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 1,434 people, 514 houses or apartments, and a median cost of homes of $383,127, Kingsley real estate is some of the most expensive in Michigan, although Kingsley home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Kingsley, accounting for 69.16% of the village's housing units. Other types of housing that are prevalent in Kingsley include mobile homes or trailers ( 26.03%), large apartment complexes or high rise apartments ( 3.92%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kingsley. Owner-occupied housing accounts for 70.82% of Kingsley's homes, and 69.70% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kingsley 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 Kingsley built between 2000 and later ( 22.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.47%). There's also some housing in Kingsley built before 1939 ( 8.20%).
In the last 10 years, Kingsley has experienced some of the highest home appreciation rates of any community in the nation. Kingsley real estate appreciated 142.66% over the last ten years, which is an average annual home appreciation rate of 9.27%, putting Kingsley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kingsley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Kingsley that despite a nationwide downturn in the housing market, Kingsley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kingsley appreciation rates continue to be some of the highest in America, at 8.25%, which is higher than appreciation rates in 72.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kingsley. Kingsley appreciation rates in the latest quarter were at 0.88%, which equates to an annual appreciation rate of 3.56%.
Relative to Michigan, our data show that Kingsley's latest annual appreciation rate is higher than 70% of the other cities and towns in Michigan.
$383,127
for Michigan
for nation
514
$1,732 / per month