23011 — New Kent County, Virginia Market Snapshot
Housing market data for zip code 23011 in New Kent County, Virginia. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 5 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the New Kent County county page for broader data.
Market Sales Data
5 sales in 2026 (year to date)
Median Sale Price
$628,000
Days to Sell
27
Homes Sold
5
Inventory
2
Conforming Loan Available
Most homebuyers in 23011 can comfortably use conventional financing. The median home price of $628,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 23011 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 23011 can comfortably use conventional financing. The median home price of $628,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 23011 are set at the county level.
2026 Loan Limits — New Kent County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $707,250 |
| 2 Units | $1,066,250 | $905,400 |
| 3 Units | $1,288,800 | $1,094,450 |
| 4 Units | $1,601,750 | $1,360,100 |
Affordability Snapshot — Zip 23011
To purchase the median home at $628,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,962.
Monthly Payment
$4,962
Income Required
$212,637
Principal & Interest
$3,870/mo
Down Payment (5%)
$31,400
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 23011.
Estimated Monthly Payment
$4,037
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