The housing market in Kingston, MI is strong, with a median home value of $146,000. This is significantly lower than the US median home value of $338,100. Despite this difference, the appreciation rate for homes in Kingston in the past year has been 9.81%, which is higher than the US average of 8.27%. Thus, it would appear that even though home values are lower in Kingston than elsewhere in the US, they are still increasing in value more rapidly than elsewhere. With lower prices and higher appreciation rates, now might be a great time to invest in real estate in Kingston.
The median home cost in Kingston is $146,000. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Kingston is up 14.8%.
Average Age of Homes
- The median age of Kingston real estate is 67 years old
The Rental Market in Kingston
- Renters make up 28.8% of the Kingston population
- 3.5% of houses and apartments in Kingston, 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.