Kensington, Maryland Information
Kensington is a peaceful town in Maryland that is ideal for family living. Situated near the cities of Bethesda and Chevy Chase, this town has become one of the most desirable residential communities since its founding in 1873. Today, the town is home to just over 2,300 people who are mostly middle class.
Kensington, Maryland Details
Many historic homes can be found throughout the community, but there are some modern abodes as well. As of July 2018, Kensington has a median home value of $592,100, which is indicative of an increase of 0.5 percent over the last year. The median home value is expected to rise by 1.8 percent over the next year. Most homes here sell for around $596,900 and have a median list price of $398 per square foot. The foreclosure rate is 13.9 for every 10,000 homes. On average, the monthly rental price for a two-bedroom home is $1,623 while a three-bedroom is $2,144. Larger families can rent a four-bedroom home for around $2,726 per month.
Along with being a great place to live, the community has different places of interest and events that offer additional entertainment. The Kensington Historic District features the Noyes Library, which is one of the oldest libraries in Maryland, along with other historic homes and structures. Saint Paul Park features a baseball field and children’s play area. The International Day of the Book is an important annual event that is celebrated in April and includes music, food and other live performances and festivities.
For a comprehensive market analysis of your rental property, contact us today.
Kensington Property Management
Our property management team specializes in residential areas throughout Kensington, MD. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.
Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Kensington area property management services.
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