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City · 6,243 residents · Chester County, Pennsylvania

Kennett Square , Pennsylvania

In Kennett Square, a typical home is worth $402,700 and typical rent is $1,396 a month. Compared with all of Chester County, typical household income is 37% lower, typical rent is 21% lower, and the share of households that own their home is 19 points lower.

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  • Typical home value

    $402,700

    17% below the county

    58% above Pennsylvania

    • Kennett Square
    • Chester
    • Pennsylvania

  • Typical rent

    $1,396a month

    21% below the county

    15% above Pennsylvania

    • Kennett Square
    • Chester
    • Pennsylvania

  • Typical household income

    $80,505a year

    37% below the county

    3% above Pennsylvania

    • Kennett Square
    • Chester
    • Pennsylvania

  • Households that own their home

    56%

    19 points below the county

    13 points below Pennsylvania

    • Kennett Square
    • Chester
    • Pennsylvania

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$627,116
2.8% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Kennett Square is in Chester County. The FHA loan limit ($630,200 for a one-unit home), the fair market rents and the help on this page are those of all of Chester County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Kennett Square apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Coatesville, the typical home value is $194,000: 52% less than in Kennett Square ($402,700).

  2. 56% of households in Kennett Square own their home, against 75% in Chester County.

  3. The typical household income in Kennett Square is $80,505, 37% less than in Chester County as a whole ($127,208).

  4. The typical rent in Kennett Square is $1,396 a month, 21% less than in Chester County as a whole ($1,763).

  5. The typical home in Kennett Square is worth $402,700, 17% less than in Chester County as a whole ($485,600).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Kennett Square

What homes there are in Kennett Square, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Kennett Square (53%), but less so than in Chester County (60%).

Year built

Homes in Kennett Square are older: the typical year built is 1957; in Chester County, 1983.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,221 a month

Chester County: $2,660 a month

Without a mortgage

$873 a month

Chester County: $977 a month

Owners with a mortgage

71%

Chester County: 68%

Owning costs less in Kennett Square: with a mortgage, the typical cost is $2,221 a month; in Chester County, $2,660. Without one, $873.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Kennett Square rose 53%; in Chester County, it rose 36%.

Since 2015–2019, the typical rent in Kennett Square rose 27%, less than in Chester County (33%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureKennett SquareChester CountyPennsylvaniaUnited States
Rental vacancy Unreliable estimate3.6%4.9%5.5%
Homeowner vacancy Unreliable estimate0.5%0.8%0.9%
More than one person per room Unreliable estimate1.4%1.6%3.4%
People per household 2.812.602.392.53
Drive alone 71%65%68%69%
Carpool 14%6%8%9%
Public transit Unreliable estimate1%4%3%
Walk or bike Unreliable estimate2%4%3%
Work from home 9%24%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Kennett Square has 2.81 people, more than in Chester County (2.60).

Carpooling is common in Kennett Square: 14% of workers get to work that way, against 6% in Chester County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Kennett Square?

A typical home costs more than the typical income allows

We start with a typical home in Kennett Square, worth $402,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 51% of the typical household income in Kennett Square, which is $80,505 a year. For that payment to be 28% of income, a household would need to earn about $147,169 a year.

The calculator's FHA and conventional loan limits are those of all of Chester County.

Your numbers

Local data
$

Starts at the typical home value in Kennett Square. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $14,095 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,434

at 7.18% · 30 years

Loan amount
$395,406
Total interest
$568,896
Paid off in
November 2056

Includes $6,801 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,878 a month

  • Tight

    $1,878 to $2,415 a month

  • Hard

    more than $2,415 a month

    Your payment · 51%

Compared with the typical household income in Kennett Square ($80,505 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,434
Principal & interest$2,679
Property tax$409
Home insurance$168
FHA mortgage insurance (MIP)$178

You need at least $14,095 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Kennett Square and Chester County

Kennett Square is in Chester County, Pennsylvania. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Kennett Square's own numbers

Typical home value
$402,700
Typical monthly rent
$1,396
Typical yearly household income
$80,505
Households that own their home
56%
Effective property tax rate
1.22%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Chester County

FHA limit, one-unit home
$630,200
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,860
Price change over 5 years (FHFA)
+52%
Homes in a high flood-risk zone
0.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Chester County.

Everything about Chester County

Buying

Buying a home in Kennett Square

A typical home in Kennett Square is worth $402,700: 17% below the county and 58% above Pennsylvania. With the typical household income in Kennett Square ($80,505 a year), a typical home costs 5.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Kennett Square 5.0 years
  • Chester 3.8 years
  • Pennsylvania 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Chester County

According to FHFA’s house price index, home prices in Chester County rose 77% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Chester County.

Period County Pennsylvania U.S.
Last year (2025) +4.7% +4.7% +2.9%
5 years (2020–2025) +52% +48% +47%
10 years (2015–2025) +77% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Kennett Square next to Chester County, Pennsylvania and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Kennett Square $402,700
  • Chester $485,600
  • Pennsylvania $254,500
  • United States $332,700
Typical monthly rent
  • Kennett Square $1,396
  • Chester $1,763
  • Pennsylvania $1,209
  • United States $1,413
Typical yearly household income
  • Kennett Square $80,505
  • Chester $127,208
  • Pennsylvania $77,971
  • United States $80,734
See the full table
Kennett Square next to Chester County and Pennsylvania
Measure Kennett Square Chester County Pennsylvania U.S.
Typical home value $402,700 $485,600 $254,500 $332,700
Typical monthly rent $1,396 $1,763 $1,209 $1,413
Typical yearly household income $80,505 $127,208 $77,971 $80,734
Households that own their home 56% 75% 69% 65%
Typical yearly property tax $4,903 $6,308 $3,311 $3,119
Effective property tax rate 1.22% 1.3% 1.3% 0.94%
Renters with high rent for their income 55% 48% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Chester County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Kennett Square

For a typical $402,700 home in Kennett Square, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Kennett Square's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,434a month

    Least cash to close
    Down payment
    $14,095
    Cash to close
    $26,176
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $178

  • Conventional, 5% down $3,360a month

    Down payment
    $20,135
    Cash to close
    $32,216
    Rate
    7.18%
    Mortgage insurance
    PMI · $191

  • Conventional, 20% down, no PMI $2,760a month

    Down payment
    $80,540
    Cash to close
    $92,621
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,132a month

    Down payment
    $60,405
    Cash to close
    $72,486
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Kennett Square and for Chester County.

Property tax

Effective rate in Kennett Square

1.22%of the home’s value each year

$4,903 a year for the typical owner in Kennett Square.

  • Kennett Square 1.22%
  • Chester 1.3%
  • Pennsylvania 1.3%

What Pennsylvania publishes Property Tax/Rent Rebate Program (PTRR) (Pennsylvania Department of Revenue)

Exemptions and deadlines in Pennsylvania

Flood risk in Chester County

FEMA does not publish these numbers by city: they are for all of Chester County.

Homes in the high-risk zone
0.8%
1,279
Of those, with NFIP insurance
40%
County Pennsylvania U.S.
Homes in the high-risk zone 0.8% 2% 3.5%
Of those, with NFIP insurance 40% 23% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Kennett Square

Typical rent in Kennett Square is $1,396 a month: 21% below the county. In Kennett Square, 55% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Chester County, by unit size. To pay the 2-bedroom one ($1,860 a month) without spending more than 30% of your income, you would need to earn $35.77 an hour working full time.

HUD fair market rent for all of Chester County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,438 $27.65 $57,520
1 bedroom $1,558 $29.96 $62,320
2 bedrooms $1,860 $35.77 $74,400
3 bedrooms $2,216 $42.62 $88,640
4 bedrooms $2,445 $47.02 $97,800

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Kennett Square

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Kennett Square is in ZIP code 19348.

For 2 bedrooms it is $1,760: $100 less than the fair market rent for Chester County ($1,860).

  • 19348 $1,760$2,100

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Kennett Square when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Kennett Square

HUD lists 2 buildings with rents for lower incomes in Kennett Square. These are the largest.

  • Granite Ridge II Multiple Addresses, Kennett Square 19348 56 low-income homes · 2 bd: 28 · 3 bd: 28 · In service since 2015 · For families
  • Limestone Ridge I Stewarts LN, Kennett Square 19348 55 low-income homes · 2 bd: 27 · 3 bd: 28 · In service since 2014 · For families

See all 51 buildings in Chester County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Kennett Square

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Chester County; 1 says it serves in Spanish.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Kennett Square

No down payment, repair or rent-help program on our list is for Kennett Square or Chester County. The ones below are statewide in Pennsylvania: they work in Kennett Square the same as in the rest of the state.

Which programs do I qualify for? All programs in Pennsylvania

Housing counselors near Kennett Square

The HUD-approved agencies closest to the center of Kennett Square, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Partnership of Chester County

    41 W Lancaster Ave, Downingtown · 11 miles away · Spanish

    • Budget and financial counseling
    • Predatory lending workshops
    • and 2 more
    (610) 518-1522

  • Media Fellowship House

    302 S Jackson St, Media · 18 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (610) 565-0434

  • Chester Community Improvement Project

    23 E 5th St, Chester · 19 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 4 more
    (610) 876-8663

Every agency in Chester County All counseling agencies in Pennsylvania

Help in Spanish near Kennett Square

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Kennett Square

HUD’s record names them for Kennett Square or Chester County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of Chester Public housing and Section 8 vouchers (610) 436-9200

All housing agencies in Pennsylvania Source: HUD

Cities

Other cities in Chester County

These cities are also in Chester County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Chester County Housing in Pennsylvania

Nearby cities

The cities closest to Kennett Square, with the typical home value.

Neighboring counties

If Chester County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Kennett Square.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Kennett Square

Short answers with the numbers for Kennett Square and all of Chester County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Kennett Square?

The typical home value in Kennett Square is $402,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Chester County it is $485,600.

How much does it cost to rent in Kennett Square?

Typical rent in Kennett Square is $1,396 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Chester County is $1,860.

What is the FHA loan limit in Kennett Square?

Kennett Square uses the FHA limit for all of Chester County (2026): $630,200 for a one-unit home and $1,211,950 for a four-unit home.

How much property tax do owners pay in Kennett Square?

The typical homeowner in Kennett Square pays $4,903 a year, according to the U.S. Census Bureau. That is 1.22% of the home’s value; in Chester County, the rate is 1.3%.

Where can I find free help to buy or rent in Kennett Square?

There is 1 HUD-approved counseling agency with an office in Chester County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).