Is Kingsbury, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingsbury is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Kingsbury has remained a Seller's Market.

Key Takeaway

Kingsbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kingsbury, NY

How much do homes in Kingsbury, NY cost?

Median Sold Price

$222,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$12,000(+5.7%)

Key Takeaway

Homes in Kingsbury have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Kingsbury was $222,000 in August 2024, up 5.7% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $85K$148K
+74.1%
2 $184.3K$151K
-18.1%
3 $212.5K$232K
+9.2%
4 $211K$231.5K
+9.7%
5+ $176.4K$232K
+31.5%

Summary: Kingsbury housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.1%, 2 bedroom homes decreased by 18.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 31.5%.

Median Sold Price Compared To Nearby Cities

Hudson Falls
+8.3%
Kingsbury
+5.7%
Hartford
+5.3%
Moreau
0.3%

Housing Supply in Kingsbury, NY

How many homes are available in Kingsbury, NY?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4541-8.9%

Summary: The Kingsbury real estate market had 41 homes for sale in August 2024, a 8.9% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 12
+100.0%
2 52
-60.0%
3 2422
-8.3%
4 119
-18.2%
5+ 46
+50.0%

Summary: The Kingsbury housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingsbury, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Kingsbury in August 2024, up by 62.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.

Days on Market for Kingsbury, NY

How long does it take to sell a home in Kingsbury, NY?

Average Sale Time

Aug 2023Aug 2024CHANGE
90 Days28 Days-68.4%

Summary: Homes in Kingsbury had an average of 28 days on market in Aug 2024, down by 68.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kingsbury are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 13 homes were sold in Kingsbury; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Kingsbury, NY

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