Is King City, CA 93930 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

King City is a seller’s market. With about 1.7 months of supply and 53% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score76/ 100

More competitive than 81% of U.S. ZIP codes, and #244 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list53.3%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$357▲ +4.4% vs. last year

The King City housing market right now

In the three months ending August 31, 2026, 53% of homes in King City, CA 93930 sold above their list price, the typical home went under contract in 25 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold faster (47 days then) and the median sale price held steady to $538,767. Overall, King City is more competitive than a year ago, so tougher for buyers.

Within Monterey County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, King City ranks #244 of 1,069 CA ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Castroville 95012 (0% sold over asking) or Carmel By The Sea 93921 (0% sold over asking).

Nearby markets

Aromas 95004Seller’s market $600 /sq ftBig Sur 93920Buyer’s market $3,679 /sq ftBradley 93426Buyer’s market $333 /sq ftCarmel 93923Balanced $1,111 /sq ft Browse all markets →

Where King City is

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Questions about King City real estate

Is King City a buyer’s or seller’s market?

A seller’s market: there were 1.7 months of supply in King City, CA 93930 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in King City?

The typical home went under contract in 25 days in the latest three months.

Do homes in King City sell over asking?

53% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in King City?

About 1.15% of a home’s value a year in Monterey County, or roughly $4,600 on a $400,000 home.

What is the median home price in King City?

The median sale price was $538,767 in the three months ending August 31, 2026, about $357 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