Buildocrat US Land Value Book

Land and home values in New Kent County, Virginia

New Kent County (suburban, Richmond, VA) covers 210 square miles and 4 census tracts. Residential land is about $8.19 per sq ft at the county median, from $7.75 in its most rural tracts to $8.29 in its most valuable. The typical home is worth about $463,000 and a 2-bedroom rents for about $1,690 a month, as of October 12, 2026.

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County values

Land: residential$8.19per sq ft
Land: residential$356,756per acre
Land: quarter-acre lot$89,18910,890 sq ft
Land: farmland$7,000per acre
Home: typical (median)$463,000value
Home: entry-level$368,000lower quartile
Home: upper-end$562,000upper quartile
Build new$157per sq ft, no land
Rent: 1-bedroom$1,540per month
Rent: 2-bedroom$1,690per month
Rent: 3-bedroom$2,130per month
Rent: 4-bedroom$2,620per month
Gross yield, 2-bed4.4%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Upper2$8.19$463,000$1,340
Mid2$7.75$394,000$1,690

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
The ColoniesNeighborhood$10.20$510,000
Chickahominy ShoresNeighborhood$9.12$486,000
New KentCommunity$8.62$458,000
Maidstone VillageSubdivision$8.13$434,000
Courthouse EstatesNeighborhood$8.10$433,000
The OaksNeighborhood$8.09$437,000
Pine ForkNeighborhood$7.89$412,000
The Arbors at New Kent VineyardsNeighborhood$7.82$401,000

Questions people ask

How much is land worth in New Kent County, VA?

Residential land in New Kent County, VA is about $8.19 per square foot, or $356,756 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $89,189. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in New Kent County, VA?

The typical (median) home in New Kent County, VA is worth about $463,000, with entry-level homes around $368,000 and upper-end homes around $562,000, as of October 2026.

How much is rent in New Kent County, VA?

A 2-bedroom rents for about $1,690 a month in New Kent County, VA, a 1-bedroom about $1,540 and a 3-bedroom about $2,130 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in New Kent County, VA?

Farmland averages about $7,000 an acre in New Kent County, VA (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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