The housing in Kent, CT is very desirable due to the median value being significantly higher than the US house median value. Currently, the US house median value is $338,100 while the housing median value in Kent, CT is $506,300. This difference in values reflects a strong appreciation for homes in this area. Additionally, the appreciation rate of 1 year for houses in Kent is 11.76%, which is much higher than the US average of 8.27%. The combination of high values and good appreciation rate makes it a great time to invest in housing in Kent, CT.
The median home cost in Kent is $506,300. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Kent is up 13.4%.
Average Age of Homes
- The median age of Kent real estate is 46 years old
The Rental Market in Kent
- Renters make up 25.4% of the Kent population
- 1.0% of houses and apartments in Kent, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.