Kent County, Delaware Housing Market Prices
Kent County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 1% below the Delaware median$239,515
-
Median rent 3% below the Delaware median$1,354
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kent County | Delaware Avg | US Average |
|---|---|---|---|
| Median Home Price | $239,515 | $243,076 | $248,835 |
| Price Trend (Annual %) | 5.7% | 4.0% | 7.5% |
| Median Gross Rent | $1,354 | $1,401 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kent County is about 1% lower than in Delaware. Rent is about 3% lower than the Delaware average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Kent County, up about 5.7% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Kent County rose about 37.6% between 2015 and 2024, from $983 to $1,354. Over the same span, rent in Delaware rose about 37.7%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Kent County.
Buying the median-priced home in Kent County costs roughly 14.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Kent County. The price-to-rent ratio in Delaware is about 14.5.
| Metric | Kent County | Delaware Avg | US Average |
|---|---|---|---|
| Median Home Price | $239,515 | $243,076 | $248,835 |
| Median Household Income | $74,532 | $85,760 | $80,455 |
| Price-to-Income Ratio | 3.2 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kent County rose about 60.0%, while median household income rose about 33.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Kent County | Delaware Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.9% | 63.2% | 58.5% |
| Rental Rate | 25.7% | 23.5% | 31.2% |
| Vacancy Rate | 6.4% | 13.4% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Kent County has a homeownership rate of 67.9%, higher than the Delaware average of 63.2%. Its housing vacancy rate is 6.4%, compared with 13.4% in Delaware.
Housing Stock
| Metric | Kent County | Delaware Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.48 people | 2.53 people |
| Median Structure Built Year | 1991 | 1983 | 1978 |
| Median Number of Rooms | 6.2 | 6.2 | 5.5 |
The typical housing unit in Kent County was built around 1991. On average, 2.6 people live in a home with about 6.2 rooms, staying for about 15.0 years on average.
Kent County, DE Housing Compared With Nearby Counties
Kent County, DE is the 3rd largest of the 6 counties compared here, 187,603 residents against a local median of 153,308. Kent County, DE sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median home price, 8% above the local median at $239,515 against $220,844. Kent County, DE has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kent County, DE | 187,603 | $239,515 #3/6 | $1,354 #2/6 | 72.5% #2/6 |
| Caroline County, MD | 33,666 | $357,432 | $1,104 | 71.9% |
| Cumberland County, NJ | 153,308 | $178,114 | $1,282 | 66.5% |
| Sussex County, DE | 252,121 | $345,990 | $1,237 | 81.5% |
| New Castle County, DE | 577,338 | $220,844 | $1,448 | 69.0% |
| Salem County, NJ | 65,196 | $146,481 | $1,253 | 71.0% |
Frequently Asked Questions
Common questions about the housing market in Kent County, Delaware.
What is the median home price in Kent County, Delaware?
The median home price in Kent County, Delaware is $239,515, lower than the Delaware average of $243,076.
What is the average home price in Kent County, Delaware?
The typical home price in Kent County, Delaware, reported as the median sale price, is $239,515. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Kent County, Delaware?
The median gross rent in Kent County, Delaware is $1,354 per month, lower than the Delaware average of $1,401.
What was the median gross rent in Kent County in 2020?
In 2020, the median gross rent in Kent County, Delaware was $1,109 per month.
What is the price-to-rent ratio in Kent County, Delaware?
The price-to-rent ratio in Kent County, Delaware is about 14.7, meaning it would take roughly 14.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Kent County.
Are home prices or rent rising faster in Kent County, Delaware?
Both home prices and rent are rising in Kent County, up about 5.7% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kent County, Delaware?
67.9% of households in Kent County, Delaware own their home, higher than the Delaware average of 63.2%.
What is the vacancy rate in Kent County, Delaware?
The housing vacancy rate in Kent County, Delaware is 6.4%, lower than the Delaware average of 13.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →