$2,611 Closing Credit*
$219,900
1,368 SqFt
4 Beds
•2 Full Baths
Md Nazmul Hussain, Listing Office: HUNT Real Estate Corporation
Is Kensington, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Kensington was a Seller's Market.
Key Takeaway
Kensington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Kensington, NY
How much do homes in Kensington, NY cost?
Median Sold Price
$186,500
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$39,000(+26.4%)
Key Takeaway
Homes in Kensington have sold for 26.4% more than they did a year ago.
Summary: The median home sold price in Kensington was $186,500 in December 2024, up 26.4% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $100K | $158.5K | +58.5% |
| 3 Bedrooms | $140.3K | $175K | +24.7% |
| 4 Bedrooms | $162.2K | $188K | +15.9% |
| 5+ Bedrooms | $210K | $235K | +11.9% |
Summary: Kensington housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.5%, 3 bedroom homes increased by 24.7%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Kensington | $147.5K | $186.5K | +26.4% |
| Kenfield | $130K | $162.5K | +25.0% |
| University | $222.5K | $264.9K | +19.1% |
Housing Supply in Kensington, NY
How many homes are available in Kensington, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 34 | 25 | -26.5% |
Summary: The Kensington real estate market had 25 homes for sale in December 2024, a 26.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 6 | 2 | -66.7% |
Summary: The Kensington housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kensington, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Kensington in December 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Kensington, NY
How long does it take to sell a home in Kensington, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 39 Days | +35.5% |
Summary: Homes in Kensington had an average of 39 days on market in Dec 2024, up by 35.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kensington has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Kensington; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
