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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Kingston, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Kingston, NY Housing Market Trends

With 23,916 people, 9,821 houses or apartments, and a median cost of homes of $399,722, Kingston real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Kingston, accounting for 45.20% of the city's housing units. Other types of housing that are prevalent in Kingston include duplexes, homes converted to apartments or other small apartment buildings ( 29.76%), large apartment complexes or high rise apartments ( 21.91%), and a few row houses and other attached homes ( 3.03%).

People in Kingston primarily live in small (one, two or no bedroom) single-family detached homes. Kingston has a mixture of owner-occupied and renter-occupied housing.

The housing in Kingston was primarily built before 1939 ( 51.38%), making the housing stock in Kingston some of the oldest overall in America, although there is a range of ages of homes in Kingston. The next most important housing age is between 1940-1969 ( 25.43%), followed by between 1970-1999 ( 18.47%). There's also some housing in Kingston built between 2000 and later ( 4.72%).

Kingston Home Appreciation Rates

In the last 10 years, Kingston has experienced some of the highest home appreciation rates of any community in the nation. Kingston real estate appreciated 154.49% over the last ten years, which is an average annual home appreciation rate of 9.79%, putting Kingston in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kingston definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Kingston that despite a nationwide downturn in the housing market, Kingston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kingston appreciation rates continue to be some of the highest in America, at 17.96%, which is higher than appreciation rates in 98.88% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kingston. Kingston appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.38%.

Relative to New York, our data show that Kingston's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Kingston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kingston - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Kingston real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$399,722

Kingston, NY Home Prices
> $1,614,000
$1,210,001 - $1,614,000
$807,001 - $1,210,000
$646,001 - $807,000
$484,001 - $646,000
$323,001 - $484,000
$161,001 - $323,000
$81,001 - $161,000
$0 - $81,000
1.4%
1.4%
1.0%
1.0%
6.2%
6.2%
4.8%
4.8%
16.9%
16.9%
36.9%
36.9%
29.9%
29.9%
1.8%
1.8%
1.3%
1.3%
0% 100.0%
% of Homes
High

for New york

High

for nation

Number of Homes And Apartments:

9,821

Kingston Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,084 / per month

Homeownership Rate

Owners
Renters
45.9%
45.9%
54.1%
54.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.0%
10.0%
90.0%
90.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
4.7%
4.7%
18.5%
18.5%
25.4%
25.4%
51.4%
51.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
45.2%
45.2%
3.0%
3.0%
29.8%
29.8%
21.9%
21.9%
0.1%
0.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
5.4%
5.4%
20.5%
20.5%
32.9%
32.9%
28.9%
28.9%
9.8%
9.8%
2.5%
2.5%
0% 100.0%
% of Homes