One of the least-restricted villages of Citrus Hills — full one-acre wooded homesites with no mandatory HOA and no deed restrictions, on private well & septic
Prepared October 1, 2026 · Resale single-family homes
BALANCED MARKET
4.6 months of homes for sale — balanced, and every listing on the shelf has already cut its price.
$402,500 · $215/sq ft
What a typical existing home costs today
97%
Of original ask is what sellers got — the typical home sold $14,450 under its first price
−2.3%
Resale value per sq ft off its 2025 peak — near its high, holding value
The Bottom Line
Kensington Estates has moved from a seller’s market in August to balanced, with about 4.6 months of inventory — five homes for sale, none under contract, and all five have cut price. Recent buyers paid a median of 97% of original ask, and the overpriced listings are leverage — over the long run, homes that started too high sat a median of 86 days and still sold about $40,000 under their first price. On value per square foot, resale value is about 2.3% below its 2025 peak (still up about 37% since 2021). We’ll judge every home on price per square foot before we write.
Prepared October 1, 2026 Single-family homes 109 listings analyzed · 2021–2026
BALANCED MARKET
With about 4.6 months of homes for sale, Kensington Estates is balanced — all 5 homes for sale have already cut their price, and none is under contract. Recent buyers paid a median of 97% of original ask, and value per square foot is just off its 2025 peak. Your leverage lives on the listings that have sat — and today that is every one of them.
$402,500.00
Median resale price last 12 months
$214.87
Resale price paid per living sq ft (12 mo.)
38 days
Median time on market before going under contract
97%
Of original asking price — what sellers actually got
$14,450.00
Median drop from first asking price to sold price
5 / 0 / 12
For sale now / under contract / homes sold in 12 months
What’s Really Happening Here
Kensington Estates is one of the large-lot “estate” villages on the original Citrus Hills side, prized for what it doesn’t have — no mandatory HOA, no deed restrictions, and full one-acre wooded homesites on well & septic, with club membership optional rather than deeded. The typical existing home sold near $402,500.00 over the past year; 5 homes are for sale at $314,900 to $395,000, none under contract, and all 5 have already cut price.
New construction is minimal here (about 3% of sales), so this is essentially an all-resale market — what matters is how far values have moved and where the overpriced listings sit.
What This Means for Your Offer
Asking price is a starting point, not a verdict. Recent buyers paid a median of 97% of the original ask, and the typical home sold about $14,450.00 under its first number.
The overpriced listings are your leverage. Since 2021, homes that started too high and cut their price sat a median of 86 days and still sold about $40,000.00 under their first ask. A home that’s been sitting is a negotiation waiting to happen — and every home on today’s shelf has already blinked once.
Judge value in price per square foot. Where a home lands against the $215 resale median tells us what it’s really worth before we write.
Kensington Estates · The Numbers Behind the Story · Resale Homes
Resale Value Per Square Foot, by the Year — What the Market Actually Did
Median resale value per square foot by calendar year (2026 is year-to-date through September). We chart per-foot value, not median price — because median price swings on which sizes sell, while price-per-foot shows the real trend, and where your negotiating room sits.
Resale Values, by the Year
Year
Sold
Median Price
$/SqFt
DOM
At/over ask
2021
17
280,000.00
$151.43
11
41%
2022
18
395,950.00
$191.28
8
56%
2023
15
420,000.00
$199.81
23
20%
2024
19
355,000.00
$204.80
27
5%
2025
13
365,000.00
$212.49
38
23%
2026 YTD
7
400,000.00
$207.59
42
0%
Resale homes only; full calendar years with 2026 as year-to-date through September.
The Peak Test: on resale value per square foot, Kensington Estates is about 2.3% below its 2025 peak. Essentially at its high — you’re buying proven, holding value.
The Number Nobody Shows You
0 of 7
listings in the current cycle left the market unsold — this year, the ones that ended all sold
1 in 8.4
resale listings since 2021 left unsold (12 of 101), sitting a median of 80 days first
Two ways that helps you. First, a seller whose home has sat for months is a negotiation waiting to happen. Second, the expired and withdrawn homes of past years are inventory the portals no longer show — the owners still want to sell, and we can approach them directly for you.
Long-run perspective: resale value per square foot is up about 37% since 2021. You’re buying into a proven community with the negotiating room this market gives you.