The housing market in 19348 Kennett Square, PA is vibrant and growing. Median housing value in this area stands at $527,400 while the median value of US homes in general is $338,100. This implies that there is a significant premium on owning a home in Kennett Square. In addition to that, according to the most recent estimates, house appreciation in this area has been 12.61%, higher than the overall US house appreciation rate which stands at 8.27%. This means that homeowners can expect a healthy return on their investment over time. All things considered, the housing market outlook for Kennett Square remains positive and attractive to potential buyers and investors alike.
The median home cost in Kennett Square (zip 19348) is $527,400. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Kennett Square (zip 19348) is up 13.5%.
Average Age of Homes
- The median age of Kennett Square (zip 19348) real estate is 36 years old
The Rental Market in Kennett Square (zip 19348)
- Renters make up 28.7% of the Kennett Square (zip 19348) population
- 0.7% of houses and apartments in Kennett Square (zip 19348), 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.