Is Kennett Square, PA 19348 a buyer’s or seller’s market?

The Kennett Square housing market right now

In the three months ending August 31, 2026, 36% of homes in Kennett Square, PA 19348 sold above their list price, the typical home went under contract in 34 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold more slowly (21 days then) and the median sale price held steady to $624,730. Overall, Kennett Square is less competitive than a year ago, which gives buyers more room.

Within Chester County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Kennett Square ranks #270 of 601 PA ZIP codes with enough sales (score 74 out of 100).

Nearby, buyers who want less competition could look at Parker Ford 19457 (0% sold over asking) or Sadsburyville 19369 (0% sold over asking), while Brandamore 19316 (100% sold over asking) and Thorndale 19372 (100% sold over asking) are even more competitive.