Foreclosure Homes in Kent, OH 44240

Current Market Conditions in Kent, OH

The current real estate market in Kent, OH is showing signs of steady growth, with home prices slightly increasing over the past few months. Buyers are becoming more competitive, and homes that are well-maintained and in desirable locations tend to sell quickly, often above the asking price.

Interest rates remain relatively low, which encourages buyer activity, especially among first-time homebuyers looking to settle in the area. The growing popularity of Kent among families due to its excellent schools and community services plays a significant role in the market's resilience.

Rent Prices In Kent, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kent, OH, is on a rollercoaster ride. The average rent price in Kent, OH, is $1,335.00. Indeed, when looking to rent in Kent, OH, you can expect to pay as little as $500.00 or as much as $2,340.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Kent, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.