23085 — King and Queen County, Virginia Market Snapshot
Housing market data for zip code 23085 in King and Queen County, Virginia. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 2 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the King and Queen County county page for broader data.
Market Sales Data
2 sales in 2026 (year to date)
Median Sale Price
$389,950
Days to Sell
20
Homes Sold
2
Inventory
2
Conforming Loan Available
Most homebuyers in 23085 can comfortably use conventional financing. The median home price of $389,950 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 23085 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 23085 can comfortably use conventional financing. The median home price of $389,950 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 23085 are set at the county level.
2026 Loan Limits — King and Queen 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 23085
To purchase the median home at $389,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,138.
Monthly Payment
$3,138
Income Required
$134,472
Principal & Interest
$2,403/mo
Down Payment (5%)
$19,498
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 23085.
Estimated Monthly Payment
$2,563
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