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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



King City, OR Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

King City, OR Housing Market Trends

With a population of 5,040, 2,696 total housing units (homes and apartments), and a median house value of $477,225, King City real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in King City, accounting for 56.86% of the city's housing units. Other types of housing that are prevalent in King City include large apartment complexes or high rise apartments ( 20.38%), row houses and other attached homes ( 15.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.57%).

Dwellings in King City tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 64.80% of the homes in King City have two or fewer bedrooms.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. King City's housing was primarily built during this period, from the '40s through the '60s. A full 39.99% of the city's housing hails from this era. Other housing ages represented in King City include homes built between 1970-1999 ( 31.72%) and housing constructed between 2000 and later ( 27.70%).

King City Home Appreciation Rates

Real estate appreciation rates in King City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.87% during the period.

Over the last year, King City appreciation rates have trailed the rest of the nation. In the last twelve months, King City's appreciation rate has been -0.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in King City were at 2.13%, which equates to an annual appreciation rate of 8.81%.

Relative to Oregon, our data show that King City's latest annual appreciation rate is lower than 80% of the other cities and towns in Oregon.

Average Home Values

Median Home Value

$477,225

King City, OR Home Prices
> $1,357,000
$1,018,001 - $1,357,000
$679,001 - $1,018,000
$543,001 - $679,000
$407,001 - $543,000
$271,001 - $407,000
$136,001 - $271,000
$68,001 - $136,000
$0 - $68,000
1.7%
1.7%
3.0%
3.0%
29.5%
29.5%
17.9%
17.9%
26.0%
26.0%
8.7%
8.7%
4.0%
4.0%
5.6%
5.6%
3.7%
3.7%
0% 100.0%
% of Homes
Average

for Oregon

High

for nation

Number of Homes And Apartments:

2,696

King City Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,592 / per month

Homeownership Rate

Owners
Renters
77.3%
77.3%
22.7%
22.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.4%
1.4%
98.6%
98.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
27.7%
27.7%
31.7%
31.7%
40.0%
40.0%
0.6%
0.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
56.9%
56.9%
15.7%
15.7%
4.6%
4.6%
20.4%
20.4%
2.5%
2.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.5%
2.5%
11.5%
11.5%
50.8%
50.8%
22.7%
22.7%
10.2%
10.2%
2.3%
2.3%
0% 100.0%
% of Homes

Popular Neighborhoods in King City

Zip Codes in King City, OR