Kingston, WA—98346
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Kingston, WA
Home Price Trends — Kingston, WA
As of Oct '25, the median home price in Kingston, WA is $651,000, with a year-over-year change of 1.3%. This indicates that home prices in Kingston, WA are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $651,000 | 1.3% |
| Single Family | $669,000 | 1.2% |
| Condos | $351,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $551,000 | -0.5% |
2 Bed | $591,000 | 0.9% |
3 Bed | $637,000 | 1.4% |
4 Bed | $834,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kingston, WA
As of July '25, Rentcast reports the average rent in Kingston, WA is $2,630, with a year-over-year rent change of 20.1%. Per bedroom, the median rent as of July '25 in Kingston, WA is 1-bedrooms: $1,800, 2-bedrooms: $1,700, 3-bedrooms: $2,760, 4-bedrooms: $4,720. The most common rental property sizes in Kingston, WA are 2-bedroom and 3-bedroom, accounting for 50.9% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,650 | $1,800 |
| 2 Bed Rent | $1,700 | $1,700 |
| 3 Bed Rent | $2,650 | $2,760 |
| 4 Bed Rent | $4,720 | $4,720 |
% of Rental Stock
Property Listings — Kingston, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Kingston, WA is 72. This is a increase of 24.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $857,000 | 3.0% |
Listing Count | 49 | -22.0% |
| Listings as % of Homes | 0.8% | -22.0% |
Days on Market | 72 | 24.0% |
Demographics — Kingston, WA
As of the latest ACS Survey released in 2023, Kingston, WA has a population of 9,340, which has decreased by -7.6% over the past 5 years. Kingston, WA is a less popular place for families, as children make up 14.3% of the population. The area has a highly educated workforce, with 46.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,340 | -7.6% |
% Under 18 | 14.3% | -24.3% |
% Seniors | 29.9% | 45.1% |
% WFH | 15.5% | 58.2% |
% w/ College Degree | 46.2% | 37.5% |
As of the latest ACS Survey released in 2023, Kingston, WA is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Kingston, WA is hispanic, making up 4.9% of the population. Foreign-born residents account for 5.9% of the population in Kingston, WA, and this percentage has increased by 55.3% 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 | 77.9% | -1.9% |
% Black | 0.7% | 250.0% |
% Hispanic | 4.9% | 4.3% |
% Asian | 2.1% | 0.0% |
% Foreign Born | 5.9% | 55.3% |
Mortgage and Risk — Kingston, WA
According to HUD data as of 2023, there were 264 mortgage originations in Kingston, WA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Kingston, WA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 264 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Kingston, WA
As of 2024, the percent of homes in Kingston, WA under the Section 8 program is 3.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Kingston, WA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,650 | $1,520 |
| 2 Bedroom | $290 | $1,700 | $1,990 |
| 3 Bedroom | -$50 | $2,650 | $2,600 |
| 4 Bedroom | -$1,730 | $4,720 | $2,990 |
Affordability — Kingston, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $651,000 |
| Median Household Income | $111,000 |