Is Kingston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Kingston has remained a Seller's Market.
Key Takeaway
Kingston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kingston, MA
How much do homes in Kingston, MA cost?
Median Sold Price
$625,000
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Kingston have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Kingston was $625,000 in May 2024, down 1.1% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $450K | N/A |
| 2 Bedrooms | $443K | $385K | -13.1% |
| 3 Bedrooms | $593K | $625K | +5.4% |
| 4 Bedrooms | $775K | $849.9K | +9.7% |
| 5+ Bedrooms | $1.1M | $1.1M | +2.3% |
Summary: Kingston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 2.3%.
Housing Supply in Kingston, MA
How many homes are available in Kingston, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 49 | +44.1% |
Summary: The Kingston real estate market had 49 homes for sale in May 2024, a 44.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 16 | 28 | +75.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Kingston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingston, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Kingston in May 2024, down by 10.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.
Days on Market for Kingston, MA
How long does it take to sell a home in Kingston, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 18 Days | -46.1% |
Summary: Homes in Kingston had an average of 18 days on market in May 2024, down by 46.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kingston are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Kingston; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
