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Sarah Mitchell

CNESRESABR

Compass Real Estate · New Kensington, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Kensington, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Kensington, PA Housing Market & Real Estate

Leaning buyer's+20.0% YoY

Housing market overview · Updated monthly ·

$160,000median sale price

How is the New Kensington, PA housing market right now?

The median home sale price in New Kensington, PA is $160,000, up 20.0% year-over-year. Homes sell in an average of 48 days with 59 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is New Kensington a buyer's or seller's market?

Leaning buyer's6.6 months of supply48 avg. days on market

New Kensington, PA is currently a leaning buyer's, based on 6.6 months of supply and homes selling in about 48 days. How we determine this →

Homes sold

9

Last 12 weeks

Days on market

48

Average pace

Active listings

59

6.6 months supply

Sale-to-list

96.5%

Below asking

What does the New Kensington housing market data show?

Current housing market statistics for New Kensington, PA
MetricValue
Median sale price$160,000
Median list price$145,000
Year-over-year price change+20.0%
Average days on market48 days
Active inventory59 listings
Months of supply6.6 months
Sale-to-list price ratio96.5%
Median price per sq ft$124/sq ft
Homes sold (latest month)9
New listings (latest month)17
Listings with a price cut30.5%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in New Kensington by property type?

How the New Kensington, PA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Kensington, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$153,025$124/sq ft842 days
Condo / Co-op$139,000198 days
Townhouse$195,000$135/sq ft138 days

Source: Redfin · Updated monthly

The New Kensington housing market is currently classified as a leaning buyer's with a median sale price of $160,000. Prices have risen 20.0% compared to last year, with homes spending an average of 48 days on market, indicating 6.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.

Homes for sale in New Kensington

There are currently 59 homes listed for sale in New Kensington, Pennsylvania. The median listing price is $145K.

Active listings

59

Homes on market

Median list price

$145K

Avg. days on market

48

Days until sale

New this week

17

Newly listed

Price drops:30.5%of listings
Sale-to-list:96.5%

Who lives in New Kensington?

Population

12,072

Median income

$49,644/yr

Median age

49.5 years

Owner-occupied

59.6%

College grads

20.1%

Avg commute

25 min

Source: U.S. Census Bureau ACS

What are homes worth in New Kensington?

Zillow home value

$177,906

Zillow rent index

$1,011/mo

Price-to-rent ratio

14.7x

Price-to-income

3.6x

Source: Zillow Research

What is it like to live in New Kensington?

New Kensington is a community of approximately 12K residents with a median age of 49.5 years.The median household income is $49,644, which represents a working-class community with solid middle-income opportunities. 20.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 59.6%, showing a blend of owner and renter-occupied properties. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Kensington offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve New Kensington?

3 schools tracked · 1,056 students

The largest public schools serving New Kensington, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Valley JSHS

Grades 7-12 · 885 students

Public

Martin Sch

Grades PK-K · 165 students

Public

Northern Westmoreland Career & Technology Center

Grades 9-12 · 6 students

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near New Kensington, PA?

Want a head-to-head view? Compare New Kensington side-by-side with any other U.S. city using our market-comparison tool.

Is New Kensington a good real estate investment market?

For investors evaluating New Kensington, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 20.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on New Kensington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using New Kensington's median home price.

Frequently asked questions

What is the average home price in New Kensington?

The median home sale price in New Kensington is $160,000, up 20.0% from last year.

How long do homes stay on market in New Kensington?

Homes typically spend 48 days on market before going under contract.

What is the median income in New Kensington?

The median household income is $49,644 per year.

Is New Kensington a buyer's or seller's market?

With 6.6 months of supply, New Kensington is currently a leaning buyer's.

What is the Zillow home value estimate for New Kensington?

The Zillow Home Value Index (ZHVI) for New Kensington is $177,906, representing the typical home value in the area.

What is the median condo price in New Kensington?

The median condo/co-op sale price in New Kensington, PA is $139,000, compared to $153,025 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in New Kensington?

The median single-family home price in New Kensington, PA is $153,025 (about $124 per square foot).

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