grove, Shreveport, LA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Cedar Grove, Shreveport, LA. Investor activity is high, as 49.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 49.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Cedar Grove, Shreveport, LA
As of 2024, the percent of homes in Cedar Grove, Shreveport, LA under the Section 8 program is 15.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Cedar Grove, Shreveport, LA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 685 |
Total Units Section 8 | 674 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $600 | $890 |
| 2 Bedroom | $320 | $700 | $1,020 |
| 3 Bedroom | $370 | $950 | $1,320 |
| 4 Bedroom | $400 | $1,000 | $1,400 |
Affordability — Cedar Grove, Shreveport, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $40,000 |
| Median Household Income | $32,100 |