The story of this market
The typical home in ZIP 23091 sells for about $399,000, or $195 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 23091 — King and Queen Court House
The housing market in 23091 remains stable, characterized by low inventory and steady demand from buyers seeking rural residential properties. Prices have seen modest year-over-year growth, supported by the area's appeal as a commuter-friendly alternative to the Richmond core. Market activity is currently balanced, with homes spending a moderate amount of time on the market.
This ZIP is best suited for family buyers and commuters looking for larger lots and a quiet, rural lifestyle within reach of the Richmond employment core.
Median prices moved up 3.2% year over year.
Homes spend a median of 48 days on market with 4.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 39.1% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 23091, King William County, VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the King William area are generally low, consistent with rural and semi-rural communities in the Middle Peninsula region.
Schools serving the area are part of the King William County Public Schools system, which is characterized by small-town community engagement and moderate academic performance.
The area faces standard regional risks including potential for localized flooding near the Pamunkey and Mattaponi rivers and seasonal wind events.
Economic momentum is driven by its proximity to the Greater Richmond region, with residential development expanding as commuters seek more land and lower density.
Property taxes are assessed by King William County based on fair market value; the county maintains a relatively stable tax rate structure compared to more urbanized neighboring jurisdictions.
Commuting primarily involves personal vehicle travel via state routes toward Richmond or West Point for employment.
The area offers access to rural outdoor activities, including river fishing, boating, and local parks, with limited large-scale commercial shopping within the immediate ZIP.
The rental market is limited, consisting primarily of single-family homes with low vacancy pressure and minimal short-term rental saturation.
The economy is largely supported by local government, agriculture, and small businesses, with many residents commuting to the broader Richmond metropolitan area.
Transportation is heavily reliant on private vehicle use via state highways; there is no significant public transit infrastructure.
Development is focused on low-density residential expansion and preservation of rural character.
The King William County Commissioner of the Revenue oversees property assessments, which are conducted periodically to reflect market value.
Parcels are subject to county-level property taxes and school district levies; no major MUDs or PIDs are prevalent.
Property insurance premiums are generally stable, though proximity to river systems may influence flood insurance requirements.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Oldest courthouse in continuous use in the United States.
Provides significant recreational access for boating and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.