Is Kingston, NJ 08528 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Kingston is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works

Months of supply—Under 4 months = seller’s market
Sold above original list66.6%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$388▼ −16.9% vs. last year

The Kingston housing market right now

In the three months ending August 31, 2026, 67% of homes in Kingston, NJ 08528 sold above their list price and the typical home went under contract in 20 days. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (89 days then) and the median sale price rose 34% to $589,745. Overall, Kingston is more competitive than a year ago, so tougher for buyers.

Within Somerset County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 73%.

Nearby, buyers who want less competition could look at Warren 07059 (39% sold over asking) or Watchung 07069 (46% sold over asking), while Bedminster 07921 (80% sold over asking) and Raritan 08869 (79% sold over asking) are even more competitive.

Nearby markets

Basking Ridge 07920Seller’s market $439 /sq ftBedminster 07921Seller’s market $456 /sq ftBelle Mead 08502Seller’s market $384 /sq ftBernardsville 07924Seller’s market $472 /sq ft Browse all markets →

Where Kingston is

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Questions about Kingston real estate

How fast do homes sell in Kingston?

The typical home went under contract in 20 days in the latest three months.

Do homes in Kingston sell over asking?

67% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.

What are property taxes in Kingston?

About 2.03% of a home’s value a year in Somerset County, where towns range from 1.23% to 2.65%, or roughly $8,120 on a $400,000 home.

What is the median home price in Kingston?

The median sale price was $589,745 in the three months ending August 31, 2026, about $388 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology