New Kent County Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in New Kent County is $123, which is higher than the Richmond Metro average of $117. The median price of homes currently listed in New Kent County is $275,000 while the median price of homes that sold is $236,765. The median rent price in New Kent County is $1,450, which is higher than the Richmond Metro median of $1,100.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in New Kent County is 2.7%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of New Kent County homeowners underwater on their mortgage is 18.2%, which is lower than Richmond Metro at 20.3%.

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Relative ZHVI
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New Kent County Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $275,000 Median listing price
  • $236,765 Median sale price (Jul 31, 2014)
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New Kent County Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 18.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.7 homes Richmond Metro
4.3 homes United States
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Nearby Counties

Name Median ZHVI Name Median ZHVI Name Median ZHVI
York County $284,600 Williamsburg City County $253,600 Hanover County $229,100
Henrico County $189,100 Richmond City County $142,200  

Listings & Sales

Data through Aug 31, 2014
  • $123 Median list price / sq ft
  • $124 Median sale price / sq ft (Jul 31, 2014)
  • 24.7% Listings with price cut
34.9%
Sold below listing
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New Kent County Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,515 New Kent County
$1,310 Richmond Metro
$1,328 United States
  • No data Breakeven horizon
  • $1,450 Rent list price
  • $0.78 Rent list price / sq ft
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