Kensington

The median sale price in Kensington is $525K. Condos sit at a median of $416K and co-ops at $475K. Sale prices are up 3.8% year over year.

No. The median sale price in Kensington is currently 66.1% below the 5-year high recorded in February 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Kensington have a median of 56 days on market. That is 13 days faster than the same point a year ago. Roughly 14.3% of active listings have recorded a price cut, suggesting some negotiating room.

Kensington is broadly balanced right now, with median days on market at 56 days and 14.3% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Kensington offers both co-ops and condos. The two segments price similarly, with condos at a $416K median and co-ops at $475K.

Roughly 13 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 $2,750/month. Rents are down 5.2% year over year.

Median asking rent in Kensington is currently $350 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 37.8% 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 $1.9M, Midwood at $1.5M, Ditmas Park at $976K, Flatbush at $872K. 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].