Is Kingsbury, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingsbury is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Kingsbury has remained a Seller's Market.

Key Takeaway

Kingsbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kingsbury, NY

How much do homes in Kingsbury, NY cost?

Median Sold Price

$231,500

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,500(+9.7%)

Key Takeaway

Homes in Kingsbury have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Kingsbury was $231,500 in October 2024, up 9.7% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $85K$163.9K
+92.9%
2 $164K$169.9K
+3.6%
3 $220K$241.2K
+9.7%
4 $210K$241.1K
+14.8%
5+ $198.5K$240K
+20.9%

Summary: Kingsbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.9%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Cities

Kingsbury
+9.7%
Hartford
+6.2%
Hudson Falls
+4.0%
Moreau
-2.5%

Housing Supply in Kingsbury, NY

How many homes are available in Kingsbury, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4843-10.4%

Summary: The Kingsbury real estate market had 43 homes for sale in October 2024, a 10.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 65
-16.7%
3 2220
-9.1%
4 1011
+10.0%
5+ 86
-25.0%

Summary: The Kingsbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingsbury, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Kingsbury in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.

Days on Market for Kingsbury, NY

How long does it take to sell a home in Kingsbury, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days16 Days+5.6%

Summary: Homes in Kingsbury had an average of 16 days on market in Oct 2024, up by 5.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kingsbury are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Kingsbury; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Kingsbury, NY

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