Is Kensington, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Kensington was a Buyer's Market.
Housing Prices in Kensington, GA
How much do homes in Kensington, GA cost?
Median Sold Price
$289,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Kensington was $289,000 in February 2024, up 11.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $285K | +96.6% |
2 Bedrooms | $200K | $70K | -65.0% |
3 Bedrooms | $302.5K | $294K | -2.8% |
4 Bedrooms | $299.2K | $1.0M | +255.9% |
5+ Bedrooms | $129.9K | $675K | +419.6% |
Summary: Kensington housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.6%, 2 bedroom homes decreased by 65%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 255.9%, and 5+ bedroom homes increased by 419.6%.
Median Sold Price Compared To Nearby Cities
Lookout Mountain | $377.7K | $470K | +24.4% |
Kensington | $260K | $289K | +11.2% |
La Fayette | $200K | $210K | +5.0% |
LaFayette | $187.9K | $189.5K | +0.8% |
Housing Supply in Kensington, GA
How many homes are available in Kensington, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Summary: The Kensington real estate market had 12 homes for sale in February 2024, a 20.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kensington housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Kensington in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kensington, GA
We’re sorry, we don't have information for this market at the moment