In its May 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Kent County, Maryland.
The report shows that the Median Sale Price in Kent County reached $400,000 as of May 2024, marking an increase of 27.0% over the previous month and a 25.0% rise compared to a year ago.
A total of 30 homes were sold in the region, indicating a decrease of 18.9% from last month and a rise of 66.7% when compared with a year ago.
Homes remained on the market for a median of 50 days, which is down 6 days from the month before and up 11 day from the previous year.
With the Market Pulse Score sitting at 115, the trend in Kent County’s housing market seems to be rising.
For more information about the Kent County, Maryland market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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