The story of this market
The typical home in Williamsburg (County Portions), Virginia sells for about $527,500, or $238 per square foot.
Prices are up +2.23% from a year ago, so sellers still have some momentum. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $2,300 a month.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Williamsburg (County Portions), Virginia
The Williamsburg housing market shows steady price appreciation and high demand, supported by the university and tourism sectors. While inventory remains constrained, the market is characterized by stable, long-term growth rather than rapid volatility. The city's unique historic status and academic anchor continue to insulate it from broader regional downturns.
No ARED county foreclosure postings attributed to Williamsburg (County Portions) yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 2.2% year over year.
Homes spend a median of 49 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 18.8% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A world-renowned living-history museum that serves as the city's primary cultural and economic anchor.
The second-oldest institution of higher education in the U.S., providing significant intellectual and economic vitality to the city.
A major regional attraction that drives significant tourism traffic and seasonal employment.
Williamsburg is ideal for academic professionals, retirees attracted to the historic lifestyle, and investors looking for stable rental demand driven by the university and tourism sectors.
The city is served by the Williamsburg-James City County Public Schools, which maintains a strong reputation for academic performance and is a primary driver of residential demand in the area.
The city is served by major corridors including I-64, facilitating regional access, though local transit is primarily focused on tourism and university connectivity.
The city offers a rich amenity base centered on its historic district, including Colonial Williamsburg, numerous walking trails, and proximity to regional theme parks like Busch Gardens.
The rental market is heavily influenced by the student population of the College of William & Mary and seasonal tourism, leading to high demand for multi-family and short-term rental units.
The economy is anchored by the College of William & Mary, the tourism industry, and government services, providing a stable employment base.
Economic momentum is anchored by the tourism sector, the College of William & Mary, and proximity to regional military installations, fostering a stable but tourism-dependent development environment.
Development is largely focused on infill projects and the preservation of the historic district, with limited large-scale new construction.
Parcels are subject to city-level taxation and the Williamsburg-James City County school district jurisdiction.
The area faces standard coastal Virginia risks, including potential for storm surge and wind damage, necessitating comprehensive property insurance coverage.
Property insurance markets are stable but sensitive to coastal weather risks, with premiums reflecting regional flood and wind exposure.
Williamsburg operates as an independent city, meaning it levies its own real estate taxes separate from the surrounding county; rates are set annually by the City Council based on assessed property values.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.