Kennett Square, PA is an attractive area for homebuyers due to its high housing median value of $525,400. This is significantly higher than the US House Median Value of $338,100. Moreover, the 1 year house appreciation in Kennett Square is 12.61%, which is 4.34% greater than the US 1 year house appreciation of 8.27%. These factors make Kennett Square a desirable place to invest in real estate for those looking for a strong return on investment.
The median home cost in Kennett Square is $525,400. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Kennett Square is up 13.5%.
Average Age of Homes
- The median age of Kennett Square real estate is 63 years old
The Rental Market in Kennett Square
- Renters make up 43.1% of the Kennett Square population
- 2.5% of houses and apartments in Kennett Square, 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.