Kings County, California Housing Market

In Kings County, California, the median home value is $324,300, with a median monthly rent of $1,331. This places Kings County at #511 nationally out of 3134 counties by median home value, and #52 within California.

Median Home Value $324,300
Median Rent $1,331/mo
Owner Occupancy 54.2%
Price/Rent Ratio 20.3

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Kings County rose +4.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

36,520
jobs (private sector)
  • Avg weekly wage: $1,016
  • Establishments: 5,159
  • BLS QCEW, 2025
🏗️

Housing Supply

507
new units authorized (2025)
  • Single-family: 389
  • Multi-family: 118
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1684
net migration (filers, 2021-2022)
  • Inflow: 52,041 (avg $60,805)
  • Outflow: 50,357 (avg $61,373)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Kings County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 93212 347.5 +10.77% 2025
2 93274 330.8 +5.22% 2025
3 93245 306.0 +4.62% 2025
4 93230 313.4 +4.54% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Kings County Compares

MetricKings CountyCalifornia AverageU.S. Average
Median Home Value $324,300 $609,221 $227,706
Median Gross Rent $1,331 $1,690 $968
Owner Occupancy Rate 54.2% 63.4% 73.3%
Price/Rent Ratio 20.3 28.5 18.7

Market Analysis

The median home value in Kings County is 46.8% below the California state average and 42.4% above the U.S. national average. The median rent of $1,331/month is 21.2% below the state average.

With a price-to-rent ratio of 20.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Kings County has an owner-occupancy rate of 54.2%, compared to 63.4% in California and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Lake County California $324,300 $1,368
Cook County Illinois $324,500 $1,435
Fremont County Colorado $324,000 $1,070
Burleigh County North Dakota $324,000 $998
Tarrant County Texas $323,900 $1,547

Other Counties in California

CountyMedian Home ValueMedian RentOwner Occ.
Lake County $324,300 $1,368 72.2%
Trinity County $325,800 $1,073 71.7%
Tulare County $330,100 $1,280 58.5%
Kern County $338,300 $1,300 60.1%
Imperial County $309,600 $1,056 56.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).