Shreveport-area home prices rise 6.5% in July, with houses for sale in high demand

·3 min read
Few homes were for sale in the Greystone Farms subdivision of Fayetteville, North Carolina, in late July. Across the United States, median home prices were $449,024, down 0.2% from a month earlier, Realtor.com data shows.
Few homes were for sale in the Greystone Farms subdivision of Fayetteville, North Carolina, in late July. Across the United States, median home prices were $449,024, down 0.2% from a month earlier, Realtor.com data shows.

A typical Caddo Parish home listed for $205,000 in July, up 6.5% from the previous month's $192,450, an analysis of data from Realtor.com shows.

The median list home price in July was up about 30.2% from July 2021. Caddo Parish's median home was 1,757 square feet for a listed price of $107 per square foot.

The Caddo Parish market was busy, with a median 45 days on market. A month earlier, homes had a median 41 days on market. The market added 300 new home listings in July, compared with the 340 added in July 2021. The market ended the month with some 487 listings of homes for sale.

The median home prices issued by Realtor.com may exclude much, or even most, of a market's homes. The price and volume represent only homes that are single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.

What were Shreveport-area home prices in July? Here's a county-by-county breakdown

Bossier Parish's home prices fell 6.6%, to a median $271,000, from a month earlier. The typical house was on the market for 30 days, from 32 days a month earlier. The typical 1,993-square-foot house had a list price of $147 per square foot.

Webster Parish's home prices rose 2%, to a median $149,900, from a month earlier. The typical house was on the market for 53 days, from 51 days a month earlier. The typical 1,690-square-foot house had a list price of $86 per square foot.

De Soto Parish's home prices rose 4%, to a median $271,880, from a month earlier. The typical house was on the market for 50 days, from 40 days a month earlier. The typical 1,929-square-foot house had a list price of $161 per square foot.

Across metro Shreveport, median home prices rose to $229,700, up 2.1% from a month earlier. The median home had 1,813 square feet, at a list price of $117 per square foot.

Across all of Louisiana, median home prices were $292,175, falling 0.4% from a month earlier. The median Louisiana home for sale had 1,934 square feet at list price of $150 per square foot.

Across the United States, median home prices were $449,024, down 0.2% from a month earlier. The median American home for sale had 1,890 square feet, listed at $227 per square foot.

The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.

This article originally appeared on Shreveport Times: Shreveport-area homes for sale rise to $205,000 median price