New - 44 minutes on Rocket
$4,869 Closing Credit¹
#10568584, Kerry Ferdinand, Listing Office: Black Lion Realty LLC
Williamsburg Housing Market Report December 2024•James City County, Virginia
Housing Prices in Williamsburg, VA
How much do homes in Williamsburg, VA cost?
Housing Market Conditions
Is Williamsburg, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Williamsburg is a Seller's Market
Difference Since December 2023
At the same time last year, Williamsburg was a Buyer's Market.
Insight
Williamsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$502,000$213/SqFt
+$43,000
+9.4%
Based on all homes sold in the last 12 months
Insight
Homes in Williamsburg have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Williamsburg was $502,000 in December 2024, up 9.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $285K | $251K | -11.9% |
| 22 Bedrooms | $299K | $248.5K | -16.9% |
| 33 Bedrooms | $393K | $415K | +5.6% |
| 44 Bedrooms | $568.5K | $682.5K | +20.1% |
| 55+ Bedrooms | $775K | $744.9K | -3.9% |
Summary: Williamsburg housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -11.9%. The home price for 2 bedroom homes decreased by -16.9%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes increased by +20.1%. The home price for 5 bedroom homes decreased by -3.9%.
Housing supply in Williamsburg, VA
How many homes are available in Williamsburg, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 545Last MonthDec 2024 | ||
| 6282 months agoNov 2024 | -13.2 % Change MoMNov – Dec |
Summary: The Williamsburg real estate market had 545 homes for sale in Dec 2024, a 13.2 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 118Last MonthDec 2024 | ||
| 1842 months agoNov 2024 | -35.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 4 | 0.0% |
| 22 Bedrooms | 78 | 58 | -25.6% |
| 33 Bedrooms | 284 | 250 | -12.0% |
| 44 Bedrooms | 190 | 164 | -13.7% |
| 55+ Bedrooms | 72 | 69 | -4.2% |
Summary: Williamsburg housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.6%. The inventory for 3 bedroom homes decreased by -12.0%. The inventory for 4 bedroom homes decreased by -13.7%. The inventory for 5 bedroom homes decreased by -4.2%.
Asking Price vs. Sold Price
How much do homes in Williamsburg, VA cost?
Over Asking Price10 Homes
At Asking Price4 Homes
Under Asking Price14 Homes
Insight
If you're buying a home in Williamsburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 118 homes were sold or pending in Williamsburg in December 2024, down by 35.9% month-over-month. Of the 28 sold homes, 50% were sold under asking, 14% were sold at asking, and and 36% were sold over asking.
Days on Market for Williamsburg, VA
How long does it take to sell a home in Williamsburg, VA?
Breakdown of Home Sale Times
Under 30 Days65 Homes
30 – 90 Days44 Homes
Over 90 Days9 Homes
Insight
Many homes in Williamsburg are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 118 homes were sold in Williamsburg; 55% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 38 DaysThis YearDec 2024 | ||
| 45 Days1 year agoDec 2023 | -15.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Williamsburg had an average listing age of 38 days in Dec 2024, down by 15.0% compared to the previous year.
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Newest Listings in Williamsburg, VA
What homes are available in Williamsburg, VA?
New - 1 hour on Rocket
$4,976 Closing Credit¹
#10568481, Diane Steele, Listing Office: Abbitt Realty Company LLC
New - 2 hours on Rocket
$8,016 Closing Credit¹
#10563161, John Womeldorf, Listing Office: Liz Moore & Associates LLC
New - 3 hours on Rocket
$4,857 Closing Credit¹
#10568267, Leigh Ann Fisher, Listing Office: Liz Moore & Associates LLC
New - 5 hours on Rocket
$3,669 Closing Credit¹
#10568447, Shirley Wang, Listing Office: BHHS RW Towne Realty
New - 5 hours on Rocket
$10,000 Closing Credit¹
#10568512, Craig McLellon, Listing Office: EXP Realty LLC
New - 5 hours on Rocket
$3,147 Closing Credit¹
#2502451, Tyler Simmons, Listing Office: Samson Properties
New - 9 hours on RocketVideo tour
$5,807 Closing Credit¹
#10568332, Suzanne Dana, Listing Office: Williamsburg Realty
New - 10 hours on Rocket
$9,369 Closing Credit¹
#10568256, Deelyn Robinson, Listing Office: Liz Moore & Associates LLC
New - 1 day on Rocket
#VAJC2000388, Pamela Debnam, Listing Office: Houwzer, LLC
New - 1 day on Rocket
$2,791 Closing Credit¹
#10567850, Kathryn Keene, Listing Office: The Agency
New - 1 day on Rocket
$8,016 Closing Credit¹
#10568273, Colleen Starr, Listing Office: Ford's Colony Realty
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Based on information from Real Estate Information Network, Central Virginia Regional MLS, and BrightMLS for the period 01/01/2023 - 01/01/2025
Copyright © 2025 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
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Last updated on: 1/31/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Last updated on: 1/31/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.