Is Kings County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kings County has remained a Seller's Market.
Housing Prices in Kings County, CA
How much do homes in Kings County, CA cost?
Median Sold Price
$358,850
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kings County was $358,850 in April 2024, up 4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $123.7K | $103.3K | -16.5% |
2 Bedrooms | $230K | $248.9K | +8.2% |
3 Bedrooms | $326K | $345K | +5.8% |
4 Bedrooms | $405.5K | $395K | -2.6% |
5+ Bedrooms | $474.5K | $470K | -0.9% |
Summary: Kings County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.5%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Counties
Monterey County | $803.5K | $844.7K | +5.1% |
Kings County | $345K | $358.8K | +4.0% |
Kern County | $350.1K | $359.6K | +2.7% |
Fresno County | $399.9K | $405.9K | +1.5% |
Housing Supply in Kings County, CA
How many homes are available in Kings County, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
114 | 131 | +14.9% |
Summary: The Kings County real estate market had 131 homes for sale in April 2024, a 14.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 55 | 68 | +23.6% |
4 Bedrooms | 38 | 40 | +5.3% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Kings County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 28 | -3.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Kings County in April 2024, down by 3.4% month-over-month. Of the 28 sold homes, 39% were sold under asking, 29% were sold at asking, and 32% were sold over asking.
Days on Market for Kings County, CA
How long does it take to sell a home in Kings County, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 33 Days | -4.9% |
Summary: Homes in Kings County had an average of 33 days on market in Apr 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Kings County; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.