Kent County is situated on the Eastern shore of Maryland. The County was named after its counterpart in Great Britain during the colonial era and has a rich history dating back to the 1600s. In 1970 County was granted home rule and is considered the smallest county in Maryland. Three significant waterways surround the region; The Chesapeake Bay is to the west, the Chester River to the south and the Sassafras River to the north.
Approximately 20,000 residents populate the county on 279.43 square miles of land. Kent’s boundaries also include 134.87 square miles of waterways as well. With 32.55% of the total county area consisting of water, it is obvious that fishing, boating and other watersports are important to the lives and livelihood of Kent residents. The Eastern Neck National Wildlife Refuge is situated in Kent County.
Real estate home values in Kent County have fared better than the rest of the region over the years of the economic downturn starting at 2006/2007. Rather than experiencing a precipitous fall, but changes in the real estate valuation in this County had been more gradual and less severe. There has been a 2.1 increase in home values over the last 12 months. Home sales have been fairly steady relative to the more volatile fluctuations in other Maryland real estate markets. One major factor that impacts home values is the foreclosure rate. Kent County has a lower rate of foreclosure (4.9) than the national average (5.3) as well as the Maryland average (5.3). Current home prices in this area are competitive and attractive to home buyers at the moment.
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