Home/Virginia/New Kent County

New Kent County Housing Market

Virginia · 133 counties · Ranked #2858 in home value

Above National Avg

Housing at a Glance

Median Home Value

$371,500

vs national+$371,500 vs $281,900 national

Median Gross Rent

$1,653/mo

vs national+$1,653 vs $1,163 national

Effective Tax Rate

0.68%

vs national0.68% vs 1.02% national

Median Household Income

$120,125

vs national+$120,125 vs $74,755 national

Affordability Ratio

3.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

32.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,523

Tax as % of Home Value

0.68%

Monthly Owner Cost

$1,663

Renter Income

$69,519

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$378+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in New Kent County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in New Kent County?

The median home value in New Kent County is $371,500. This is above the national median of $281,900.

How much is rent in New Kent County?

The median gross rent in New Kent County is $1,653 per month.

What is the property tax rate in New Kent County?

The effective property tax rate in New Kent County is 0.68%. The median annual property tax bill is $2,523.

Is New Kent County affordable?

With a home-value-to-income ratio of 3.1x, New Kent County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.