Kings County, NY Home Values & Market Trends

The median home price in Kings County, NY is $1,074,407.92. There were 12,149 home sales in Kings County, NY over the past 12 months. The median residential Kings County, NY home value for transactions over the previous year is $686,083.814. The number of current listings in Kings County, NY is 1,191, and the percentage of properties for sale is 1191.00%. The county has 4,471 foreclosures, 28 bank owned properties, 260 headed for auction, and 1,191 properties for sale.

Kings County, NY Real Estate Market Overview

CityMedian Est. Value
Brooklyn

$ 931,600

$ 582/sqft

Housing Market Summary for Kings County, NY

Jul 2023June 2024Change
Median Listing Price$1000K$1M2.80%
Median Sold Price$1.1M$1.1M1.81%
Homes For Sale1,3901,195-14.03%
Homes Sold6,2656,5424.42%
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Kings County, NY

Kings County, NY home values range from $25,369 to $86,355,248. Brooklyn is the priciest city with a median listing home price of $1,050,000, and Brooklyn is most affordable with average house prices of around $1,050,000.

Foreclosure
There is 1 cities within Kings County, NY; within this cities, the median estimated home value for homes in foreclosure ranges from $17,155,369 in Brooklyn to the lowest value of $91,503 in Brooklyn. Foreclosure homes account for 1.00% of properties in Kings County, NY with Brooklyn containing 4471 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.70% of all residential properties in Kings County, NY with Brooklyn containing 4183 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within Kings County, NY; of that cities, the estimated home value for pre-foreclosure homes ranges from $17,155,369 in Brooklyn to the lowest home value of $91,503 in Brooklyn.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Kings County, NY ranges from the highest value of $1,759,000 in Brooklyn to the lowest value of $337,450 in Brooklyn. Bank owned homes and properties account for 0.01% of properties in Kings County, NY. There is 1 cities within Kings County, NY; Brooklyn containing 28 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Brooklyn has 260 auction properties, the highest number of properties going to auction in a single city in the state of Kings County, NY. Auction homes and other auction properties account for 0.11% of all properties in Kings County, NY. There is 1 cities within Kings County, NY; of that cities, the median estimated home value for homes going to auction ranges from $9,343,015 in Brooklyn to the lowest value of $377,044 in Brooklyn.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in Kings County, NY with Brooklyn containing 1191 homes for sale, the highest number of listed properties in a single city. There is 1 cities within Kings County, NY; homes for sale in that cities, have a range of median values from $8,608,028 in Brooklyn to the lowest value of $86,791 in Brooklyn.
    Sold Homes
    The median value for recently sold homes ranges from $27,170,876 in Brooklyn to the lowest price of $62,786 in Brooklyn. There is 1 cities within Kings County, NY. Brooklyn has 6914 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.81% of properties in Kings County, NY.

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      Guide for Kings County, NY

      New York
      Syracuse Property Values Soar from $120k to $167k in Year-Over-Year Surge
      New York
      Albany Real Estate on the Rise: Average Property Values Climb to $250K by May 2024
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      Buffalo Real Estate Values Increase by $200k in 12 Months
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      Surging Property Values, Sales in Syracuse Real Estate Market Signal Potent Seller’s Era For Early 2024
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      Syracuse Property Values Soar from $120k to $167k in Year-Over-Year Surge
      New York|posted 6 June 2024

      The Syracuse real estate market has seen a consistent growth trend, with average property values and sale prices rising significantly over the past year, reflecting robust demand, competitive market conditions, and active transaction volumes.

      Albany Real Estate on the Rise: Average Property Values Climb to $250K by May 2024
      New York|posted 5 June 2024

      Albany, NY real estate market saw growth from June 2023-May 2024 with avg. property value rising from $239,900 to $250,000. Neighboring cities show varying patterns.

      Buffalo Real Estate Values Increase by $200k in 12 Months
      Market Reports|posted 29 April 2024

      The Buffalo, NY real estate market shows promising growth, with increases in both average home values and sales volume. Comparisons with neighboring cities reveal diverse market characteristics, offering varied opportunities for investors and homebuyers.

      Surging Property Values, Sales in Syracuse Real Estate Market Signal Potent Seller’s Era For Early 2024
      Market Reports|posted 4 April 2024

      The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.