The housing market in Williamsburg, KY is a strong one, with median value for houses at $104,600. Compared to the national median value for homes of $338,100 it is a more affordable market option. The appreciation rate for homes in the last year was an impressive 12.90%, significantly higher than the US average appreciation rate of 8.27%. This indicates that investing in real estate here would be a wise choice with plenty of potential for growth and a great return on investment.
The median home cost in Williamsburg is $104,600. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Williamsburg is up 16.7%.
Average Age of Homes
- The median age of Williamsburg real estate is 39 years old
The Rental Market in Williamsburg
- Renters make up 43.1% of the Williamsburg population
- 6.5% of houses and apartments in Williamsburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.