56553, Kent, MN

Home equity is a valuable asset that can provide homeowners with a cushion of financial security in times of need. Home prices, on the other hand, are an important indicator of the health of the housing market and can provide insights into whether or not it is a good time to buy or sell a home. In Kent, MN, home equity and home prices have both been on the rise over the past few years.

As of May 2017, the median home value in Kent was $269,900. This represents an increase of 8% from 2016 and indicates that there is strong demand for homes in this area. In addition, according to Zillow’s recent report on nationwide home values, Kent has seen one of the highest growth rates in terms of home values over the past year. This indicates that there are plenty of potential buyers who are interested in purchasing homes in this area.

On the other hand, mortgage rates have been on the rise recently which may be discouraging some potential homeowners from buying homes. However, if you are looking for an affordable place to live with great amenities and access to excellent schools then Kent may be a good option for you.