As of April 2025, the Kingston, Ontario housing market exhibits several factors that make it an opportune time for prospective homebuyers to consider purchasing property in the area.Rising Home PricesThe median list price for homes in Kingston has been on an upward trajectory. In March 2025, the median list price was $699,450, marking a 2.62% increase from $681,617 in February 2025. This consistent appreciation suggests that purchasing now could be a prudent investment, as property values are expected to continue rising.Favourable Market ConditionsHomes in Kingston are selling relatively quickly, with a median of 25 days on the market as of March 2025, down from 26 days in the previous month. This indicates a healthy demand for properties, which can be advantageous for buyers looking to invest in a vibrant market.Affordability Compared to Provincial AveragesKingston's housing prices remain more affordable than many other regions in Ontario. For instance, the average home price in Ontario was $848,289 as of February 2025. In contrast, Kingston's median home price in March 2025 was $699,450, making it a more economical choice for homebuyers seeking value without compromising on quality of life.Positive Market OutlookThe RE/MAX 2024 Housing Market Outlook report projected a 4.5% increase in average prices for the Kingston real estate market, reaching $652,647, accompanied by a 10% rise in sales activity. This optimistic forecast underscores the potential for continued growth and stability in the Kingston housing market.ConclusionConsidering the current trends of rising home prices, favourable market conditions, relative affordability, and a positive market outlook, now presents a compelling opportunity to invest in a home in Kingston, Ontario. Prospective buyers may benefit from acting promptly to capitalize on these favourable conditions before prices potentially escalate further.