Kent County's October First-Time Homebuyer Report

The population of Kent County ranks as the third-youngest in Rhode Island with a median age of 42 years. It also ranks as the second- most affluent county with a median income of $59,165 per household. 02816, 02886, and 02893 are its three most populated zip codes. The Kent County market primarily consists of detached houses, accounting for 88% of the current homes in the area. Leading the list of best schools in the county are Cedar Hill School, Archie R. Cole Middle School, and East Greenwich High School.

Price Range

The median value of homes in Kent County is $164,900, making it one of the lower priced areas in Rhode Island. At the same time, the average list price of available homes is presently $247,949. 02818, 02817, and 02827 are the costliest places in the county. The Kent County market warmed up this week as sales climbed 10.3% to hit 256 homes sold over the last 30 days.

Out of all the listings in Kent County, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$269K   $144K   $140K  

Typical Dwelling

A three-bedroom detached home valued around $245,622 is considered a typical dwelling in Kent County. If a buyer was looking for a similar home, they would need good credit and a $49,124 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,198 and the property tax rate is $21.56 per $1,000 of taxable assessed value.

Get started right now by checking out Kent County homes for sale or reviewing Kent County real estate trends.


Data reported through 10/13/2016

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