Kingston, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Kingston Neighborhoods Since 2000




Kingston, PA 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 12,941 people, 5,889 houses or apartments, and a median cost of homes of $123,774, 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 48.13% of the borough's housing units. Other types of housing that are prevalent in Kingston include duplexes, homes converted to apartments or other small apartment buildings ( 19.46%), large apartment complexes or high rise apartments ( 16.81%), and a few row houses and other attached homes ( 15.49%).

The most prevalent building size and type in Kingston are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 47.44% owning and 52.56% renting.

The housing in Kingston was primarily built before 1939 ( 39.00%), 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 ( 36.33%), followed by between 1970-1999 ( 23.08%). There's also some housing in Kingston built between 2000 and later ( 1.59%).

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 -1.41%, which is lower than 80% 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 2.69%, 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 2.13%, which equates to an annual appreciation rate of 8.80%.

Importantly, this makes Kingston one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

Relative to Pennsylvania, our data show that Kingston's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Kingston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kingston - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Kingston real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$123,774

Kingston, PA HOME PRICES

Value Range
> $975,000 0.6
$732,001 - $975,000 0.2
$488,001 - $732,000 1.1
$390,001 - $488,000 0.8
$293,001 - $390,000 3.0
$195,001 - $293,000 13.0
$98,001 - $195,000 48.9
$49,001 - $98,000 27.2
$0 - $49,000 5.2

Average for PA
Low for Nation

Value Relative to Nation Value Relative to State
63.2778624165006 59.6135265700483

Number Of Homes And Apartments:
5,889

Kingston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
15.60% 0.84% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$956 / per month

Homeownership Rate

Homeownership
Owners 47.44
Renters 52.56
Vacant 9.76

Housing Market Details

 

Age of Homes

AGE OF Kingston HOMES
2000 or Newer 1.6
1970 - 1999 23.1
1940 - 1969 36.3
1939 or Older 39.0

Types of Homes

TYPE OF Kingston HOMES
Single-Family 48.1
Townhomes 15.5
Small Apt. Buildings 19.5
Apt. Complexes 16.8
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Kingston HOMES
No Bedroom 2.51
1 Bedroom 17.84
2 Bedrooms 20.95
3 Bedrooms 40.07
4 Bedrooms 14.07
5 or more bedrooms 4.57