Faversham Market Trends – May 2025 Overview
As we step into June, it’s the perfect time to reflect on the evolving property landscape across Faversham and its surrounding villages. Based on 147 data points gathered during May, the current market presents a strong, stable picture for both buyers and sellers alike.
💷 Average Sale Price & Value Stability
In May, the average sale price in the Faversham area reached £340,171, showing consistency month-over-month and suggesting a healthy level of price stability. Over the past six months, we’ve also seen the average price per square foot sit at £383—a figure that reflects the enduring appeal of the town and its neighbouring communities.
🏠 Sales Turnover & Activity
With a sales turnover rate of 11%, the local market is showing active movement. This level of turnover demonstrates strong buyer demand and a clear willingness from sellers to engage—signs of a vibrant, functioning marketplace.
🏦 Mortgage Rates & Buyer Confidence
Mortgage rates continue to play a key role. In May, the average two-year fixed rate held at 4.54%. While this may feel high compared to historic lows, it has now stabilised, offering buyers some predictability. And with a local average household income of £45,900, many households are still able to access financing comfortably and move forward with plans.
🏘️ What’s Happening Locally?
The Faversham market includes a diverse range of neighbourhoods—from Ospringe, Boughton and Hernhill to Oare, Sheldwich, Selling, and Badlesmere. Each offers its own unique charm, with a mix of heritage homes, modern builds, and countryside living.
Whether you’re buying or selling, understanding the nuances of each area is key, and that’s where local knowledge makes all the difference.
🔍 What Buyers & Sellers Should Know
Sellers: Well-presented homes in good condition continue to attract interest quickly. Staging, quality photography, and accurate pricing are key to standing out in a market where buyers are looking, but selective.
Buyers: With pricing stable and rates steady, now is a good time to explore your options—particularly in a town like Faversham, where quality of life and community feel remain high on the priority list.
🤝 Trusted Local Advice From Harrisons Homes
At Harrisons, we’re proud to call Faversham home and even prouder to guide our clients through their property journey here. As members of The Federation of Independent Agents (FIA), we offer more than just estate agency services—we deliver tailored advice backed by national insight and local understanding.
If you’re considering a move, or simply want to understand where your home fits into today’s market, we’d love to help.
📞 Get in touch to book a consultation or simply have a conversation about your next step.
Harrisons Homes
Your local estate agent in Faversham
01795 474848