Kings County, New York Housing Market Prices
Kings County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 107% above the New York median Among the 3 most expensive counties in New York$977,210
-
Median rent 13% above the New York median More expensive than 90% of counties in New York$1,832
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kings County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $977,210 | $471,885 | $248,835 |
| Price Trend (Annual %) | 8.2% | 7.1% | 7.5% |
| Median Gross Rent | $1,832 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kings County is about 107% higher than in New York. Rent is about 13% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Kings County, up about 8.2% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Kings County rose about 50.9% between 2015 and 2024, from $1,214 to $1,832. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 12.1 yearly household incomes in Kings County.
Buying the median-priced home in Kings County costs roughly 44.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Kings County. The price-to-rent ratio in New York is about 24.3.
| Metric | Kings County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $977,210 | $471,885 | $248,835 |
| Median Household Income | $80,565 | $86,556 | $80,455 |
| Price-to-Income Ratio | 12.1 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kings County rose about 91.2%, while median household income rose about 83.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Kings County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 27.0% | 48.8% | 58.5% |
| Rental Rate | 64.7% | 41.1% | 31.2% |
| Vacancy Rate | 8.3% | 10.1% | 10.2% |
| Median Tenure (years) | 16.0 | 17.0 | 15.0 |
| Median Year Moved In | 2010 | 2009 | 2011 |
Kings County has a homeownership rate of 27.0%, lower than the New York average of 48.8%. Its housing vacancy rate is 8.3%, compared with 10.1% in New York.
Housing Stock
| Metric | Kings County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.56 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1952 | 1960 | 1978 |
| Median Number of Rooms | 3.9 | 5.0 | 5.5 |
The typical housing unit in Kings County was built around 1952. On average, 2.6 people live in a home with about 3.9 rooms, staying for about 16.0 years on average.
Kings County, NY Housing Compared With Nearby Counties
Kings County, NY is the largest of the 6 counties compared here, 2,630,245 residents against a local median of 1,403,126. Kings County, NY's median home price, at $977,210, runs 77% above the $552,254 typical of the counties around it.
The counties themselves spread $1,055,685 on median home price, so Kings County, NY sits at one end of an already wide local range rather than apart from it. Kings County, NY has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kings County, NY | 2,630,245 | $977,210 #2/6 | $1,832 #4/6 | 29.5% #4/6 |
| Queens County, NY | 2,320,290 | $678,074 | $1,955 | 44.9% |
| New York County, NY | 1,628,057 | $1,358,349 | $2,197 | 25.1% |
| Hudson County, NJ | 717,070 | $432,092 | $1,892 | 30.7% |
| Richmond County, NY | 494,794 | $552,254 | $1,732 | 67.8% |
| Bronx County, NY | 1,403,126 | $302,664 | $1,457 | 20.1% |
Frequently Asked Questions
Common questions about the housing market in Kings County, New York.
What is the median home price in Kings County, New York?
The median home price in Kings County, New York is $977,210, higher than the New York average of $471,885.
What is the average home price in Kings County, New York?
The typical home price in Kings County, New York, reported as the median sale price, is $977,210. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Kings County, New York?
The median gross rent in Kings County, New York is $1,832 per month, higher than the New York average of $1,621.
What was the median gross rent in Kings County in 2020?
In 2020, the median gross rent in Kings County, New York was $1,482 per month.
What is the price-to-rent ratio in Kings County, New York?
The price-to-rent ratio in Kings County, New York is about 44.4, meaning it would take roughly 44.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Kings County.
Are home prices or rent rising faster in Kings County, New York?
Both home prices and rent are rising in Kings County, up about 8.2% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kings County, New York?
27.0% of households in Kings County, New York own their home, lower than the New York average of 48.8%.
What is the vacancy rate in Kings County, New York?
The housing vacancy rate in Kings County, New York is 8.3%, lower than the New York average of 10.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →