Kensington, NY is known for its high housing median value, coming in at an impressive $1,595,000. This is far more than the US House Median Value of $338,100 and this difference is made even more striking when you consider that the US 1 year House Appreciation rate is 8.27%, while Kensington's 1 year appreciation rate is an even higher 7.99%. These figures illustrate just how desirable this area is as a place to purchase property and it continues to be a sought after destination in New York.
The median home cost in Kensington is $1,595,000. Home appreciation the last 10 years has been 70.5%. Home Appreciation in Kensington is up 11.6%.
Average Age of Homes
- The median age of Kensington real estate is 78 years old
The Rental Market in Kensington
- Renters make up 2.8% of the Kensington population
- 0.0% of houses and apartments in Kensington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.