Williamsburg First-Time Homebuyer Report for October

Williamsburg is a larger than average city in Virginia that has seen a 17.2% increase in population over the last 10 years. It also has a total population of 14,068. Williamsburg is made up of homes that are relatively old with a median of 34 years. The top school in the city is Jamestown High School.

Culture

If you are interested in the top stores to shop in Williamsburg, Foursquare says that Merchants Square, Wythe Candy & Gourmet Shop, and The Peanut Shop of Williamsburg are the most popular places to buy a few things. Great outdoor attractions are Pirate's Cove and Duke of Gloucester St. And finally, Colonial Williamsburg and Governor's Palace are frequently visited spots for entertainment.

Price Range

Williamsburg has some of the more expensive homes in the state with a median home value of $319,100 and a current average list price of $339,956.

Curious as to which homes have been getting the most attention in Williamsburg? These listings have stirred up interest and produced the most views:

$210K   $250K   $262K  

Typical Dwelling

The typical dwelling in Williamsburg is a three-bedroom townhouse worth about $292,528. To purchase a similar home, a buyer with good credit and a $58,506 cash down payment could obtain a mortgage with a 3.95% interest rate and a $917 monthly payment. The property tax rate is $4.59 per $1,000 of taxable assessed value.

Get started right now by checking out Williamsburg homes for sale or reviewing Williamsburg real estate trends.


Data reported through 10/13/2016

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