Is Queensborough, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Queensborough is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Queensborough has remained a Buyer'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

$30/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100(+0.3%)

Key Takeaway

The sold price of homes in Queensborough has remained the same since last year.

Summary: The median home sold price in Queensborough was $40,000 in October 2024, up 0.3% from last year, and the median price per square foot was $30.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $35K$26.5K
-24.3%
3 $39.9K$46.9K
+17.5%
4 $51.2K$191.8K
+274.3%
5+ $48K-
N/A

Summary: Queensborough housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.3%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 274.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Queensborough
0.3%
South Lakeshore
-7.3%

Housing Supply in Queensborough, LA

How many homes are available in Queensborough, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
34340.0%

Summary: The Queensborough real estate market had 34 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 1715
-11.8%
4 66
0.0%
5+ 12
+100.0%

Summary: The Queensborough housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Queensborough, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Queensborough in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Queensborough, LA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Queensborough, LA

Nearby Markets to Queensborough, LA