Kensington Home Prices & Values

$133,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.4% 1-year change
  • 1.3% 1-year forecast

Market Temperature: Very HotWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Kensington is $133,000. Kensington home values have gone up 4.4% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in Kensington is $166, which is higher than the Philadelphia average of $113. The median price of homes currently listed in Kensington is $195,000 while the median price of homes that sold is $180,150. The median rent price in Kensington is $1,200, which is lower than the Philadelphia median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Kensington 10.5 homes are foreclosed (per 10,000). This is lower than the Philadelphia value of 13.0 and also greater than the national value of 4.3

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Relative ZHVI
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Kensington Market Overview

Data through Aug 31, 2014
  • $133,000 ZHVI
  • 1.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $195,000 Median listing price
  • $180,150 Median sale price
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Kensington Market Health

Data through Aug 31, 2014
  • 3.6/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

10.5 homes Kensington
13 homes Philadelphia
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Fishtown $236,400 Poplar-Ludlow-Yorktowne $167,600 Richmond $73,000
Juniata Park-Feltonville $68,400 West Kensington $61,100 Hartranft $47,600
Hunting Park $43,200 Fairhill $41,300 Harrowgate $40,700

Listings & Sales

Data through Aug 31, 2014
  • $166 Median list price / sq ft
  • $166 Median sale price / sq ft
  • 45.4% Listings with price cut
6.5%
Sold below listing
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Kensington Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,185 Kensington
$1,161 Philadelphia
$1,328 United States
  • 1.4 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,200 Rent list price
  • No data Rent list price / sq ft
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