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What income do you need to buy in Kensington, Old?
About $178,000 a year to buy the typical Kensington, Old home, which sells for about $510,000.
- Typical sale price
- $510,000Median of 45 sales in the past 12 months
- Income needed
- $178,000A year, before taxes
- Cash needed up front
- $73,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $3,206 |
|---|---|
| Property tax | $536 |
| Insurance | $213 |
| Mortgage insurance | $191 |
| Total a month | $4,146 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Down 0.1% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $399,900 | 15 |
| Q2 2025 | $507,500 | 26 |
| Q3 2025 | $640,000 | 17 |
| Q4 2025 | $660,000 | 17 |
| Q1 2026 | $415,000 | 13 |
| Q2 2026 | $472,500 | 13 |
| Q3 2026 | $595,000 | 8 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Yorktown $240,000
- Kensington, West $267,000
- Fishtown - Lower Kensington $380,000
Pricier nearby
- East Poplar $675,000
- Northern Liberties $530,000
- West Poplar $694,000
Questions about buying in Kensington, Old
What income do you need to buy a home in Kensington, Old?
About $178,000 a year for the typical Kensington, Old price of $510,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Kensington, Old?
About $73,000 up front at the typical price: 10% down ($51,000), your share of the transfer tax ($11,674) and closing costs ($10,200).
What does a typical home in Kensington, Old cost per month?
A typical Kensington, Old home costs about $4,146 a month all in: principal and interest $3,206, property tax $536, insurance $213, mortgage insurance $191. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 45 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.