Is Kingston, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingston is a neutral's market

Buyer's
Market

Difference Since August 2021

At the same time last year, Kingston was a Seller's Market.

Key Takeaway

Kingston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Kingston, TN cost?

Median Sold Price

$253,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$55,223(+27.9%)

Key Takeaway

Homes in Kingston have sold for 27.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $29K-
N/A
2 $145K$225K
+55.2%
3 $178.7K$250.6K
+40.2%
4 $312.8K$370.4K
+18.4%
5+ $445K$328.2K
-26.2%

How many homes are available in Kingston, TN?

Number of Homes For Sale

Jul 2022Aug 2022%
3736-2.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 45
+25.0%
3 1716
-5.9%
4 1211
-8.3%
5+ 44
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
106-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingston, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

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

About Kingston, TN

Number of homes for sale in Kingston, TN real estate market have reached 36. Between July 2022 and August 2022, Kingston, TN real estate market has seen decrease in the number of listings by 2.7%. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 55.2%, 3 bedrooms properties became 40.2% more expensive, prices of 4 bedrooms properties went up by 18.4%, 5 bedrooms properties became 26.2% more cheaper. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 25%, 3 bedrooms homes inventory decreased by 5.9%, the quantity of 4 bedrooms homes went down by 8.3%, 5 bedrooms homes did not move. In August 2022 more than 1 listings in Kingston, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below.