Williamsburg, VA is a desirable place to live, with a median house value of $414,600 that is significantly higher than the US median house value of $338,100. In the past year, the US saw an appreciation rate of 8.27%, while Williamsburg saw an impressive appreciation rate of 11.54%. This shows that housing in Williamsburg is highly valued and a great investment for those who are considering moving to the area.
The median home cost in Williamsburg is $414,600. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Williamsburg is up 15.6%.
Average Age of Homes
- The median age of Williamsburg real estate is 34 years old
The Rental Market in Williamsburg
- Renters make up 47.3% of the Williamsburg population
- 6.3% 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.