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The Kingston real estate market — Aug 2026

At a glance
Reference price (Aug 2026)
$550,100 (+0.2%)
Average price
$612,691 (+2.7%)
Market conditions
Balanced market · 5.8 months
Sales (Aug 2026)
239 transactions (+0%)

Kingston sits where Lake Ontario narrows into the St. Lawrence, a limestone city that was briefly Canada's capital and has since built its economy on three steady employers: Queen's University, a cluster of hospitals and the federal correctional and military presence. Those are recession-resistant payrolls that do not swing with the business cycle the way manufacturing or resource towns do.

In August 2026, the MLS® benchmark price in Kingston stood at $550,100, up 0.2% year over year. The average price, all property types combined, was $612,691 (+2.7% year over year). There were 239 sales during the month, the same as a year earlier. With 5.8 months of inventory, the market is balanced by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: Kingston and Area Real Estate Association (KAREA), August 2026.

The gap between the benchmark and the average is worth understanding before reading either as the price of a house here. The benchmark tracks a typical property from month to month; the average simply divides total dollar volume by the number of sales, so a handful of waterfront or historic-district transactions pulls it well above what a typical buyer pays. When the two diverge, the benchmark is the better guide for budgeting and the average is the better guide to how varied the local stock is.

One caveat about geography: these figures cover the entire jurisdiction of the Kingston and Area Real Estate Association, not the city limits. The association publishes no municipal breakdown, and Payotte does not manufacture one, so treat the numbers as an area gauge rather than a Kingston-proper measurement.

How Payotte selects

For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.

Frequently asked questions

Is Kingston a buyer's or seller's market right now?

With 5.8 months of inventory, the market is balanced by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: Kingston and Area Real Estate Association (KAREA), August 2026.

How much does a home cost in Kingston in 2026?

In August 2026, the MLS® benchmark price in Kingston stood at $550,100, up 0.2% year over year. The average price, all property types combined, was $612,691 (+2.7% year over year). Source: Kingston and Area Real Estate Association (KAREA), August 2026.

Why is the average price so much higher than the benchmark?

Because they measure different things. The benchmark follows a consistent typical property, while the average divides total dollar volume by the number of sales — so a few expensive waterfront or historic-district transactions move it a lot. A wide gap between the two is a sign of a market with a broad range of housing stock rather than of any distortion.

Do these figures cover the city of Kingston only?

No. They cover the whole jurisdiction of the Kingston and Area Real Estate Association, which extends beyond the city limits. The association publishes no municipal breakdown, so Payotte presents the area figure and says so rather than estimating a city-only number.

How stable have Kingston prices been over the past year?

In August 2026, the MLS® benchmark price in Kingston stood at $550,100, up 0.2% year over year. The average price, all property types combined, was $612,691 (+2.7% year over year). Source: Kingston and Area Real Estate Association (KAREA), August 2026.

Source : Kingston and Area Real Estate Association (KAREA) · Ensemble de la juridiction de la chambre (MLS® System of the Kingston and Area Real Estate Association) — pas uniquement la ville de Kingston ; aucune ventilation municipale publiée. · 2026-08 — figures updated with each board release.

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