Kingston, NY—12401
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kingston, NY
As of Oct '25, the median home price in Kingston, NY is $380,000, with a year-over-year change of 2.8%. This indicates that home prices in Kingston, NY are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $380,000 | 2.8% |
| Single Family | $381,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $264,000 | 2.7% |
2 Bed | $318,000 | 2.9% |
3 Bed | $382,000 | 2.1% |
4 Bed | $488,000 | 3.2% |
| 5 Bed | $613,000 | 1.7% |
% of Housing Stock
Rental Trends — Kingston, NY
As of July '25, Rentcast reports the average rent in Kingston, NY is $2,160, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Kingston, NY is studios: $1,300, 1-bedrooms: $1,660, 2-bedrooms: $2,300, 3-bedrooms: $2,700, 4-bedrooms: $10,000. The most common rental property sizes in Kingston, NY are 1-bedroom and 2-bedroom, accounting for 37.3% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,160 |
| Studio Rent | $1,250 | $1,300 |
| 1 Bed Rent | $1,690 | $1,660 |
| 2 Bed Rent | $2,200 | $2,300 |
| 3 Bed Rent | $2,650 | $2,700 |
| 4 Bed Rent | $10,000 | $10,000 |
% of Rental Stock
Property Listings — Kingston, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Kingston, NY is 62. This is a increase of 21.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $432,000 | -14.0% |
Listing Count | 152 | 24.0% |
| Listings as % of Homes | 0.7% | 24.0% |
Days on Market | 62 | 21.0% |
Demographics — Kingston, NY
As of the latest ACS Survey released in 2023, Kingston, NY has a population of 35,100, which has remained stable by -0.8% over the past 5 years. Kingston, NY is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,100 | -0.8% |
% Under 18 | 19.8% | -2.5% |
% Seniors | 19.0% | 6.1% |
% WFH | 14.4% | 161.8% |
% w/ College Degree | 31.9% | 11.9% |
As of the latest ACS Survey released in 2023, Kingston, NY is a predominantly white area, with 68.4% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Kingston, NY is hispanic, making up 14.0% of the population. Foreign-born residents account for 10.7% of the population in Kingston, NY, and this percentage has increased by 1.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.4% | -1.6% |
% Black | 10.6% | -15.9% |
% Hispanic | 14.0% | 10.2% |
% Asian | 2.0% | -13.0% |
% Foreign Born | 10.7% | 1.9% |
Mortgage and Risk — Kingston, NY
According to HUD data as of 2023, there were 491 mortgage originations in Kingston, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Kingston, NY. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 491 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Kingston, NY
As of 2024, the percent of homes in Kingston, NY under the Section 8 program is 26.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Kingston, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,683 |
Total Units Section 8 | 1,683 |
% Rentals under Section 8 | 26.1% |
% Occupied Section 8 | 80.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $1,690 | $1,360 |
| 2 Bedroom | -$420 | $2,200 | $1,780 |
| 3 Bedroom | -$400 | $2,650 | $2,250 |
| 4 Bedroom | -$7,560 | $10,000 | $2,440 |
Affordability — Kingston, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $380,000 |
| Median Household Income | $67,400 |