Kingston, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Kingston, MI Real Estate Data


Kingston Housing Market Information

With 430 people, 152 houses or apartments, and a median cost of homes of $119,144, house prices in Kingston are solidly below the national average.

Single-family detached homes are the single most common housing type in Kingston, accounting for 80.98% of the village's housing units. Other types of housing that are prevalent in Kingston include duplexes, homes converted to apartments or other small apartment buildings ( 10.43%), large apartment complexes or high rise apartments ( 7.98%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kingston. Owner-occupied housing accounts for 69.08% of Kingston's homes, and 55.83% have either three or four bedrooms, which is average sized relative to America.

The housing in Kingston was primarily built before 1939 ( 51.53%), making the housing stock in Kingston some of the oldest overall in America, although there is a range of ages of homes in Kingston. The next most important housing age is between 1940-1969 ( 30.06%), followed by between 1970-1999 ( 16.56%). There's also some housing in Kingston built between 2000 and later ( 1.84%).

Kingston Home Appreciation Rates

Kingston's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Kingston during the period has been just -0.94%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Kingston's appreciation rate, at 4.96%, has been at or slightly above the national average. In the latest quarter, Kingston's appreciation rate has been 1.43%, which annualizes to a rate of 5.84%.

Relative to Michigan, our data show that Kingston's latest annual appreciation rate is higher than 50% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$119,144

Kingston, MI HOME PRICES

Value Range
> $1,173,000 0.8
$879,001 - $1,173,000 0.1
$586,001 - $879,000 0.5
$469,001 - $586,000 1.5
$352,001 - $469,000 2.9
$235,001 - $352,000 7.4
$117,001 - $235,000 37.0
$59,001 - $117,000 37.8
$0 - $59,000 12.0

Average for MI
Low for Nation

Value Relative to Nation Value Relative to State
66.8560051531299 59.6153846153846

Number Of Homes And Apartments:
152

Rent & Ownership

 

Average Market Rent:
$958 / per month

Homeownership Rate

Homeownership
Owners 69.08
Renters 30.92
Vacant 6.75

Housing Market Details

 

Age of Homes

AGE OF Kingston HOMES
2000 or Newer 1.8
1970 - 1999 16.6
1940 - 1969 30.1
1939 or Older 51.5

Types of Homes

TYPE OF Kingston HOMES
Single-Family 81.0
Townhomes 0.6
Small Apt. Buildings 10.4
Apt. Complexes 8.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Kingston HOMES
No Bedroom 0.00
1 Bedroom 5.52
2 Bedrooms 34.36
3 Bedrooms 40.49
4 Bedrooms 15.34
5 or more bedrooms 4.29

Kingston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
0.57% 0.03% 4 1
* 10 is highest

Popular Neighborhoods in Kingston

Zip Codes in Kingston, MI