Why Live in Williamsburg
Dating back to the early 1600s and rich in Colonial history, Williamsburg honors its past while also incorporating it with modern attractions. Located midway between Hampton Roads and the state’s capital city, Richmond, the historic city offers highly rated schools, shopping and dining hubs, coastal recreation and plenty of museums. The city of Williamsburg also includes James City County and York County, giving the 250-square mile area a population of over 168,000.
One of the biggest draws for tourists and locals alike is Colonial Williamsburg, a 301-acre living museum with early American architecture staffed with reenactors. “When I was young, my parents would take us up there, and we’d ride our bikes and enjoy the ambiance,” says Kayla L. Jones, a Realtor with Long & Foster Real Estate, who grew up in the area and has been selling homes here for five years. “A lot of locals will go out there at the end of the day and just walk.”
Tourism is the city’s biggest revenue source with over $1 billion generated annually. The city of Williamsburg is the largest employer, followed by William & Mary and the Colonial Williamsburg Foundation. Naval Weapons Station Yorktown and the U.S.
Home Trends in Williamsburg, VA
On average, homes in Williamsburg, VA sell after 34 days on the market compared to the national average of 50 days. The median sale price for homes in Williamsburg, VA over the last 12 months is $469,900, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$469,900
Median Single Family Sale Price
$509,000
Median Townhouse Sale Price
$406,990
Median 2 Bedroom Sale Price
$260,000
Median 1 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$224
Number of Homes for Sale
321
Last 12 months Home Sales
1,657
Median List Price
$485,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%