The housing market in Kingston, NY is robust and growing. The median value of homes in the area is $224,700, which is significantly lower than national median value of $338,100. Despite this discrepancy, the appreciation rate for houses over the last year has been impressive; Kingston’s appreciation rate was 14.80%, much higher than the 8.27% seen nationally. This indicates a healthy housing market where prices are increasing at an above-average rate and could be a great opportunity for potential home buyers or investors looking to take advantage of this growth.
The median home cost in Kingston is $224,700. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Kingston is up 24.5%.
Average Age of Homes
- The median age of Kingston real estate is 78 years old
The Rental Market in Kingston
- Renters make up 49.1% of the Kingston population
- 1.6% 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.