King City Housing Market Report – July 2026
Here's a look at how the King City, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 7
- Median Sale Price: $510,000
- Average Sale Price: $407,500
- Average Price Per Sq Ft: $380
- Average Days on Market: 74
- Sale-to-List Price Ratio: 94.1%
Month-Over-Month Trends
Compared to June, the median sale price in King City moved 6.6% down (from $545,976 to $510,000). The number of homes sold was 30.0% down compared to the prior month (10 vs. 7). Average days on market shifted 50.0% down (148 days to 74 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 7.1% down (from $549,000 to $510,000). Sales volume is 53.3% down year-over-year.
What This Means
King City's housing market is cooling noticeably as we move through summer 2026. With only seven homes sold in July, this represents a significant slowdown compared to June, though it's worth noting that earlier data collection issues make year-over-year volume comparisons less reliable. More telling is the steady downward pressure on prices: the median has dropped 6.6% month-over-month and 7.1% year-over-year, suggesting sellers are adjusting expectations in response to softening demand. The encouraging news is that homes are moving faster—days on market dropped dramatically from 148 to 74 days—indicating that fairly priced inventory is still finding buyers relatively quickly.
What's concerning is the growing disconnect between buyer and seller expectations. The 31 active listings show a median asking price of $610,000, yet homes are actually selling at a 94.1% of list price in the mid-$500,000s. Those active listings are sitting much longer (averaging 223 days), suggesting many sellers haven't yet adjusted to current market conditions. For buyers, this presents opportunity; for sellers, the message is clear: overpricing will result in extended holding periods. King City remains a buyer's market, with inventory-to-sales ratios indicating ample selection for those ready to make a move.
King City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93930 | 7 | $510,000 | $380 | 74 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 5 | $525,000 | $380 |
| LAND | 2 | $125,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $200K - $299K | 1 |
| $500K - $749K | 5 |
Current Active Listings
As of this report, there are 31 active listings in King City with a median asking price of $610,000 and an average of 223 days on market.
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