Is Kingsburg, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kingsburg was a Neutral Market.
Housing Prices in Kingsburg, CA
How much do homes in Kingsburg, CA cost?
Median Sold Price
$475,358
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kingsburg was $475,358 in April 2024, down 3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $239K | N/A |
2 Bedrooms | $325K | $320K | -1.5% |
3 Bedrooms | $451K | $467.9K | +3.8% |
4 Bedrooms | $530K | $533.8K | +0.7% |
5+ Bedrooms | $624.9K | $780K | +24.8% |
Summary: Kingsburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 24.8%.
Median Sold Price Compared To Nearby Cities
Kingsburg | $490K | $475.3K | -3.0% |
Kingsburg | $491K | $475.3K | -3.2% |
Housing Supply in Kingsburg, CA
How many homes are available in Kingsburg, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 23 | -25.8% |
Summary: The Kingsburg real estate market had 23 homes for sale in April 2024, a 25.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 16 | 11 | -31.3% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Kingsburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 4 | -69.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kingsburg in April 2024, down by 69.2% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Kingsburg, CA
How long does it take to sell a home in Kingsburg, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 13 Days | -22.1% |
Summary: Homes in Kingsburg had an average of 13 days on market in Apr 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Kingsburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.