$7,873 Closing Credit*
$663,000
1,704 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX FLAGSHIP, INC.
Is Kingston, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Kingston was a Seller's Market.
Key Takeaway
Kingston 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 Kingston, RI
How much do homes in Kingston, RI cost?
Median Sold Price
$630,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+3.3%)
Key Takeaway
Homes in Kingston have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Kingston was $630,000 in November 2024, up 3.3% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $335K | N/A |
| 2 Bedrooms | $393K | $585.5K | +49.0% |
| 3 Bedrooms | $610.5K | $612K | 0.2% |
| 4 Bedrooms | $597.5K | $699.9K | +17.2% |
| 5+ Bedrooms | $1.2M | $660K | -45.0% |
Summary: Kingston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 45%.
Median Sold Price Compared To Nearby Cities
| Wakefield | $573.9K | $667.5K | +16.3% |
| South Kingstown | $576K | $650K | +12.8% |
| Kingston | $610K | $630K | +3.3% |
| Saunderstown | $733.5K | $735K | 0.2% |
| West Kingston | $524.9K | $497.5K | -5.2% |
Housing Supply in Kingston, RI
How many homes are available in Kingston, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Kingston real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kingston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kingston, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Kingston in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Kingston, RI
How long does it take to sell a home in Kingston, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 181 Days | +643.8% |
Summary: Homes in Kingston had an average of 181 days on market in Nov 2024, up by 643.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Kingston are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Kingston; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
