Kings County, NY Home Values & Market Trends

The median home price in Kings County, NY is $1,064,074.24. There were 12,190 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 $686,609.891. The number of current listings in Kings County, NY is 1,155, and the percentage of properties for sale is 1155.00%. The county has 4,702 foreclosures, 19 bank owned properties, 318 headed for auction, and 1,155 properties for sale.

Kings County, NY Real Estate Market Overview

CityMedian Est. Value
Brooklyn

$ 914,100

$ 578/sqft

Housing Market Summary for Kings County, NY

Mar 2023February 2024Change
Median Listing Price$1M$1.1M10.56%
Median Sold Price$1.1M$1.1M3.43%
Homes For Sale1,2471,182-5.21%
Homes Sold6,6016,592-0.14%
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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 $25,761 to $84,121,119. Brooklyn is the priciest city with a median listing home price of $1,075,000, and Brooklyn is most affordable with average house prices of around $1,075,000.

Foreclosure
There is 1 cities within Kings County, NY; within this cities, the median estimated home value for homes in foreclosure ranges from $22,400,260 in Brooklyn to the lowest value of $74,147 in Brooklyn. Foreclosure homes account for 1.00% of properties in Kings County, NY with Brooklyn containing 4702 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.78% of all residential properties in Kings County, NY with Brooklyn containing 4365 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 $22,400,260 in Brooklyn to the lowest home value of $74,147 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 $1,414,000 in Brooklyn to the lowest value of $589,000 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 19 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Brooklyn has 318 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 0.13% 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 $3,100,000 in Brooklyn to the lowest value of $225,293 in Brooklyn.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Kings County, NY with Brooklyn containing 1155 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 $6,900,000 in Brooklyn to the lowest value of $86,587 in Brooklyn.
    Sold Homes
    The median value for recently sold homes ranges from $28,010,513 in Brooklyn to the lowest price of $69,979 in Brooklyn. There is 1 cities within Kings County, NY. Brooklyn has 6323 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.58% of properties in Kings County, NY.

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      Guide for Kings County, NY

      Market Reports
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      New York
      Buffalo Real Estate Market Soars in 2023
      Investment Guides
      Will Downtowns Go From Offices to Apartments?
      See More Articles
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports|posted 13 March 2024

      Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.

      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Will Downtowns Go From Offices to Apartments?
      Investment Guides|posted 15 February 2022

      With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks