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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingsley is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kingsley was a Neutral Market.

Key Takeaway

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

Housing Prices in Kingsley, NY

How much do homes in Kingsley, NY cost?

Median Sold Price

$58,000

$25/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$26,000(-31.0%)

Key Takeaway

Homes in Kingsley have sold for 31% less than they did a month ago.

Summary: The median home sold price in Kingsley was $58,000 in March 2024, down 31% from last month, and the median price per square foot was $25.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$74.9K
N/A
4 -$10K
N/A
5+ $84K$58K
-31.0%

Summary: Kingsley housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 31%.

Median Sold Price Compared To Nearby Neighborhoods

Grider
-28.6%
Kingsley
-31.0%

Housing Supply in Kingsley, NY

How many homes are available in Kingsley, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1211-8.3%

Summary: The Kingsley real estate market had 11 homes for sale in March 2024, a 8.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 33
0.0%
5+ 66
0.0%

Summary: The Kingsley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingsley, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Kingsley in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Kingsley, NY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
45 Days28 Days-37.0%

Summary: Homes in Kingsley had an average of 28 days on market in Mar 2024, down by 37% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Kingsley; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 25 Days Ago

Newest Listings in Kingsley, NY

Nearby Markets to Kingsley, NY