New Kent County Real Estate Market Sees Home Sales Down

Home sales in the New Kent County market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 14.3% to 36 homes sold over the last 30 days. On the other hand, close-by Chesterfield County registered 591 home sales in the same period, the most of all surrounding counties. Potential buyers should note that prices are coming down in New Kent County, and for this period the median sales price slid from $259,900 to $256,767. New Kent County is a solid buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.

Want a home with a large living space in New Kent County? Start your search with these listings that provide the most in the area:

$250K   $549K   $695K  

Get started right now by checking out New Kent County homes for sale or reviewing New Kent County real estate trends.

Demographic facts for New Kent County:

  • The percentage of the population who own their homes is 82.5%.
  • The students per teacher ratio in this area is 12.9:1. (15.3:1 = national average)

Data reported through 6/15/2017

Comments:

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Long & Foster Real Estate Inc.
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