Southern Hills, Shreveport, LA—71118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southern Hills, Shreveport, LA
As of Oct '25, the median home price in Southern Hills, Shreveport, LA is $165,000, with a year-over-year change of -1.3%. This indicates that home prices in Southern Hills, Shreveport, LA are decreasing. According to Zillow, the 1-year price projection is -3.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | -1.3% |
| Single Family | $165,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $118,000 | -2.5% |
3 Bed | $160,000 | -1.2% |
4 Bed | $208,000 | 0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Southern Hills, Shreveport, LA
As of July '25, Rentcast reports the average rent in Southern Hills, Shreveport, LA is $1,260, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Southern Hills, Shreveport, LA is 1-bedrooms: $822, 2-bedrooms: $908, 3-bedrooms: $1,400, 4-bedrooms: $1,690. The most common rental property sizes in Southern Hills, Shreveport, LA are 2-bedroom and 3-bedroom, accounting for 42.7% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $790 | $822 |
| 2 Bed Rent | $900 | $908 |
| 3 Bed Rent | $1,300 | $1,400 |
| 4 Bed Rent | $1,600 | $1,690 |
% of Rental Stock
Property Listings — Southern Hills, Shreveport, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Southern Hills, Shreveport, LA is 54. This is a increase of 4.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $184,000 | -6.0% |
Listing Count | 90 | -8.0% |
| Listings as % of Homes | 0.8% | -8.0% |
Days on Market | 54 | 4.0% |
Demographics — Southern Hills, Shreveport, LA
As of the latest ACS Survey released in 2023, Southern Hills, Shreveport, LA has a population of 25,000, which has increased by 2.1% over the past 5 years. Southern Hills, Shreveport, LA is a popular place for families, as children make up 28.7% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,000 | 2.1% |
% Under 18 | 28.7% | 13.4% |
% Seniors | 15.5% | -14.8% |
% WFH | 5.6% | 133.3% |
% w/ College Degree | 19.5% | -4.9% |
As of the latest ACS Survey released in 2023, Southern Hills, Shreveport, LA is a predominantly black area, with 58.3% of the population identifying as black. The black population has grown by 29.8% in the last 5 years. The second most common race or ethnicity in Southern Hills, Shreveport, LA is white, making up 32.8% of the population. Foreign-born residents account for 2.0% of the population in Southern Hills, Shreveport, LA, and this percentage has decreased by 28.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.8% | -32.5% |
% Black | 58.3% | 29.8% |
% Hispanic | 4.0% | 110.5% |
% Asian | 1.2% | -45.5% |
% Foreign Born | 2.0% | -28.6% |
Mortgage and Risk — Southern Hills, Shreveport, LA
According to HUD data as of 2023, there were 357 mortgage originations in Southern Hills, Shreveport, LA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Southern Hills, Shreveport, LA. Investor activity is low, as 11.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 357 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Southern Hills, Shreveport, LA
As of 2024, the percent of homes in Southern Hills, Shreveport, LA under the Section 8 program is 4.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Southern Hills, Shreveport, LA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 247 |
Total Units Section 8 | 128 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $790 | $900 |
| 2 Bedroom | $130 | $900 | $1,030 |
| 3 Bedroom | $30 | $1,300 | $1,330 |
| 4 Bedroom | -$190 | $1,600 | $1,410 |
Affordability — Southern Hills, Shreveport, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $165,000 |
| Median Household Income | $57,000 |