The story of this market
The typical home in King and Queen County, Virginia sells for about $450,000, or $225 per square foot.
Prices are up +16.44% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. Over the long run, values in this county have grown 33% since 2007. The biggest natural hazard here is drought, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,170 a month.
HUD sets the fair market rent for a 2-bedroom at $1,170 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Price climate
Every year of price change, 2007–2025
+6%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+17.5%). Worst: 2009 (-9.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,435
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2007–2025
+6%
2025 change
FHFA repeat-sales index, median of 2 census tracts in this county (2007 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
79
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $4,421,878.
Mortgage activity
Home lending in this county
67.3%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 298 | 138 | 67.3% | 1.3% | $210,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
King and Queen County, Virginia
King and Queen County's housing market is characterized by low inventory and a slow pace of sales, typical of its rural geography. Prices have seen upward pressure due to limited supply, though the market remains largely insulated from the volatility seen in nearby urban centers. Buyers are primarily seeking rural residential properties, with demand remaining steady but constrained by the lack of new construction.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 3 cities · 4 ZIP reports
Median prices moved up 1.1% year over year.
Homes spend a median of 70 days on market with 4.2 months of supply — a balanced-paced market.
32% of listings have cut prices · homes sell at 96.95% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 17.9% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 3 researched ZIP reports of 4 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
King and Queen County, Virginia — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 16
researched Sep 16
researched Sep 17
researched Sep 28
| 23091 | King and Queen Court House | $399,000 | $195 | +3.2% | 48 | 98.5% | 12% | 4.6 | 112 | $1,650 | researched Sep 16 |
| 23148 | Saint Stephens Church | $425,000 | $215 | +2.4% | 32 | 98.5% | 18% | 4 | 48 | $966 | researched Sep 16 |
| 23156 | Shacklefords | $283,000 | $174 | 0% | 87 | 96% | 43% | 4 | 236 | $939 | researched Sep 17 |
| 23185 | Williamsburg | $509,500 | $230 | +2.2% | 47 | 98.9% | 19.3% | 6.8 | 542 | $1,489 | researched Sep 28 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in King and Queen County remain significantly lower than both state and national averages, reflecting its rural character. Local law enforcement reports stable trends with property-related incidents being the most common, though rare.
Public education is served by the King and Queen County Public Schools district, which maintains small class sizes and a focus on community-integrated learning. The district is generally characterized by its rural scale and limited extracurricular breadth compared to larger suburban districts.
The county faces moderate risks from seasonal flooding, particularly in low-lying areas near the Mattaponi and Pamunkey rivers. Property insurance premiums are influenced by these regional water-proximity factors and standard coastal-Virginia wind exposure.
Economic momentum is primarily driven by agriculture, forestry, and small-scale local commerce, with limited large-scale industrial development. Infrastructure remains focused on maintaining rural connectivity, with no major corporate headquarters or high-density mixed-use projects currently under construction.
The county levies real estate taxes based on annual assessments conducted by the local commissioner of the revenue. Tax rates are set by the Board of Supervisors to fund local services, with no significant special district surcharges reported for residential parcels.
The economy is anchored by agriculture, forestry, and local government services, with a high reliance on regional employment centers outside the county borders. Economic growth is modest, reflecting the county's rural, low-density demographic profile.
Transportation is dominated by state highways such as Route 14 and Route 33, which serve as the primary corridors for regional travel. There is no public transit infrastructure, and residents rely entirely on personal vehicles for commuting.
The county's assessment regime is managed by the Commissioner of the Revenue, with periodic reassessments performed to ensure property values align with market conditions.
The county operates under a unified school district structure with no complex overlay of special utility or hospital districts reported.
Property insurance markets are stable but sensitive to flood-zone designations near the county's river systems, leading to varied premium costs for homeowners.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Provides significant recreational opportunities including fishing, boating, and kayaking, serving as a natural anchor for the county's outdoor lifestyle.
Forms a major portion of the county's border, offering scenic views and access to water-based activities that define the region's rural appeal.
Data retrieved from Census Reporter and ExecutivePulse profiles.