$4,737 Closing Credit*
$398,900
1,744 SqFt
4 Beds
•2 Baths
Rosemary Quintero, Listing Office: Realty World Advantage
Is Kings County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$355,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,625(-0.7%)
Key Takeaway
Homes in Kings County have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Kings County was $355,000 in November 2024, down 0.7% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $110K | -33.3% |
| 2 Bedrooms | $242K | $252.5K | +4.3% |
| 3 Bedrooms | $335.5K | $335K | -0.1% |
| 4 Bedrooms | $399.5K | $410K | +2.6% |
| 5+ Bedrooms | $463.7K | $476K | +2.6% |
Summary: Kings County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Counties
| Monterey County | $814.4K | $867.8K | +6.6% |
| Fresno County | $399.9K | $414.6K | +3.7% |
| Kern County | $356.3K | $359.9K | +1.0% |
| Kings County | $357.6K | $355K | -0.7% |
Housing Supply in Kings County, CA
How many homes are available in Kings County, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 144 | 135 | -6.3% |
Summary: The Kings County real estate market had 135 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 75 | 66 | -12.0% |
| 4 Bedrooms | 46 | 45 | -2.2% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Kings County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 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. 38.7% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Kings County in November 2024, up by 3.3% month-over-month. Of the 31 sold homes, 39% were sold under asking, 23% were sold at asking, and 39% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 34 Days | +13.9% |
Summary: Homes in Kings County had an average of 34 days on market in Nov 2024, up by 13.9% compared to last year.
Breakdown of Home Sale Times
18 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 November 2024, 31 homes were sold in Kings County; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% 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. 
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