Kent County, Maryland 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.
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Median home price 54% below the Maryland median Cheapest county in Maryland$123,045
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Median rent 29% below the Maryland median Cheaper than 70% of counties in Maryland$1,208
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kent County | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $123,045 | $267,101 | $248,835 |
| Price Trend (Annual %) | -3.1% | 3.4% | 7.5% |
| Median Gross Rent | $1,208 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kent County is about 54% lower than in Maryland. Rent is about 29% lower than the Maryland average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Kent County: home prices fell about 3.1% a year while rent rose about 3.9% a year. That is an unusual pattern worth watching.
Median rent in Kent County rose about 47.0% between 2015 and 2024, from $822 to $1,208. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Kent County.
Buying the median-priced home in Kent County costs roughly 8.5 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 Maryland is about 13.1.
| Metric | Kent County | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $123,045 | $267,101 | $248,835 |
| Median Household Income | $78,699 | $103,916 | $80,455 |
| Price-to-Income Ratio | 1.6 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kent County fell about 32.2%, while median household income rose about 50.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Kent County | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.5% | 62.4% | 58.5% |
| Rental Rate | 22.5% | 29.9% | 31.2% |
| Vacancy Rate | 18.0% | 7.7% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Kent County has a homeownership rate of 59.5%, lower than the Maryland average of 62.4%. Its housing vacancy rate is 18.0%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Kent County | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.03 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1979 | 1977 | 1978 |
| Median Number of Rooms | 6.4 | 6.2 | 5.5 |
The typical housing unit in Kent County was built around 1979. On average, 2.0 people live in a home with about 6.4 rooms, staying for about 17.0 years on average.
Kent County, MD Housing Compared With Nearby Counties
Kent County, MD is the smallest of the 6 counties compared here, 19,345 residents against a local median of 51,825. Where Kent County, MD breaks from the counties next to it is median home price, sitting 66% below the local median of $357,432 at $123,045.
The counties themselves spread $335,173 on median home price, so Kent County, MD sits at one end of an already wide local range rather than apart from it. Kent County, MD has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kent County, MD | 19,345 | $123,045 #6/6 | $1,208 #5/6 | 72.5% #5/6 |
| Queen Anne's County, MD | 51,825 | $231,617 | $1,619 | 82.9% |
| Cecil County, MD | 104,960 | $137,826 | $1,377 | 75.3% |
| Harford County, MD | 263,722 | $406,848 | $1,585 | 79.7% |
| Caroline County, MD | 33,666 | $357,432 | $1,104 | 71.9% |
| Talbot County, MD | 37,917 | $472,999 | $1,256 | 75.1% |
Frequently Asked Questions
Common questions about the housing market in Kent County, Maryland.
What is the median home price in Kent County, Maryland?
The median home price in Kent County, Maryland is $123,045, lower than the Maryland average of $267,101.
What is the average home price in Kent County, Maryland?
The typical home price in Kent County, Maryland, reported as the median sale price, is $123,045. 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, Maryland?
The median gross rent in Kent County, Maryland is $1,208 per month, lower than the Maryland average of $1,704.
What was the median gross rent in Kent County in 2020?
In 2020, the median gross rent in Kent County, Maryland was $968 per month.
What is the price-to-rent ratio in Kent County, Maryland?
The price-to-rent ratio in Kent County, Maryland is about 8.5, meaning it would take roughly 8.5 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, Maryland?
Home prices and rent are moving in opposite directions in Kent County: home prices fell about 3.1% a year while rent rose about 3.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Kent County, Maryland?
59.5% of households in Kent County, Maryland own their home, lower than the Maryland average of 62.4%.
What is the vacancy rate in Kent County, Maryland?
The housing vacancy rate in Kent County, Maryland is 18.0%, higher than the Maryland average of 7.7%.
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