U.S. ZIP Code · VA23124
New Kent County · Richmond, VA
Appreciation
- 1-year
- +2.9%
- 5-year / yr
- +5.2%
- 10-year / yr
- +5.2%
Relative price
- vs U.S.
- +55.4%
- vs metro
- +18.7%
- vs state
- +34.5%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 23124 is worth $441,523 — 18.7% above the Richmond, VA median. Over the past year, values have risen 2.9%. The effective property tax rate is 0.6%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for New Kent County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Very Low[4]
- Riverine flood
- Very Low
- Coastal flood
- Relatively Low
- Wildfire
- Very Low
- Drought
- Relatively Moderate
- Heat wave
- Very Low
- Hurricane
- Relatively Low
- Tornado
- Very Low
- Earthquake
- Very Low
- Winter weather
- Very Low
#Who lives here
#Migration
Household moves in and out of New Kent County over a year, from IRS tax-return data.
- Net migration
- +466[5]
- Moved in
- 1,314
- Moved out
- 848
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 5
- Elementary
- 1
- Middle
- 1
- High
- 1
New Kent High
High · Grades 9–12 · New Kent County Public Schools
1,115 students
New Kent Middle
Middle · Grades 6–8 · New Kent County Public Schools
822 students
New Kent Elementary
Elementary · Grades PK–5 · New Kent County Public Schools
644 students
Bridging Communities Reg Career & Technical Center
Not applicable · Bridging Communities Reg Career & Technical Center
—
Bridging Communities STEM Academy
Not applicable · Bridging Communities Reg Career & Technical Center
—
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 23124?
- The typical home in 23124 is worth $441,523, based on the Zillow Home Value Index.
- Are home values rising in 23124?
- Home values in 23124 are up 2.9% over the past year, and up 5.2% a year over five years.
- What is the property tax rate in 23124?
- The effective property tax rate in 23124 is 0.6% — roughly $2,539 a year on a typical home.
- Who lives in 23124?
- ZIP code 23124 has a population of 5,147 and a median household income of $132,060.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Enon CDP, VA
- Typical home
- $441,372
- Gross yield
- 5.0%
VA
- Typical home
- $438,952
- Gross yield
- —
VA
- Typical home
- $436,648
- Gross yield
- —
Brandermill CDP, VA
- Typical home
- $436,548
- Gross yield
- 5.6%
Richmond, VA
- Typical home
- $447,708
- Gross yield
- 5.1%
VA
- Typical home
- $448,272
- Gross yield
- —
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