$5,332 Closing Credit*
$449,000
2,042 SqFt
3 Beds
•3 Baths
Leeandra Dupree, Listing Office: eXp Realty of California, Inc.
Is Kings County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Kings County has remained a Seller's Market.
Key Takeaway
Kings County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kings County, CA
How much do homes in Kings County, CA cost?
Median Sold Price
$350,200
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,800(-1.4%)
Key Takeaway
Homes in Kings County have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Kings County was $350,200 in October 2024, down 1.4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $110K | -22.8% |
| 2 Bedrooms | $242K | $241.9K | 0% |
| 3 Bedrooms | $335K | $335K | 0.0% |
| 4 Bedrooms | $399.9K | $404.9K | +1.3% |
| 5+ Bedrooms | $452.5K | $467.5K | +3.3% |
Summary: Kings County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Counties
| Monterey County | $804.6K | $869.2K | +8.0% |
| Fresno County | $399.8K | $411.2K | +2.9% |
| Kern County | $355K | $360K | +1.4% |
| Kings County | $355K | $350.2K | -1.4% |
Housing Supply in Kings County, CA
How many homes are available in Kings County, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 146 | -2.7% |
Summary: The Kings County real estate market had 146 homes for sale in October 2024, a 2.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 81 | 74 | -8.6% |
| 4 Bedrooms | 40 | 46 | +15.0% |
| 5+ Bedrooms | 15 | 7 | -53.3% |
Summary: The Kings County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30.8%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 53.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 28 | -20.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kings County, you may be able to get a good deal. 39.3% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Kings County in October 2024, down by 20.0% month-over-month. Of the 28 sold homes, 39% were sold under asking, 29% were sold at asking, and 32% were sold over asking.
Days on Market for Kings County, CA
How long does it take to sell a home in Kings County, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 34 Days | +36.4% |
Summary: Homes in Kings County had an average of 34 days on market in Oct 2024, up by 36.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kings County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in Kings County; 54% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.