Keysville, Prince Edward County, Virginia Property Taxes
Property Taxes in Keysville, Virginia
Median Keysville, Virginia effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, and lower than the Virginia state median of 0.90%.
Median Keysville, Virginia home value: $110,900
Median annual Keysville, Virginia tax bill: $564, $1,836 lower than the national median property tax bill of $2,400.
How are property taxes in Prince Edward calculated?
Property taxes in Keysville, Virginia are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Keysville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keysville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Keysville, Prince Edward County, Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.51%
Estimate Property Tax Bill
$566
$525
How Does the Keysville Property Tax Calculator Work?
Use this Keysville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Keysville's median effective tax rate of 0.51% — based on actual property records in Prince Edward County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Keysville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Keysville: rates range from 0.51% in 23947 to 0.51% in 23947, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Keysville.
About Keysville Property Taxes
About Property Taxes in Keysville, Prince Edward, Virginia
Keysville’s median effective property tax rate of 0.51% is lower than the Virginia state median of 0.90% and lower than the national median of 1.02%. This rate reflects the Prince Edward County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Keysville. Homeowners in ZIP code 23947 carry a median effective rate of 0.51%, and the same ZIP code also reflects the city’s median home price of $110,900 and median tax bill of $564. Understanding how assessed value is set can make a meaningful difference to your annual tax bill, especially when the 75th percentile tax bill reaches $843.
Keysville homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Keysville, Prince Edward County, Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Keysville's effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Keysville Tax Rate
0.51%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Prince Edward County Tax Rate
0.51%
Median Effective Virginia Tax Rate
0.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Keysville, Prince Edward County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23947 | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
Source: Ownwell
Property Tax Assessment Values Across Keysville, Prince Edward County, Virginia
When examining property taxes in Keysville, Virginia, understanding the distinction between “market value” and “assessed value” is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. Prince Edward County estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Prince Edward County, assessment notices are sent in January each year. They’ll typically reach your mailbox by the middle of January.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For Keysville, the median home price is $110,900, with a median tax bill of $564. The highest median home price is in 23947, also at $110,900.
Property Tax Assessment Values Across Keysville, Prince Edward County, Virginia
Source: Ownwell
$102,300
$129,300
$156,300
Median Keysville Market Value
$110,900
Median Prince Edward County Market Value
$130,400
Median Virginia Market Value
$323,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Keysville, Prince Edward County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23947 | $27,730 | $65,350 | $110,900 | $164,900 | $216,050 |
Source: Ownwell
Property Tax Bills Across Keysville, Prince Edward County, Virginia
Property tax bills in Keysville are calculated by multiplying a home’s assessed value by the local tax rate set for Prince Edward County, then applying any exemptions or adjustments that may reduce the amount owed. The assessed value is based on the market value of the property, so changes in home prices can affect the tax bill even if the homeowner does not make any improvements.
For a home with a median price of $110,900, the property tax bill can vary widely depending on the assessment and the rate applied. In Keysville, the tax bill is influenced by property characteristics, location, and how the county values the home for tax purposes.
Homeowners with higher assessed values generally pay more, while those with lower assessments may pay less. The result is a tax bill that can range from modest to substantial, affecting monthly budgeting and long-term housing costs for residents.
Median Keysville Tax Bill
$564
Median Prince Edward County Tax Bill
$655
Median Virginia Tax Bill
$2,852
Median United States Tax Bill
$2,400
Property Tax Bills Across Keysville, Prince Edward County, Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 23947 | $138 | $333 | $564 | $843 | $1,103 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Prince Edward Tax Assessor | |
| Website | epayments.co.prince-edward.va.us |