Is Kingsburg, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kingsburg was a Neutral Market.
Key Takeaway
Kingsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kingsburg, CA
How much do homes in Kingsburg, CA cost?
Median Sold Price
$475,358
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kingsburg have sold for 3% less than they did a year ago.
Summary: The median home sold price in Kingsburg was $475,358 in April 2024, down 3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239K | N/A |
| 2 Bedrooms | $325K | $320K | -1.5% |
| 3 Bedrooms | $451K | $467.9K | +3.8% |
| 4 Bedrooms | $530K | $533.8K | +0.7% |
| 5+ Bedrooms | $624.9K | $780K | +24.8% |
Summary: Kingsburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 24.8%.
Median Sold Price Compared To Nearby Cities
| Kingsburg | $490K | $475.3K | -3.0% |
| Kingsburg | $491K | $475.3K | -3.2% |
Housing Supply in Kingsburg, CA
How many homes are available in Kingsburg, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Summary: The Kingsburg real estate market had 23 homes for sale in April 2024, a 25.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Kingsburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 4 | -69.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingsburg, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Kingsburg in April 2024, down by 69.2% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Kingsburg, CA
How long does it take to sell a home in Kingsburg, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 13 Days | -22.1% |
Summary: Homes in Kingsburg had an average of 13 days on market in Apr 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kingsburg are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Kingsburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.