Market Overview
Home Prices in Kilmarnock, VA
The median home value in Kilmarnock, VA is $369,421 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kilmarnock are priced10% below average.
Over the past five years, Kilmarnock home values have risen by approximately25.7%, reflecting strong long-term appreciation in this market.
Price History
Kilmarnock Home Price Trend
2020
$244,520
$245K
—
2021
$293,878
$294K
+20.2%
2022
$343,148
$343K
+16.8%
2023
$339,488
$339K
-1.1%
2024
$347,194
$347K
+2.3%
2025
$359,070
$359K
+3.4%
2026
$369,421
$369K
+2.9%
City Comparison
Kilmarnock vs. National Median
🏠 Kilmarnock
$369,421
National Median
$410,000
At $369,421, homes in Kilmarnock cost 10% below the national median of $410,000. This makes Kilmarnock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kilmarnock?
20% Down Payment
$73,884
on $369,421
Monthly P&I
$1,927/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,447/mo
incl. taxes & insurance
Income Needed
$97,880
gross annual (30% rule)
10% Down Option
$36,942
+ PMI applies
Loan Amount (20% dn)
$295,537
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Kilmarnock, VA?
The median home value in Kilmarnock is $369,421 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Kilmarnock?
Over the past year, home values in Kilmarnock have increased by 2.9%. Over five years, prices have risen approximately 25.7%.
How much do I need to earn to buy a home in Kilmarnock?
To comfortably afford the median home price of $369,421 with a 20% down payment ($73,884) at today's rates (6.8%), you'd need a gross annual income of approximately $97,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Kilmarnock compare to the national average home price?
The national median home value is approximately $410,000. At $369,421, homes in Kilmarnock are 10% below the national average.