Christine T Catalano, Listing Office: Coldwell Banker Realty
Kent County Housing Market Report December 2024•Kent County, Maryland
Housing Prices in Kent County, MD
How much do homes in Kent County, MD cost?
Housing Market Conditions
Is Kent County, MD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Kent County is a Seller's Market
Difference Since December 2023
Since last year, Kent County has remained a Seller's Market.
Kent County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Kent County have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Kent County was $350,000 in December 2024, up 9.4% from last year, and the median price per square foot was $216.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Kent County | $319.9K | $350K | +9.4% |
Kent County | $324.9K | $350K | +7.7% |
Cecil County | $338.3K | $360.9K | +6.7% |
Queen Anne's County | $503.5K | $535K | +6.3% |
New Castle County | $339.7K | $359.8K | +5.9% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $80K | $72.5K | -9.4% |
22 Bedrooms | $235K | $256K | +8.9% |
33 Bedrooms | $312.4K | $334K | +6.9% |
44 Bedrooms | $344.4K | $490.5K | +42.4% |
55+ Bedrooms | $383.9K | $552.5K | +43.9% |
Summary: Kent County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -9.4%. The home price for 2 bedroom homes increased by +8.9%. The home price for 3 bedroom homes increased by +6.9%. The home price for 4 bedroom homes increased by +42.4%. The home price for 5 bedroom homes increased by +43.9%.
Housing supply in Kent County, MD
How many homes are available in Kent County, MD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
136Last MonthDec 2024 | ||
1542 months agoNov 2024 | -11.7 % Change MoMNov – Dec |
Summary: The Kent County real estate market had 136 homes for sale in Dec 2024, a 11.7 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
34Last MonthDec 2024 | ||
332 months agoNov 2024 | +3.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 3 | +50.0% |
22 Bedrooms | 15 | 13 | -13.3% |
33 Bedrooms | 94 | 81 | -13.8% |
44 Bedrooms | 29 | 25 | -13.8% |
55+ Bedrooms | 14 | 14 | 0.0% |
Summary: Kent County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -13.3%. The inventory for 3 bedroom homes decreased by -13.8%. The inventory for 4 bedroom homes decreased by -13.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Kent County, MD cost?
Over Asking Price5 Homes
At Asking Price13 Homes
Under Asking Price16 Homes
If you're buying a home in Kent County, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Kent County in December 2024, up by 3.0% month-over-month. Of the 34 sold homes, 47% were sold under asking, 38% were sold at asking, and and 15% were sold over asking.
Days on Market for Kent County, MD
How long does it take to sell a home in Kent County, MD?
Breakdown of Home Sale Times
Under 30 Days17 Homes
30 – 90 Days13 Homes
Over 90 Days4 Homes
Many homes in Kent County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 34 homes were sold in Kent County; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
47 DaysThis YearDec 2024 | ||
64 Days1 year agoDec 2023 | -25.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Kent County had an average listing age of 47 days in Dec 2024, down by 25.2% compared to the previous year.
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Newest Listings in Kent County, MD
What homes are available in Kent County, MD?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.