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, and every listing has already cut its price — here, the price you set decides your outcome.
$402,500 · $215/sq ft
What a typical resale home sells for today
15 vs 86 days on market
Since 2021: priced right sells fast; overpriced sits far longer
−2.3%
Resale value per sq ft off its 2025 peak — price to today, not the peak
The Bottom Line
Kensington Estates has moved from a seller’s market in August to balanced today, with about 4.6 months of inventory — five homes for sale, none under contract, and all five have already cut their price. On a per-square-foot basis, resale value is about 2.3% below its 2025 peak (still up about 37% since 2021). Pricing right still pays: 11 of the 12 resales of the past year sold without a single cut, in a median of 38 days at 96.7% of asking, while over the long run the overpriced-then-cut homes sat 86 days and gave up a median of $40,000 from their first price. Price to the resale data, not to a hopeful number.
Prepared October 1, 2026 Single-family homes · resale 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. On a per-square-foot basis, resale values are about 2.3% below the 2025 peak (still up about 37% since 2021). That makes pricing to today’s market everything.
$402,500.00
Median resale price last 12 months
$214.87
Resale price paid per living sq ft (12 mo.)
97%
Of original asking price — what sellers ultimately got
38 days
Median market time when priced right (past 12 months)
5 / 0 / 12
Homes for sale / under contract / resales sold in 12 months
11 of 12
Resales in the past 12 months that sold with no price cut
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 resale home sold near $402,500.00 ($215 a foot) over the past year. 5 homes are for sale at $314,900 to $395,000, none under contract, and all 5 have already reduced price.
Long term the community has held up — resale value per square foot is about 2.3% below its 2025 peak (still up about 37% since 2021). But the discipline that sells a home here is pricing to the resale record, and that record is lopsided:
✓ Priced right from day one — 75 homes
Median time to contract15 days
Got of original asking price98.1%
Median given up from first price$9,000.00
✗ Overpriced, then cut — 14 homes
Median time to contract86 days
Got of original asking price89.9%
Median given up from first price$40,000.00
All 89 resale closed sales, 2021–2026 (new construction excluded). "Priced right" = sold with no price reduction; "overpriced" = reduced at least once before selling. In the past 12 months only one resale was overpriced-then-cut — too few to measure alone — so the long-run record is the guide.
What This Means for Your Pricing
Price to the sold data, not a hopeful number. On value per square foot, the market is just off its 2025 peak. The homes that clear are the ones priced to the last 12 months of resale comps — and with all five current listings already cut, the shelf shows what an ambitious first price costs.
Overpricing is expensive. The overpriced-then-cut sellers waited far longer and gave up a median of $40,000.00 from first price to close.
Take every serious offer seriously. Only 12 resale buyers closed here in the past year, and none is under contract today — in a market this size, the first strong offer is often the best you’ll see.
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: a home’s median price swings on which sizes happen to sell, while price-per-foot shows the real change in value.
Resale Values, by the Year
Year
Sold
Median Price
$/SqFt
DOM
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 $/SqFt column isolates real value change from which sizes happened to sell.
The Peak Test: on resale value per square foot, Kensington Estates is about 2.3% below its 2025 peak (still up about 37% since 2021). Essentially at its high — but anchoring above the comps is still the most expensive mistake a seller can make here.
The Number Nobody Shows You
0 of 7
listings in the current cycle left the market unsold — every 2026 listing that ended, ended in a sale
1 in 8.4
resale listings since 2021 left unsold (12 of 101), sitting a median of 80 days first
This cycle, every Kensington listing that ended did so with a sale. But over the long run about 1 in 8.4 resale listings here ended without a sale — and with all five of today’s listings already cut, overpricing doesn’t just slow a sale; a long market history invites a harder negotiation.
Long-run perspective: resale value per square foot is up about 37% since 2021. Priced to today’s market — not the peak — your home has real equity and the data on its side.