Kensington

The median sale price in Kensington is $1.6M. Condos sit at a median of $537K and co-ops at $400K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.

Yes. The median sale price in Kensington sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.

Sale listings in Kensington have a median of 59 days on market. That is 49 days faster than the same point a year ago. Only 5.6% of active listings have a price cut on record, signaling tight pricing.

Kensington is currently tilting toward sellers. Median days on market is 59 days and only 5.6% of active listings have a price cut on record, both indicating firm pricing power.

Kensington offers both co-ops and condos. Condos are the higher-priced segment at a $537K median, with co-ops at $400K.

Roughly 4 homes change hands each month in Kensington across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Kensington is $2,825/month. Live RLS listings show studios at $2,455, 1-bedrooms at $2,850 per month. Rents are up 8.7% year over year.

Median asking rent in Kensington is currently $275 below the 5-year high set in February 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Kensington has risen 57.4% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Kensington, median sale prices range across Borough Park at $1.8M, Midwood at $1.2M, Flatbush at $895K, Ditmas Park at $630K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Kensington is served by the Bus service. The commute to Midtown Manhattan runs roughly 121 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Kensington, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].