The Shreveport, LA metro area housing market in January 2025 presents a complex landscape with varying trends across different metrics. The Median Sales Price for homes in the region stands at $221,250, reflecting a modest year-over-year increase of 0.6%. This suggests a relatively stable pricing environment for buyers and sellers alike.

In contrast, the Median List Price has surged significantly, reaching $254,700, which marks a substantial year-over-year increase of 39.2%. This sharp rise in list prices indicates a potential shift in seller expectations or market dynamics, possibly driven by increased demand or limited supply.

The median Price Per Square Foot has remained stable, with a slight year-over-year increase of 0.6%, now at $125.94. Meanwhile, the Median List Price per square foot has risen by 10.1%, reaching $138.77. This disparity between sales and list price growth may suggest that while sellers are optimistic, buyers are exercising caution.

Home sales activity has been robust, with 282 Homes Sold, representing a 15.6% increase compared to the previous year. However, Pending Sales have decreased by 4.2%, totaling 367. This decline in Pending Sales could indicate a cooling in buyer interest or challenges in closing transactions.

New Listings have remained unchanged year-over-year at 364, while inventory has increased by 11.8%, reaching 1,278 homes. The rise in inventory, coupled with a 20.0% decrease in Months of Supply to 4.5 months, suggests that while more homes are available, they are being absorbed by the market at a faster rate.

The Median Days on Market have increased by 17.0%, now averaging 78 days. This longer time on the market may reflect buyer hesitancy or a mismatch between buyer expectations and current pricing.

The average sale to list ratio has slightly decreased by 0.3%, now at 96.6%, indicating that homes are selling closer to their list prices. The percentage of Homes Sold above list price has seen a minor increase of 0.4%, now at 10.6%, suggesting that competitive bidding is still present in certain segments of the market.

Price Drops have increased by 3.2%, with 24.4% of listings experiencing reductions. This trend may indicate that sellers are adjusting their expectations to align with market realities. Additionally, the percentage of homes going off the market within two weeks has decreased by 3.1%, now at 20.2%, which could point to a slower pace of transactions.

Overall, the Shreveport housing market in January 2025 is characterized by rising list prices, stable sales prices, and increased inventory. While sales activity remains strong, the market exhibits signs of recalibration as buyers and sellers navigate changing conditions.