Is Kingsburg, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kingsburg has remained a Seller's Market.
Housing Prices in Kingsburg, CA
How much do homes in Kingsburg, CA cost?
Median Sold Price
$475,358
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kingsburg was $475,358 in March 2024, down 4.7% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $239K | +107.8% |
2 Bedrooms | $330K | $325K | -1.5% |
3 Bedrooms | $458K | $459K | 0.2% |
4 Bedrooms | $528K | $550.3K | +4.2% |
5+ Bedrooms | $640.6K | $855K | +33.4% |
Summary: Kingsburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.8%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 33.4%.
Median Sold Price Compared To Nearby Cities
Kingsburg | $497K | $475.3K | -4.4% |
Kingsburg | $499K | $475.3K | -4.7% |
Housing Supply in Kingsburg, CA
How many homes are available in Kingsburg, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The Kingsburg real estate market had 30 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Kingsburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Kingsburg in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.
Days on Market for Kingsburg, CA
How long does it take to sell a home in Kingsburg, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 10 Days | -82.6% |
Summary: Homes in Kingsburg had an average of 10 days on market in Mar 2024, down by 82.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Kingsburg; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.