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Sarah Mitchell

CNESRESABR

Compass Real Estate · Kennett Square, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Kennett Square, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Kennett Square, PA Housing Market & Real Estate

Seller's market+45.5% YoY

Housing market overview · Updated monthly ·

$550,000median sale price

How is the Kennett Square, PA housing market right now?

The median home sale price in Kennett Square, PA is $550,000, up 45.5% year-over-year. Homes sell in an average of 11 days with 9 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Kennett Square a buyer's or seller's market?

Seller's market3.0 months of supply11 avg. days on market

Kennett Square, PA is currently a seller's market, based on 3.0 months of supply and homes selling in about 11 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

11

Fast-moving

Active listings

9

3.0 months supply

Sale-to-list

102.6%

Above asking

What does the Kennett Square housing market data show?

Current housing market statistics for Kennett Square, PA
MetricValue
Median sale price$550,000
Median list price$529,998
Year-over-year price change+45.5%
Average days on market11 days
Active inventory9 listings
Months of supply3.0 months
Sale-to-list price ratio102.6%
Median price per sq ft$268/sq ft
Homes sold (latest month)3
New listings (latest month)8
Listings with a price cut77.8%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Kennett Square by property type?

How the Kennett Square, PA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Kennett Square, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$557,500$303/sq ft221 days
Condo / Co-op$355,000$247/sq ft1168 days
Townhouse$525,000$210/sq ft111 days

Source: Redfin · Updated monthly

The Kennett Square housing market is currently classified as a seller's market with a median sale price of $550,000. Prices have risen 45.5% compared to last year, with homes spending an average of 11 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.6x provides context for how home values compare to local earning capacity.

Homes for sale in Kennett Square

There are currently 9 homes listed for sale in Kennett Square, Pennsylvania. The median listing price is $530K.

Active listings

9

Homes on market

Median list price

$530K

Avg. days on market

11

Days until sale

New this week

8

Newly listed

Price drops:77.8%of listings
Sale-to-list:102.6%

Who lives in Kennett Square?

Population

6,096

Median income

$74,259/yr

Median age

38.5 years

Owner-occupied

52.5%

College grads

36.3%

Avg commute

19.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Kennett Square?

Zillow home value

$639,034

Zillow rent index

$2,225/mo

Price-to-rent ratio

23.9x

Price-to-income

8.6x

Source: Zillow Research

What is it like to live in Kennett Square?

Kennett Square is a community of approximately 6K residents with a median age of 38.5 years.The median household income is $74,259, which represents a working-class community with solid middle-income opportunities. 36.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 52.5%, showing a blend of owner and renter-occupied properties. The average commute time is 19.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Kennett Square offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Kennett Square?

7 schools tracked · 5,003 students

The largest public schools serving Kennett Square, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Unionville HS

Grades 9-12 · 1,270 students

Public

Kennett High School

Grades 9-12 · 1,267 students

Public

Charles F Patton MS

Grades 6-8 · 875 students

Public

Greenwood El Sch

Grades 1-5 · 552 students

Public

Bancroft El Sch

Grades 1-5 · 396 students

Public

Unionville El Sch

Grades K-5 · 376 students

Public

Mary D Lang Kdg Ctr

Grades K · 267 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Kennett Square, PA?

Want a head-to-head view? Compare Kennett Square side-by-side with any other U.S. city using our market-comparison tool.

Is Kennett Square a good real estate investment market?

For investors evaluating Kennett Square, the price-to-rent ratio of 23.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 45.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Kennett Square's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Kennett Square's median home price.

Frequently asked questions

What is the average home price in Kennett Square?

The median home sale price in Kennett Square is $550,000, up 45.5% from last year.

How long do homes stay on market in Kennett Square?

Homes typically spend 11 days on market before going under contract.

What is the median income in Kennett Square?

The median household income is $74,259 per year.

Is Kennett Square a buyer's or seller's market?

With 3.0 months of supply, Kennett Square is currently a seller's market.

What is the Zillow home value estimate for Kennett Square?

The Zillow Home Value Index (ZHVI) for Kennett Square is $639,034, representing the typical home value in the area.

What is the median condo price in Kennett Square?

The median condo/co-op sale price in Kennett Square, PA is $355,000, compared to $557,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Kennett Square?

The median single-family home price in Kennett Square, PA is $557,500 (about $303 per square foot).

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