New Kent County, Virginia home prices
Typical home $447,882 · +3.6% in a year · property tax 0.64%
The typical home in New Kent County is worth $447,882, 9% more than the Virginia typical home ($412,252). Values changed +3.6% in the past year and +26.7% over five years. Homeowners here pay a median 0.64% of their home's value in property tax each year ($2,848 on the typical home), versus 0.71% statewide.
Mortgage on the typical New Kent County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $89,576 | $358,306 | $2,410 | $0 | $461 | $2,872 | $123,100 |
| 10% down | $44,788 | $403,094 | $2,712 | $168 | $461 | $3,341 | $143,200 |
| 5% down | $22,394 | $425,488 | $2,862 | $177 | $461 | $3,501 | $150,000 |
| 3.5% down (FHA) | $15,676 | $439,770 | $2,958 | $198 | $461 | $3,618 | $155,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.64% 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 |
|---|---|---|---|
| Manassas Park City | $456,320 | +1.6% | 1.17% |
| Hanover County | $456,445 | +3.5% | 0.66% |
| Spotsylvania County | $456,909 | +0.9% | 0.58% |
| Poquoson City | $460,122 | +1.8% | 0.92% |
| York County | $463,575 | +2.8% | 0.64% |
| Frederick County | $428,315 | +1.3% | 0.48% |
| Fredericksburg City | $467,891 | +1.7% | 0.6% |
| Chesapeake City | $424,806 | +3.6% | 0.82% |
| Virginia Beach City | $424,664 | +3.1% | 0.8% |
| Madison County | $420,931 | +4.4% | 0.53% |
Frequently asked questions
What is the average home price in New Kent County, VA?
The typical home value in New Kent County is $447,882 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in New Kent County?
About $123,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in New Kent County?
The median effective rate is 0.64% of home value a year (Census ACS 2024 5-year estimates).