Is Queensborough, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Queensborough was a Seller's Market.
Key Takeaway
Queensborough is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Queensborough, LA
How much do homes in Queensborough, LA cost?
Median Sold Price
$40,000
$33/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Queensborough have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Queensborough was $40,000 in April 2024, up 17.1% from last year, and the median price per square foot was $33.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $32K | $31K | -3.1% |
| 3 Bedrooms | $33.8K | $50K | +47.8% |
| 4 Bedrooms | $55K | $51.2K | -6.8% |
| 5+ Bedrooms | $48K | - | N/A |
Summary: Queensborough housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 47.8%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Ingleside | $23.3K | $33K | +41.3% |
| Queensborough | $34.1K | $40K | +17.1% |
| South Lakeshore | $232K | $231K | -0.4% |
Housing Supply in Queensborough, LA
How many homes are available in Queensborough, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Queensborough real estate market had 26 homes for sale in April 2024, a 7.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Queensborough housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Queensborough, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Queensborough in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Queensborough, LA
How long does it take to sell a home in Queensborough, LA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 37 Days | +479.5% |
Summary: Homes in Queensborough had an average of 37 days on market in Apr 2024, up by 479.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Queensborough has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Queensborough; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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