71115 — Elm Grove, LA Home Values
Typical home value $255,722 as of July 2026 · 5th of 30 in Shreveport-Bossier City, LA
Blue: typical home value (Zillow ZHVI) in ZIP code 71115, July 2021 to July 2026. This page shows observed data only; no forecast.
How 71115 compares in the Shreveport-Bossier City, LA area
ZIP code 71115 (Elm Grove, LA) has a typical home value of $255,722 as of July 2026, ranking 5th of 30 ZIP codes tracked in the Shreveport-Bossier City, LA area, more expensive than about 87% of ZIP codes in the metro. Prices here have moved +1.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +14.6%, from $223,080 in July 2021 to $255,722 in July 2026. Against observed rent, the typical home here sells for 14.1× the annual rent ($1,516/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Shreveport-Bossier City, LA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Shreveport.
Population and demographics
ZIP code 71115 has a population of 15,034, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 68.2% White, 20.1% Black or African American, 6.4% Asian, 2.5% two or more races, 1.8% Hispanic or Latino, 0.5% Native Hawaiian or Pacific Islander, 0.3% American Indian or Alaska Native, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Elm Grove Elementary School | 1541 Old Highway 71, Elm Grove, LA | 6 mi |
| Parkway High School | 2010 Colleen Drive, Bossier City, LA | 12.6 mi |
| University Elementary School | 9900 Smitherman Drive, Shreveport, LA | 13.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 71115?
$255,722 as of July 2026, the latest month Zillow has published observed data for.
Is 71115 an expensive ZIP code in the Shreveport-Bossier City, LA area?
71115 ranks 5th of 30 ZIP codes in the Shreveport-Bossier City, LA area by typical home value, more expensive than about 87% of ZIP codes in the metro.
How much have home values in 71115 changed over the past year?
+1.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 71115?
The typical home price is 14.1× the observed annual rent in this ZIP code ($1,516/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 71115?
15,034, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 71115?
Elm Grove Elementary School (6 mi), Parkway High School (12.6 mi), University Elementary School (13.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 71115?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Shreveport-Bossier City, LA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.