Home Values

Kings County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$628,500

  • 5.4% 1-year change
  • 0.6% 1-year forecast

The median home value in Kings County is $628,500. Kings County home values have gone up 5.4% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in Kings County is None. The median rent price in Kings County is $2,500, which is the same as the New York Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Kings County 0.6 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 2.2 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kings County is 18.5%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kings County homeowners underwater on their mortgage is 6.7%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Kings County Market Overview

Data through Apr 30, 2015
  • $628,500 ZHVI
  • 0.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $509,500 Median sale price
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Kings County Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • 172 Average days on Zillow (Mar 31, 2015)
  • 6.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 18.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

0.6 homes Kings County
2.2 homes New York Metro
3.9 homes United States
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Cities in Kings County

Name Median ZHVI
New York $513,500
 
 

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $514 Median sale price / sq ft
  • No data Listings with price cut
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Kings County Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,167 Kings County
    $2,372 New York Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,500 Rent list price
  • $2.61 Rent list price / sq ft
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