Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$962,988+5.3% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 11% have cut their price
Income needed to buy, per year$208,756About 2.6× the local median income ($80,696): hard to afford
Days on market60 daysFaster than a year ago: sellers have the edge
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Kings County, NY is worth $962,988, up 5.3% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $997,099, so the area is 3.4% undervalued. It is a balanced market, leaning toward sellers: homes take about 60 days to sell, listings are up 4% from a year ago, 11% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $208,756 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,696. Typical rent is $3,858 a month, or $3,769 for a house. In the latest IRS figures, 41,084 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$962,988
Change in 1 year
+5.3%
Overvalued %
−3.4%
Show 7 more
Fair home value
$997,099
Change in 5 years
+14.7%
Zillow forecast, next 12 months
+2.8%
Home value to income
11.9×
Monthly mortgage payment (20% down)
$5,219
Income needed to afford it
$208,756
Property tax rate
0.70%
Rent and investing
Typical rent
$3,858
Typical rent for houses
$3,769
Price-to-rent ratio
20.8×
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HUD Fair Market Rent, 2 bedrooms
$2,971
Gross rental yield
4.81%
Cap rate (estimate)
3.13%
Market activity
Listings vs a year ago
+4.3%
Days on market
60
Listings with a price cut
11.3%
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Homes for sale
3,224
Pending sales per 100 listings
36
Asking price per sq ft
$755
People and jobs
Median household income
$80,696
Population change (1 year)
−0.2%
Unemployment rate
7.9%
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Population
2,653,963
Income adjusted for cost of living
$71,666
Net moves in (IRS)
−41,084
Cost of living (US = 100)
112.6
Schools, risk and environment
School rating (1 to 10)
6.4
FEMA hazard risk score (0 to 100)
99.3
Unhealthy air days a year
0
Show 4 more
Flood risk score
99.4
Wildfire risk score
38.5
Walkability (1 to 20)
13.7
Road, rail and air noise
52 dB
Questions people ask
Is Kings County, NY overvalued?
Home prices in Kings County, NY are slightly below what local incomes have historically supported: fair value is about $997,099, so the area is 3.4% undervalued.
Is Kings County, NY a buyer's or seller's market?
Kings County, NY is a balanced market, leaning toward sellers: homes take about 60 days to sell, listings are up 4% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Kings County, NY?
Home values in Kings County, NY are up 5.3% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Kings County, NY?
A household needs about $208,756 a year to afford the typical home in Kings County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,696.