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Featured local agent — New Kent, VA
Sarah Mitchell
Compass Real Estate · New Kent, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Kent, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$495,000median sale price
How is the New Kent, VA housing market right now?
The median home sale price in New Kent, VA is $495,000, up 17.9% year-over-year. Homes sell in an average of 4 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Kent a buyer's or seller's market?
New Kent, VA is currently a balanced market, based on 5.0 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
4
Fast-moving
Active listings
5
5.0 months supply
Sale-to-list
100.0%
Above asking
What does the New Kent housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $495,000 |
| Median list price | $824,900 |
| Year-over-year price change | +17.9% |
| Average days on market | 4 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 20.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in New Kent by property type?
How the New Kent, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $495,000 | $158/sq ft | 1 | 4 days |
| Townhouse | $350,000 | $190/sq ft | 2 | 201 days |
Source: Redfin · Updated monthly
The New Kent housing market is currently classified as a balanced market with a median sale price of $495,000. Prices have risen 17.9% compared to last year, with homes spending an average of 4 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in New Kent
There are currently 5 homes listed for sale in New Kent, Virginia. The median listing price is $825K.
Active listings
5
Homes on market
Median list price
$825K
Avg. days on market
4
Days until sale
New this week
3
Newly listed
Who lives in New Kent?
Population
887
Median income
$166,375/yr
Median age
31.1 years
Owner-occupied
100.0%
College grads
27.1%
Avg commute
38.5 min
Source: U.S. Census Bureau ACS
What are homes worth in New Kent?
Zillow home value
$452,491
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in New Kent?
New Kent is a community of approximately 1K residents with a median age of 31.1 years.The median household income is $166,375, which reflects a relatively affluent area with strong earning potential. 27.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Kent offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Kent?
5 schools tracked · 2,581 students
The largest public schools serving New Kent, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New Kent High
Grades 9-12 · 1,115 students
New Kent Middle
Grades 6-8 · 822 students
New Kent Elementary
Grades PK-5 · 644 students
Bridging Communities Reg Career & Technical Center
Grade range n/a
Bridging Communities STEM Academy
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Kent, VA?
Want a head-to-head view? Compare New Kent side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Kent?
The median home sale price in New Kent is $495,000, up 17.9% from last year.
How long do homes stay on market in New Kent?
Homes typically spend 4 days on market before going under contract.
What is the median income in New Kent?
The median household income is $166,375 per year.
Is New Kent a buyer's or seller's market?
With 5.0 months of supply, New Kent is currently a balanced market.
What is the Zillow home value estimate for New Kent?
The Zillow Home Value Index (ZHVI) for New Kent is $452,491, representing the typical home value in the area.
How much does a single-family home cost in New Kent?
The median single-family home price in New Kent, VA is $495,000 (about $158 per square foot).
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