King City Housing Market Report – May 2026
Here's a look at how the King City, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 29
- Median Sale Price: $603,000
- Average Sale Price: $579,243
- Average Price Per Sq Ft: $366
- Average Days on Market: 115
- Sale-to-List Price Ratio: 93.2%
Month-Over-Month Trends
Compared to April, the median sale price in King City moved 2.2% up (from $589,900 to $603,000). The number of homes sold was 123.1% up compared to the prior month (13 vs. 29). Average days on market shifted 27.2% down (158 days to 115 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 5.8% up (from $570,000 to $603,000). Sales volume is 163.6% up year-over-year.
What This Means
King City's real estate market is showing genuine momentum heading into summer, though the impressive sales volume jump likely reflects improved data collection rather than a sudden buying frenzy. The more telling story is in the price trends and market velocity: the median price has climbed 5.8 percent year-over-year to $603,000, while homes are now spending 27 percent less time on the market compared to April. That 115-day average is still relatively slow, but the direction matters, and it suggests buyers are becoming more active as we enter the warmer months.
What's particularly interesting is the gap between what sellers are asking and what they're actually getting. Active listings carry a median asking price of $634,250, yet homes are selling at a 93.2 percent ratio to list price. This disconnect suggests some price correction is happening—sellers may have overstated their asking prices, or the market is simply disciplining unrealistic expectations. Combined with the fact that active inventory sits at just 28 listings, there's enough supply to prevent a sellers' feeding frenzy, even with improved buyer activity.
Overall, King City appears to be settling into a more balanced rhythm after what may have been a sluggish spring. Prices are climbing modestly, homes are moving faster, and the market isn't overheated—a fairly healthy position for a smaller agricultural community in California's Central Valley.
King City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93930 | 29 | $603,000 | $366 | 115 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 14 | $572,976 | $384 |
| LAND | 12 | $699,250 | N/A |
| MOBILE | 1 | $125,000 | $87 |
| MULTI_FAMILY | 1 | $860,000 | $311 |
| TOWNHOMES | 1 | $430,000 | $441 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 3 |
| $100K - $199K | 1 |
| $400K - $499K | 2 |
| $500K - $749K | 15 |
| $750K+ | 8 |
Current Active Listings
As of this report, there are 28 active listings in King City with a median asking price of $634,250 and an average of 214 days on market.
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