Kensington Housing Market Report May 2025•Kings County, New York

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Housing Prices in Kensington, NY

How much do homes in Kensington, NY cost?

Housing Market Conditions

Is Kensington, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Kensington is a Buyer's Market

Difference Since May 2024

Since last year, Kensington has remained a Buyer's Market.

Insight

Kensington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$540,000$587/SqFt
-$65,000
-10.7%

Based on all homes sold in the last 12 months

Insight

Homes in Kensington have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in Kensington was $540,000 in May 2025, down 10.7% from last year, and the median price per square foot was $587.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Ditmas Park
+19.6%
Windsor Terrace
-9.4%
Kensington
-10.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$407.5K$443.5K
+8.8%
2$690K$625K
-9.4%
3$1.1M$770K
-31.3%
4$995K$1.3M
+36.7%
5$1.3M$1.8M
+36.4%

Summary: Kensington housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.8%. The home price for 2 bedroom homes decreased by -9.4%. The home price for 3 bedroom homes decreased by -31.3%. The home price for 4 bedroom homes increased by +36.7%. The home price for 5 bedroom homes increased by +36.4%.

How does Kensington, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Kensington, NY

Housing supply in Kensington, NY

How many homes are available in Kensington, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
107Last MonthMay 2025
1092 months agoApr 2025
-1.8 %
Change MoMApr – May

Summary: The Kensington real estate market had 107 homes for sale in May 2025, a 1.8 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthMay 2025
102 months agoApr 2025
+20.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
15042
-16.0%
24043
+7.5%
3109
-10.0%
454
-20.0%
549
+125.0%

Summary: Kensington housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -16.0%. The inventory for 2 bedroom homes increased by +7.5%. The inventory for 3 bedroom homes decreased by -10.0%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes increased by +125.0%.

Asking Price vs. Sold Price

How much do homes in Kensington, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price8 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Kensington, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Kensington in May 2025, up by 20.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 67% were sold at asking, and and 17% were sold over asking.

Days on Market for Kensington, NY

How long does it take to sell a home in Kensington, NY?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days2 Homes

Over 90 Days8 Homes

Insight

Most homes in Kensington are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2025, 12 homes were sold in Kensington; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
168 DaysThis YearMay 2025
105 Days1 year agoMay 2024
+59.0 %
Change YoYMay 2024 – May 2025

Summary: Homes in Kensington had an average listing age of 168 days in May 2025, up by 59.0% compared to the previous year.

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Newest Listings in Kensington, NY

What homes are available in Kensington, NY?

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Based on information from Real Estate Board of New York, Brooklyn MLS, and OneKey MLS for the period 06/01/2023 - 06/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 6/24/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/24/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/24/2025, 11:41:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.