Kingston, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Kingston, MI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Kingston Housing Market Information

With 430 people, 160 houses or apartments, and a median cost of homes of $109,585, 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 80.23% 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 ( 10.17%), large apartment complexes or high rise apartments ( 8.47%), and a few row houses and other attached homes ( 1.13%).

The most prevalent building size and type in Kingston are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 63.75% owning and 36.25% renting.

The housing in Kingston was primarily built before 1939 ( 51.41%), 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 ( 24.86%), followed by between 1970-1999 ( 22.03%). There's also some housing in Kingston built between 2000 and later ( 1.69%).

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 -1.24%, which is lower than 70% of US communities.

Over the last year, Kingston appreciation rates have trailed the rest of the nation. In the last twelve months, Kingston's appreciation rate has been 0.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kingston were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Michigan, our data show that Kingston's latest annual appreciation rate is lower than 80% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$109,585

Kingston, MI HOME PRICES

Value Range
> $1,097,000 0.0
$823,001 - $1,097,000 0.1
$549,001 - $823,000 0.7
$439,001 - $549,000 1.9
$329,001 - $439,000 2.3
$219,001 - $329,000 9.7
$110,001 - $219,000 35.6
$55,001 - $110,000 36.8
$0 - $55,000 12.9

Low for MI
Low for Nation

Value Relative to Nation Value Relative to State
71.6570959803117 66.9871794871795

Number Of Homes And Apartments:
160

Kingston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
1.34% 0.08% 4 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$889 / per month

Homeownership Rate

Homeownership
Owners 63.75
Renters 36.25
Vacant 9.60

Housing Market Details

 

Age of Homes

AGE OF Kingston HOMES
2000 or Newer 1.7
1970 - 1999 22.0
1940 - 1969 24.9
1939 or Older 51.4

Types of Homes

TYPE OF Kingston HOMES
Single-Family 80.2
Townhomes 1.1
Small Apt. Buildings 10.2
Apt. Complexes 8.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Kingston HOMES
No Bedroom 0.00
1 Bedroom 7.34
2 Bedrooms 28.25
3 Bedrooms 45.76
4 Bedrooms 16.95
5 or more bedrooms 1.69

Popular Neighborhoods in Kingston

Zip Codes in Kingston, MI