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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 Type1.80%
One Bedroom14.60%
Two Bedrooms30.90%
Three Bedrooms34.50%
Four Bedrooms14.90%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1955
Median Value of occupied units$122,300

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1953
Median Monthly Rent asked for vacant units$817

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan12.20%
Simple Mortgage54.20%
Debt Free29.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%