King and Queen County, Virginia home prices
Typical home $299,161 · +5.6% in a year · property tax 0.52%
The typical home in King and Queen County is worth $299,161, 27% less than the Virginia typical home ($412,252). Values changed +5.6% in the past year and +35.2% over five years. Homeowners here pay a median 0.52% of their home's value in property tax each year ($1,562 on the typical home), versus 0.71% statewide.
Mortgage on the typical King and Queen County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,832 | $239,329 | $1,610 | $0 | $280 | $1,890 | $81,000 |
| 10% down | $29,916 | $269,245 | $1,811 | $112 | $280 | $2,203 | $94,400 |
| 5% down | $14,958 | $284,203 | $1,912 | $118 | $280 | $2,310 | $99,000 |
| 3.5% down (FHA) | $10,471 | $293,743 | $1,976 | $132 | $280 | $2,388 | $102,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.52% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Richmond metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dinwiddie County | $300,969 | +5.4% | 0.55% |
| Essex County | $296,194 | +2.9% | 0.57% |
| Waynesboro City | $293,551 | +2.0% | 0.67% |
| Newport News City | $291,426 | +2.8% | 1.01% |
| Salem City | $290,648 | +3.8% | 0.9% |
| Appomattox County | $289,196 | +7.8% | 0.52% |
| Westmoreland County | $309,231 | -0.1% | 0.6% |
| Northampton County | $309,419 | +5.0% | 0.57% |
| Cumberland County | $288,159 | +9.4% | 0.57% |
| Staunton City | $288,132 | +3.8% | 0.7% |
Frequently asked questions
What is the average home price in King and Queen County, VA?
The typical home value in King and Queen County is $299,161 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in King and Queen County?
About $81,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in King and Queen County?
The median effective rate is 0.52% of home value a year (Census ACS 2024 5-year estimates).