$3,858 Closing Credit*
$324,900
2,144 SqFt
3 Beds
•2 Full Baths, 1 Partial
Scott M Tinlin, Listing Office: Platinum Real Estate
Is Kent, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Kent has remained a Seller's Market.
Key Takeaway
Kent is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kent, OH
How much do homes in Kent, OH cost?
Median Sold Price
$241,333
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$21,533(+9.8%)
Key Takeaway
Homes in Kent have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Kent was $241,333 in December 2024, up 9.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.5K | $140K | +67.7% |
| 2 Bedrooms | $132K | $151K | +14.4% |
| 3 Bedrooms | $210K | $235K | +11.9% |
| 4 Bedrooms | $279.9K | $300K | +7.2% |
| 5+ Bedrooms | $430K | $390K | -9.3% |
Summary: Kent housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.7%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 9.3%.
Median Sold Price Compared To Nearby Cities
| Brimfield Township | $246K | $275K | +11.8% |
| Kent | $219.8K | $241.3K | +9.8% |
| Franklin Township | $250K | $268.6K | +7.5% |
Housing Supply in Kent, OH
How many homes are available in Kent, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 76 | 61 | -19.7% |
Summary: The Kent real estate market had 61 homes for sale in December 2024, a 19.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 22 | 18 | -18.2% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Kent housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kent, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Kent in December 2024, down by 30.8% month-over-month. Of the 18 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% were sold over asking.
Days on Market for Kent, OH
How long does it take to sell a home in Kent, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 26 Days | 43 Days | +64.5% |
Summary: Homes in Kent had an average of 43 days on market in Dec 2024, up by 64.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kent are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 18 homes were sold in Kent; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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