January's First-Time Homebuyer Report for Kent Narrows

Kent Narrows is a smaller-than-average city in Maryland with 567 residents. It's also the fastest growing, at a 10-year growth rate of 14.7%. Keep in mind, most people in Kent Narrows own their homes, with a 60.0% ownership ratio.

Culture

If you're looking to explore the nightlife of Kent Narrows then check out The Jetty Restaurant & Dock Bar, Foursquare's most popular place to get a drink. If you're looking to explore the outdoors, some favorite spots are Kent Island Yacht Club and Piney Narrows Yacht Haven. You could also go see the popular Chesapeake Exploration Center if you're interested in arts and entertainment.

Price Range

Some of the more expensive homes in Maryland are in Kent Narrows with a median home value of $330,400 and an average list price for available homes currently at $490,321.

Curious as to which homes have been getting the most attention in Kent Narrows? These listings have stirred up interest and produced the most views:

$235K   $429K   $529K  

Typical Dwelling

A three-bedroom townhouse valued around $462,902 is considered a typical dwelling in Kent Narrows. If a buyer was looking for a similar home, they would need good credit and a $92,580 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,723 and the property tax rate is $8.36 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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Ask a local expert about this area:
Snapped 1 home in this area
Long & Foster Real Estate, Inc.
Snapped 1 home in this area

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