The story of this market
The typical home in ZIP 19348 sells for about $643,000, or $334 per square foot.
Prices are up +34% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,574 a month.
ZIP 19348 — Kennett Square
The Kennett Square housing market is currently experiencing significant price appreciation, with a 34% year-over-year increase in median sale prices. The market is highly competitive, characterized by a seller's market dynamic and a sale-to-list ratio exceeding 100%. Data for rent and specific tax history were not available at the ZIP level.
This ZIP code is well-suited for families and professionals seeking a blend of suburban convenience and historic charm, with strong appeal for those commuting to the Wilmington or Philadelphia areas.
Median prices moved up 34.0% year over year.
Homes spend a median of 31 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 101.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 5.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 19348, Chester County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Kennett Square area remain low compared to national averages, with local law enforcement maintaining a stable presence in the community.
The area is served by the Kennett Consolidated School District, which provides public education for the region.
The region faces moderate risks related to seasonal storms and localized flooding in low-lying areas, with standard property insurance coverage widely available.
The area is characterized by a mix of residential development and agricultural heritage, with proximity to major regional employment hubs in Chester County and the Philadelphia metro area.
Property taxes are assessed at the county, municipal, and school district levels; specific rates vary by township within the ZIP code.
Residents typically commute via major regional corridors including US Route 1, providing access to Wilmington, DE, and the broader Philadelphia employment core.
The area features extensive local parks, the historic Kennett Square downtown district, and proximity to Longwood Gardens, a world-renowned botanical attraction.
The rental market is characterized by a mix of historic borough housing and newer suburban developments, with demand driven by regional employment growth.
The local economy is anchored by agriculture, particularly the mushroom industry, alongside a growing professional services and retail sector.
The area is primarily served by regional highway networks including US Route 1, with limited public transit options compared to the urban core.
Development activity is focused on maintaining the area's historic character while accommodating moderate residential growth.
Parcels are subject to Kennett Consolidated School District taxes and various municipal levies depending on the specific township.
Standard homeowners insurance is readily available, though premiums are influenced by regional weather patterns and proximity to flood-prone zones.
Data sourced from Census Bureau and ZCTA-level reporting.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A world-renowned botanical garden and major regional tourist attraction.
Historic downtown area featuring local shops, restaurants, and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.