Housing · Kilmarnock

Kilmarnock, VA housing market

The typical Kilmarnock home is worth about $365,000, up 2.5% in a year, 12% below the Virginia typical home.

Home values, sales, trends and how Kilmarnock compares with the towns next door — updated as new data is published.

The market right now

Kilmarnock at a glance

Typical home value
$365K
▲ 2.5% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

KilmarnockVirginia
$200K$250K$300K$350K$400K$450K 20182020202220242026 Kilmarnock $365K Virginia $415K
Show as a table
JanuaryKilmarnockVirginia
2017$223,000$253,000
2018$226,000$263,000
2019$234,000$271,000
2020$240,000$284,000
2021$269,000$311,000
2022$319,000$345,000
2023$332,000$367,000
2024$337,000$386,000
2025$353,000$405,000
2026$358,000$411,000
August 2026$365,000$415,000
Affordability

9.1 years of income

The typical Kilmarnock home costs about 9.1 years of the town's median household income, more than across Virginia (4.5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
58.1%
Virginia: 67.3%
Median tax bill
$1,341
Virginia: $2,790
Median rent
$630
Virginia: $1,579
Typical home built
1985
Virginia: 1984

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,130

HUD's Fair Market Rent for a two-bedroom in Kilmarnock is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Kilmarnock pay a median of $630, so moving in tends to cost more than staying put. A two-bedroom takes about 34% of the town's median household income, above the 30% guideline for affordable housing.

1 bedroom
$920
a month, with utilities
2 bedrooms
$1,130
a month, with utilities
3 bedrooms
$1,470
a month, with utilities
Share of income
34%
2 bedrooms ÷ median income

Studio $920 · 4 bedrooms $1,830

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22482; Lancaster County, VA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Kilmarnock

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01