Housing Market Report
Kent County, DE
Data through February 2026 ยท Updated monthly
Homes are selling quickly with few price cuts
Avg Home Value
$362,248
โฒ 2.0% year-over-year
Days to Pending
29 days
Homes For Sale
451
Avg Rent/Month
$1,682
โฒ 2.9% year-over-year
The Kent County, DE housing market is holding relatively steady. The average home value is $362,248, up 2.0% year-over-year as of February 2026. Homes are spending a median of 29 days on the market before going pending. 0.2% of active listings have had a price cut.
Kent County leans toward a seller's market, with 0.2% of homes selling above list price and 0.5% selling below. There are currently 451 homes for sale in the county, with 115 new listings hitting the market each month. The median sale-to-list ratio is 100.0%.
The average asking rent in Kent County is $1,682 per month, up 2.9% year-over-year. For investors, the gross rent multiplier on a median-priced home is approximately 17.9, indicating moderate cash flow potential.
For homebuyers, the estimated monthly mortgage payment on a median-priced home in Kent County with 10% down is $2,248. That is $566 more per month than the average rent, making renting the more affordable short-term option. Homes are selling 13.6% below asking price on average, giving buyers room to negotiate.
Bottom-tier homes (under the 33rd percentile) are currently valued at $264,287, making them the primary target range for investors looking at wholesale deals, fix-and-flip projects, or BRRRR strategies.
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Market Snapshot
Kent County Housing Market at a Glance
Key metrics for Kent County as of February 2026. Year-over-year changes show how the market has shifted in the last 12 months.
| Metric | Nov 2025 | Dec 2025 | Jan 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $359,682 | $360,502 | $361,362 | โฒ 0.5% |
| Single Family Value | $361,096 | $361,948 | $362,842 | โฒ 0.5% |
| Median List Price | $366,267 | $363,267 | $358,300 | โผ 2.2% |
| Median Sale Price | $347,450 | $313,908 | $310,000 | โผ 10.8% |
| Avg Rent/Month | $1,682 | $1,689 | $1,674 | โผ 0.5% |
| Homes For Sale | 557 | 543 | 495 | โผ 11.1% |
| New Listings | 176 | 156 | 125 | โผ 29.0% |
| Days to Close | 32 days | 32 days | 32 days | No Change |
| % Sold Above List | 0.2% | 0.3% | 0.2% | No Change |
| % Sold Below List | 0.5% | 0.4% | 0.5% | โฒ 13.3% |
| % Listings w/ Price Cut | 0.3% | 0.3% | 0.3% | โผ 19.4% |
| Sale-to-List Ratio | 100.0% | 100.0% | 100.0% | No Change |
Home Values
Kent County Home Value Trend (2000โ2026)
All-home median values including the 2008 housing crash, 2020 COVID surge, and 2022 rate shock. Switch between All Homes, Single Family, Bottom Tier, Top Tier, and Rent to compare trends.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
Market Breakdown
What Homes Cost in Kent County
Home values broken down by bedroom count, ZIP code neighborhood, and property type. 3-bedroom homes are valued at $333,229 in Kent County. 1-bedroom units start at $170,233.
| Bedroom Count | Avg Value | Last 30 Days | Last Year |
|---|---|---|---|
| 1 Bedroom | $170,233 | โผ 0.2% | โผ 0.3% |
| 2 Bedrooms | $253,327 | No Change | โฒ 2.3% |
| 3 Bedrooms | $333,229 | โฒ 0.2% | โฒ 1.8% |
| 4 Bedrooms | $430,990 | โฒ 0.3% | โฒ 1.4% |
| 5+ Bedrooms | $492,969 | โฒ 0.2% | โฒ 1.1% |
The table above reflects average home values and rent in Kent County, broken down by bedroom count, neighborhoods, and property types. Data sourced from Zillow Research.
Market Tiers
Buyer vs. Investor Segments
Bottom-tier homes (under 33rd percentile) are the primary target for wholesale investors using the 70% rule. In Kent County, bottom-tier homes are valued at $264,287.
Bottom Tier
Under 33rd percentile
$264,287
โฒ 3.4% YoY
Wholesale / investor range
Mid Tier
33rd-67th percentile
$362,248
โฒ 2.0% YoY
Typical buyer range
Top Tier
Over 67th percentile
$478,545
Luxury / high-end
Market Activity
Supply, Demand and Pricing Power
How quickly homes are selling, how many are available, and whether sellers or buyers have the upper hand in Kent County.
Homes For Sale
451
115 new/month
% Sold Below List
0.5%
0.2% sold above
% Listings w/ Price Cut
0.2%
$10,000 median cut
Median Days to Close
32 days
29 days to pending
Median List Price
$358,667
Median Sale Price
$310,000
100.0% sale-to-list
Affordability
Monthly Cost to Own in Kent County
Estimated mortgage payments on the median-priced home at current rates. Compare against the average rent of $1,682/month to evaluate buy vs. rent.
| Down Payment | Est. Monthly Payment |
|---|---|
| 5% down | $2,785/mo |
| 10% down | $2,660/mo |
| 20% down | $2,169/mo |
Avg rent in this market: $1,682/month ยท Mortgage estimates based on Zillow data at prevailing rates
Rental Market
Rent Trends in Kent County
Zillow Observed Rent Index (ZORI) tracks typical asking rent, controlling for quality mix. Rent in Kent County is up 2.9% compared to last year. At current prices, the price-to-rent ratio is 17.9x annual rent.
Avg Asking Rent
$1,682
Year-over-Year
+2.9%
โฒ 2.9%
Month-over-Month
+0.5%
โฒ 0.5%
Price-to-Rent Ratio
17.9x
Rent trend (ZORI)
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
Metro Context
Kent County vs. Dover
How Kent County compares to the broader Dover metropolitan area.
| Metric | Kent County | Metro Avg |
|---|---|---|
| Avg Home Value | $362,248 | $362,242 |
| Days to Pending | 29 days | -- |
| % Sold Below List | 0.5% | 0.5% |
| Avg Rent/Month | $1,682 | $1,682 |
Nearby Markets
Other Counties in DE
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Data Sources and Methodology
Market data on this page comes from the Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), updated monthly by Zillow Research. ZHVI measures the typical home value for a given region based on Zillow's proprietary automated valuation model, smoothed and seasonally adjusted to remove noise. ZORI measures the typical observed market-rate rent across the region, controlling for quality mix changes.
Sale price, inventory, days-on-market, and sale-to-list metrics are sourced from Zillow Research public data releases. All data is refreshed on the 17th of each month. This report was last updated February 2026.
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