Kingston, New York Housing Market Prices
Kingston 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.
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Median home price 36% below the New York median$304,110
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Median rent 9% below the New York median$1,469
Housing Market Overview
| Metric | Kingston | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $304,110 | $471,885 | $248,835 |
| Price Trend (Annual %) | 14.5% | 7.1% | 7.5% |
| Median Gross Rent | $1,469 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kingston is about 36% lower than in New York. Rent is about 9% lower 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 Kingston, up about 14.5% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Kingston rose about 46.1% between 2015 and 2024, from $1,005 to $1,469. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Kingston.
Buying the median-priced home in Kingston costs roughly 17.3 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Kingston. The price-to-rent ratio in New York is about 24.3.
| Metric | Kingston | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $304,110 | $471,885 | $248,835 |
| Median Household Income | $69,079 | $86,556 | $80,455 |
| Price-to-Income Ratio | 4.4 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kingston rose about 133.9%, while median household income rose about 42.2% 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 | Kingston | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 43.3% | 48.8% | 58.5% |
| Rental Rate | 46.0% | 41.1% | 31.2% |
| Vacancy Rate | 10.7% | 10.1% | 10.2% |
| Median Tenure (years) | 13.0 | 17.0 | 15.0 |
| Median Year Moved In | 2013 | 2009 | 2011 |
Kingston has a homeownership rate of 43.3%, lower than the New York average of 48.8%. Its housing vacancy rate is 10.7%, compared with 10.1% in New York.
Housing Stock
| Metric | Kingston | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1944 | 1960 | 1978 |
| Median Number of Rooms | 4.8 | 5.0 | 5.5 |
The typical housing unit in Kingston was built around 1944. On average, 2.3 people live in a home with about 4.8 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Kingston, New York.
What is the median home price in Kingston, New York?
The median home price in Kingston, New York is $304,110, lower than the New York average of $471,885.
What is the average home price in Kingston, New York?
The typical home price in Kingston, New York, reported as the median sale price, is $304,110. 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 Kingston, New York?
The median gross rent in Kingston, New York is $1,469 per month, lower than the New York average of $1,621.
What was the median gross rent in Kingston in 2020?
In 2020, the median gross rent in Kingston, New York was $1,087 per month.
What is the price-to-rent ratio in Kingston, New York?
The price-to-rent ratio in Kingston, New York is about 17.3, meaning it would take roughly 17.3 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Kingston.
Are home prices or rent rising faster in Kingston, New York?
Both home prices and rent are rising in Kingston, up about 14.5% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kingston, New York?
43.3% of households in Kingston, New York own their home, lower than the New York average of 48.8%.
What is the vacancy rate in Kingston, New York?
The housing vacancy rate in Kingston, New York is 10.7%, higher than the New York average of 10.1%.
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