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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 13,476, 5,857 total housing units (homes and apartments), and a median house value of $173,454, 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 49.92% 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 ( 22.39%), row houses and other attached homes ( 15.42%), and a few large apartment complexes or high rise apartments ( 12.22%).
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 50.97% owning and 49.03% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Kingston's housing was primarily built during this period, from the '40s through the '60s. A full 36.91% of the borough's housing hails from this era. Other housing ages represented in Kingston include homes built before 1939 ( 34.48%) and housing constructed between 1970-1999 ( 26.87%). There's also some housing in Kingston built between 2000 and later ( 1.74%).
Real estate appreciation rates in Kingston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.40% during the period.
Appreciation rates are so strong in Kingston that despite a nationwide downturn in the housing market, Kingston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kingston appreciation rates continue to be some of the highest in America, at 4.84%, which is higher than appreciation rates in 72.83% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kingston. Kingston appreciation rates in the latest quarter were at 1.96%, which equates to an annual appreciation rate of 8.06%.
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 80% 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.
$173,454
for Pennsylvania
for nation
5,857
$1,660 / per month