Kings County, New York Housing Market
In Kings County, New York, the median home value is $905,000, with a median monthly rent of $1,833. This places Kings County at #16 nationally out of 3134 counties by median home value, and #2 within New York.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,077
- Establishments: 73,374
- BLS QCEW, 2025
Housing Supply
- Single-family: 25
- Multi-family: 6,819
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,058,154 (avg $86,899)
- Outflow: 1,072,825 (avg $87,517)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Kings County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 11416 | 399.5 | +5.03% | 2025 |
| 2 | 11224 | 400.4 | +13.32% | 2025 |
| 3 | 11204 | 378.4 | +7.23% | 2025 |
| 4 | 11207 | 538.7 | +10.35% | 2025 |
| 5 | 11212 | 453.8 | +18.11% | 2025 |
| 6 | 11214 | 379.2 | -8.72% | 2025 |
| 7 | 11223 | 394.0 | — | 2025 |
| 8 | 11208 | 451.1 | +11.77% | 2025 |
| 9 | 11226 | 484.7 | — | 2024 |
| 10 | 11230 | 389.6 | +9.10% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Kings County Compares
| Metric | Kings County | New York Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $905,000 | $281,200 | $227,706 |
| Median Gross Rent | $1,833 | $1,168 | $968 |
| Owner Occupancy Rate | 29.5% | 69.3% | 73.3% |
| Price/Rent Ratio | 41.1 | 18.4 | 18.7 |
Market Analysis
The median home value in Kings County is 221.8% above the New York state average and 297.4% above the U.S. national average. The median rent of $1,833/month is 56.9% above the state average.
With a price-to-rent ratio of 41.1, Kings County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Kings County has an owner-occupancy rate of 29.5%, compared to 69.3% in New York and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Maui County | Hawaii | $904,700 | $1,916 |
| Honolulu County | Hawaii | $897,500 | $2,083 |
| Arlington County | Virginia | $895,000 | $2,322 |
| Kauai County | Hawaii | $873,200 | $1,870 |
| Summit County | Colorado | $939,900 | $1,928 |
Other Counties in New York
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Queens County | $723,800 | $1,956 | 44.9% |
| New York County | $1,090,500 | $2,197 | 25.1% |
| Nassau County | $684,700 | $2,252 | 81.9% |
| Richmond County | $675,500 | $1,733 | 67.7% |
| Westchester County | $663,200 | $1,951 | 61.8% |
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).