$8,906 Closing Credit*
$750,000
1,152 SqFt
3 Beds
•1 Full Bath
#488378, Listing Office: Brooklyn Real Property Inc
Is Kings County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Kings County has remained a Buyer's Market.
Key Takeaway
Kings County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kings County, NY
How much do homes in Kings County, NY cost?
Median Sold Price
$987,255
$714/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$35,016(+3.7%)
Key Takeaway
Homes in Kings County have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Kings County was $987,255 in December 2024, up 3.7% from last year, and the median price per square foot was $714.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $562.7K | $555.2K | -1.3% |
| 2 Bedrooms | $901.4K | $950.8K | +5.5% |
| 3 Bedrooms | $949.5K | $991.6K | +4.4% |
| 4 Bedrooms | $1.2M | $1.2M | +0.7% |
| 5+ Bedrooms | $1.3M | $1.4M | +5.0% |
Summary: Kings County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Counties
| Queens County | $661.8K | $709.2K | +7.2% |
| Kings County | $952.2K | $987.2K | +3.7% |
Housing Supply in Kings County, NY
How many homes are available in Kings County, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4,115 | 3,688 | -10.4% |
Summary: The Kings County real estate market had 3,688 homes for sale in December 2024, a 10.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 797 | 685 | -14.1% |
| 2 Bedrooms | 943 | 814 | -13.7% |
| 3 Bedrooms | 831 | 735 | -11.6% |
| 4 Bedrooms | 401 | 372 | -7.2% |
| 5+ Bedrooms | 1,143 | 1,082 | -5.3% |
Summary: The Kings County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.1%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 408 | 475 | +16.4% |
Asking Price vs. Sold Price
178 Homes Were Sold
Under Asking
257 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kings County, expect to pay close to the asking price. 54.1% of homes here sold near the asking price last month.
Summary: A total of 475 homes were sold or pending in Kings County in December 2024, up by 16.4% month-over-month. Of the 475 sold homes, 37% were sold under asking, 54% were sold at asking, and 8% were sold over asking.
Days on Market for Kings County, NY
How long does it take to sell a home in Kings County, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 116 Days | 88 Days | -24.3% |
Summary: Homes in Kings County had an average of 88 days on market in Dec 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
93 Homes Were Sold
In 30 - 90 Days
70 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kings County has remained consistent over time.
Summary: During December 2024, 475 homes were sold in Kings County; 12% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
©2025 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.