Housing in Kings Point, NY is significantly more expensive than the US housing median value of $338,100. The median house value in Kings Point is $2,258,500. Despite being an expensive area to live in, Kings Point has seen a strong appreciation rate of 7.99% over the past year - only slightly lower than the US average of 8.27%. This suggests that the real estate market in Kings Point remains strong and resilient despite its high prices.
The median home cost in Kings Point is $2,258,500. Home appreciation the last 10 years has been 70.5%. Home Appreciation in Kings Point is up 11.6%.
Average Age of Homes
- The median age of Kings Point real estate is 58 years old
The Rental Market in Kings Point
- Renters make up 6.8% of the Kings Point population
- 0.0% of houses and apartments in Kings Point, 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.