Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 12,613 people, 4,260 houses or apartments, and a median cost of homes of $473,950, Kingsburg real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Kingsburg, accounting for 75.37% of the city's housing units. Other types of housing that are prevalent in Kingsburg include large apartment complexes or high rise apartments ( 13.07%), duplexes, homes converted to apartments or other small apartment buildings ( 5.98%), and a few mobile homes or trailers ( 3.41%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kingsburg. Owner-occupied housing accounts for 70.31% of Kingsburg's homes, and 67.27% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kingsburg built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Kingsburg built between 2000 and later ( 28.47%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.83%). There's also some housing in Kingsburg built before 1939 ( 9.59%).
Real estate appreciation rates in Kingsburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.18% during the period.
Over the last year, Kingsburg appreciation rates have trailed the rest of the nation. In the last twelve months, Kingsburg's appreciation rate has been 2.41%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kingsburg were at 1.59%, which equates to an annual appreciation rate of 6.53%.
Relative to California, our data show that Kingsburg's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
$473,950
for California
for nation
4,260
$2,105 / per month