Kennett Square, PA Real Estate
According to census data in the year 2000 there were 1,967 housing units in Kennett Square.
This represents a 0.9% decline from 1,984 in 1990.
Of those housing units, 1,967 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Kennett Square is about 57.2%.
Kennett Square's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Kennett Square were built after 1954.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 1.80% |
| One Bedroom | 14.60% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 34.50% |
| Four Bedrooms | 14.90% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
Average Household Size | 3.12 |
Median year structure was built | 1955 |
Median Value of occupied units | $122,300 |
Rented Homes, Apartments and Condos
Average Household Size | 2.3 |
Median year structure was built | 1953 |
Median Monthly Rent asked for vacant units | $817 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 54.20% |
| Debt Free | 29.90% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 21.4% |