Is Kingston, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kingston was a Seller's Market.
Housing Prices in Kingston, NY
How much do homes in Kingston, NY cost?
Median Sold Price
$374,950
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kingston was $374,950 in March 2024, up 11.9% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $251K | $557K | +121.9% |
2 Bedrooms | $295K | $323.2K | +9.6% |
3 Bedrooms | $335K | $349K | +4.2% |
4 Bedrooms | $425.7K | $482K | +13.2% |
5+ Bedrooms | $527.4K | $290K | -45.0% |
Summary: Kingston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.9%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 45%.
Housing Supply in Kingston, NY
How many homes are available in Kingston, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 41 | -6.8% |
Summary: The Kingston real estate market had 41 homes for sale in March 2024, a 6.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 22 | 19 | -13.6% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Kingston 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 increased by 33.3%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Kingston in March 2024, down by 37.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kingston, NY
How long does it take to sell a home in Kingston, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
98 Days | 136 Days | +38.4% |
Summary: Homes in Kingston had an average of 136 days on market in Mar 2024, up by 38.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Kingston; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 80% of homes were sold over 90 days.