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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
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%).
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.
$399,722
for New york
for nation
9,821
$2,084 / per month