Zip 23124 (New Kent, VA) Housing

Housing in 23124 New Kent, VA is significantly more expensive than the US median value of $338,100, with a median value of $375,100. Furthermore, despite the US house appreciation rate being 8.27%, New Kent has seen an even greater appreciation rate of 11.54%. This indicates that housing in New Kent has seen faster and higher growth in prices than the national average over the last year, making it an attractive location for potential home buyers or investors.

The median home cost in New Kent (zip 23124) is $375,100. Home appreciation the last 10 years has been 70.2%. Home Appreciation in New Kent (zip 23124) is up 15.6%.

Average Age of Homes

- The median age of New Kent (zip 23124) real estate is 27 years old

The Rental Market in New Kent (zip 23124)

- Renters make up 9.4% of the New Kent (zip 23124) population
- 0.0% of houses and apartments in New Kent (zip 23124), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Kent, Virginia	United States
	1,913.0	139,647,020.0
	22	42
	$375,100	$338,100
	15.6%	16.6%
	48.1%	57.0%
	70.2%	101.1%
	$7.40	$10.98
	$2,280	$2,690
	92.2%	57.4%
	5.7%	11.2%
	2.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.8%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	4.4%	13.0%
	42.6%	20.1%
	35.9%	13.6%
	10.9%	8.3%
	3.8%	9.7%
	0.9%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	20.3%	13.6%
	4.9%	13.2%
	12.4%	14.8%
	20.3%	13.6%
	0.8%	10.0%
	1.7%	4.7%
	8.8%	12.2%

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