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These days, finding an affordable place to live in the Kennett Square area can be challenging. Home prices in Kennett Square are now at a median cost of $536,412, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,719/mo in Kennett Square, primarily driven by the current value of real estate in the Kennett Square area. In Kennett Square, 25.09% of households rent, and 33.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kennett Square is $11,585 per month. Households that rent pay about 14.84% of their income on rent here. Kennett Square’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Toughkenamon, PA: less expensive homes
- Mendenhall, PA: higher priced homes
- Yorklyn, DE: higher priced homes
- Pocopson, PA: higher priced homes
- Avondale, PA: equally priced homes
- Chatham, PA: less expensive homes
- Hockessin, DE: equally priced homes
- Winterthur, DE: higher priced homes
- Doe Run, PA: less expensive homes
- Chadds Ford, PA: higher priced homes
Cities with Similar Populations
- Waverly, MI: less expensive homes
- Yulee, FL: less expensive homes
- Bedford, NH: higher priced homes
- Youngsville, NC: less expensive homes
- Blue Island, IL: less expensive homes
- Willmar, MN: less expensive homes
- Wetumpka, AL: less expensive homes
- Westford, MA: higher priced homes
- West Memphis, AR: less expensive homes
- Wekiwa Springs, FL: less expensive homes
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