There are currently 1,778 real estate properties in New Kent, VA, with a median automated valuation model (AVM) price of $378,139.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Kent, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Kent, VA, is $413,586.00, with the most expensive house in New Kent, VA, topping out at $7,000,000.00 and the cheapest home in New Kent, VA, clocking in at $46,766.00. In other words, there’s something for every potential homebuyer or savvy investor in New Kent, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Kent, VA, is on a rollercoaster ride. The average rent price in New Kent, VA, is $1,582.00. Indeed, when looking to rent in New Kent, VA, you can expect to pay as little as $740.00 or as much as $3,480.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in New Kent, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
New Kent is located in New Kent, Virginia, with an estimated municipal population of 485 residents. All of the best foreclosed homes for sale in New Kent are located in the following zip code areas on Foreclosure.com: 23124. The estimated population per square kilometer (.62 miles) in New Kent is 41.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to New Kent, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in New Kent is 31.8, split between 52.6 percent male versus 47.4 female. The percentage of residents who report being married in New Kent is 73.5, with an average family size of 3.34.
The percentage of residents who report their race in New Kent is as follows:
| White | 83.7% |
| Black / African American | 16.3% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near New Kent? Or maybe you are searching for 55+ active adult communities in and/or near New Kent?
The percentage of residents who report their age in New Kent is as follows:
| Under 10 | 6.4% |
| Aged 10-19 | 29.5% |
| 20s | 10.1% |
| 30s | 8.5% |
| 40s | 27.6% |
| 50s | 5.4% |
| 60s | 5.2% |
| 70s | 7.4% |
| 80+ | 0% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in New Kent with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Kent.
How do you know that living in -- or moving to -- New Kent is right where you need to be? Perhaps you grew up in New Kent or already live nearby; therefore, the decision to buy a home in New Kent is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Kent for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in New Kent:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Kent.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Kent can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Kent, meanwhile, can field multiple offers from more qualified buyers.
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